Libyan agency calls for pause in public sector appointments
The Libyan state agency mandated to oversee government performance has called for the halting of appointments and contracts in the...
Economy
Egypt inflation expected to ease to 24.2% in December
Inflation in Egypt is expected to have eased to 24.2% in December as food prices continued to cool, according to...
Tunisia: Tourism revenue surges to $2.3bn
Tunisia's tourism revenue's have grown by a significant 7.8 percent in 2024, to $3.2bn, according to the MiddleEastMonitor on December...
Developing countries spend record amount on foreign debt
Developing countries across the world collectively spent a record $1.4tn to meet their foreign debt obligations in 2023, according to...
Israel budget: Cabinet set to approve wartime austerity budget
Israeli cabinet ministers voted on October 31st on a long-awaited austerity budget that reflects the current wartime climate in the...
Algeria on track to triple its rail network by 2030
Algeria is on target to triple its rail network by 2030 in a move to boost national economic growth and...
IMF says Gaza, Lebanon, Sudan conflicts to leave “lasting scars”
The International Monetary fund said on October 31st that Gaza, Lebanon and Sudan will take decades to cover from their...
Tunisia: Challenges lurking in the economy for Saïed’s new term
The economy still poses major challenges for Tunisia and its re-elected president Kaïs Saïed, according to AfricaNews. Public debt, unemployment...
Tunisian MPs propose stripping central bank of interest rate power
A bill proposed by Tunisian lawmakers on October 18th would end the country's central bank's power to adjust interest rates...
Morocco prepares to launch “e-dirham” digital currency
Morocco is preparing to launch the "e-dirham", the first kind of digital currency in the country with hopes of reforming...
France to finance Morocco’s Sahara power link
France-Morocco relations improve after France prepares to finance a power link between Morocco and Western Sahara, according to Reuters on...
Israel’s latest strike on Iran sparks currency fluctuations
The international currency fluctuations caused by Israel’s latest strike on Iran have now settled due to Tehran’s lack of retaliation,...
Israel’s economy in peril as military spending soars
As Israel's military spending soars amidst its deadly war in Gaza, analysts warn it risks harming its own economy and...
Can IMF help drought affected countries in Africa?
The International Monetary Fund (IMF) is examining ways of giving financial assistance for African countries that have been devastated by...
Lebanon: Boom in money supply offers economic hope
Branded the riskiest state in the world by investors, Lebanon saw its money supply swell fivefold in a single month, according...
