Egypt pressured by US to join “Abrahamic” economic pact
Egypt is being pressured by the United States to be a more active player in the “Abrahamic Regional Alliance” –...
IMF
Economic crisis to deepen in Algeria, warns IMF
The International Monetary Fund (IMF) has said that Algeria’s economy remains severely threatened, as it faces a dependency on oil...
World leaders assemble for a BRICS summit in Rio de Janeiro
Leaders of the growing BRICS group are meeting in Rio de Janeiro on July 7th, and are set to discuss...
Public spending cuts in Africa ensure wages fall dramatically
Public spending cuts across six countries in Africa –Ethiopia, Ghana, Kenya, Liberia, Malawi and Nigeria – have witnessed significant drops...
EU to offer €4 billion in aid to Egypt
The EU has offered to provide another €4 billion in aid to Egypt in order for the country to meet...
MENA growth forecast up, but global risks loom
Economic growth in the Middle East and North Africa (MENA) region is forecast to accelerate this year, with the aggregate...
HTS-appointed Syrian officials to attend key World Bank talks
Syrian officials appointed by Hayat Tahrir Al Sham (HTS) will attend World Bank and IMF talks in Washington next week...
Tunisia repays $1bn in foreign loans as debt struggle continues
The Tunisian government has successfully paid back $1.18 of foreign loans this month as the country continues to struggle with...
Reduced inflation in Egypt from December
Rates of inflation in Egypt eased to 24.2% by December 2024 as high food prices continue to decrease, according to...
IMF grants initial approval of $1.2bn fourth review to Egypt
The International Monetary Fund said on December 25th that it reached an agreement at staff-level with Egypt on the fourth...
Egypt to float four military-owned companies on the stock market
Egypt intends to float up to four military-owned companies on the stock market as part of a broader privatisation plan...
Tunisia: Italy PM talks migration in state visit
Italy’s Prime Minister Giorgia Meloni praised Tunisia and her country’s shared priorities on fighting human trafficking and repatriating African migrants...
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...
Tunisia: Carnegie report warns of impending debt crisis
Elation over a shipment of bananas has brought Tunisia’s grave economic situation into focus, according to Middle East Monitor on...
Egypt said to have agreed 8bn USD IMF loan conditions
Egypt announces an $8 billion bailout agreement with the IMF to tackle the country’s soaring inflation, according to The Associated...
