Category: Finance

Belgium issues international arrest warrant against Chairman of Libya’s Investment Authority

January 10, 2022

The Belgian judiciary wants the Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud arrested on charges of corruption and embezzlement, Libya Observer reports, citing ... Read More

World Bank deplores Algeria’s denial of its bleak economic outlook

January 8, 2022

After a series of attacks by the Algerian government through its official media, the World Bank has responded in a well-thought statement that defended its ... Read More

Algerian government attacks World Bank

January 7, 2022

Be nice to people on your way up because you might meet them on your way back! So says an adage that applies well to ... Read More

Tunisia to freeze salaries, recruitment in public sector for next three years – local NGO

January 5, 2022

Tunisia has pledged to the International Monetary Fund (IMF) to freeze salaries and recruitments in public sector from next three years until 2024, local powerful ... Read More

Launch of ‘Winter of Al-Quds 2021’ Campaign

January 2, 2022

The Rabat-based Bayt Mal Al-Quds Al-Sharif Agency has launched the "Winter of Al-Quds 2021" campaign, for the benefit of schoolchildren and families of orphans sponsored ... Read More

Saudi Arabia conditions credit line to Tunisia on IMF’s demands

December 30, 2021

Saudi Arabia is willing to provide Tunisia a financial facility to support the 2022 state budget but provided that the North African country meets the ... Read More

Algeria’s hysterical response to World Bank report

December 30, 2021

Algeria’s military regime has hit a new low in its response to a World Bank report warning of worsening poverty and bleak economic prospects in ... Read More

Morocco’s financial sector shows resilience against Covid-19 fallout

December 29, 2021

Rabat - Morocco The Moroccan financial sector continues to show resilience against the negative impacts generated by the Covid-19 pandemic, said the “Coordination & Systemic ... Read More

Tunisia adopts 2022 budget with $2.8b deficit

December 28, 2021

Tunisia has adopted the 2022 budget short of around $2.8 billion amid economic hardship that has hit the country also gripped by an unprecedented political ... Read More

Morocco’s green transition gets €25 Mln funding from EBRD, GCF & EU

December 24, 2021

The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the European Union, provides €25 million to Banque Marocaine ... Read More