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Lack of job opportunities push many Moroccans to informal economy- Central Bank
Fewer job opportunities meant that many people had to seek jobs at Morocco’s large informal economy leaving many young people in vulnerable conditions, the central bank said in its annual report. The coronavirus pandemic has revealed the scale of the underground economy, which showed that 5 million households, representing more than half the Moroccan population, […]
US envoy to Libya warns against attempts to forcibly remove the governor of the Central bank
Libya may lose access to global financial markets if attempts are made to unseat the leadership of the Central Bank of Libya (CBL) by coercion, warned US Special Envoy to Libya Richard Norland. In a post on the “X” account of the US embassy, Norland also stated that disagreements on the allocation of Libya’s riches […]
Egypt Tightens Security around Churches on Christmas
Egypt has increased the alert level to high in preparation of the Christmas celebrations given the massive church and mosque bombings the country suffered earlier this year. Egypt’s Interior Ministry has ordered 230,000 police officers to secure churches while putting all security departments on high alert, the MENA news agency said. Egypt will have to […]



