The Central Agency for Public Mobilisation and Statistics issued the Annual Bulletin for Trade Exchange Between Egypt and Nile Basin Countries in 2021 that presents and analyses trade volume (exports- …
North Africa
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Morocco, U.S. Pool Efforts against WMD Threats in North Africa
by Editorby EditorMorocco and the United States co-hosted the North African Proliferation Security Initiative (PSI) workshop from December 6-8 in Tangier. The workshop, the first of its kind in the region, shows …
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FIRST Marina Trust launches app to boost investment opportunity
FIRST Marina Trust Limited has launched a new software application that will enable people and corporate firms to invest with ease. The Managing Director of the First Marina Trust Limited, …
- Banking, Finance & InvestmentBusinessEconomyMoroccoNorth Africa
Standard Bank Plans to expand into Morocco and North Africa
Johannesburg-based Standard Bank has announced its plans to expand into North Africa, particularly in Morocco and Egypt. Africa’s largest lender by assets plans to enter the continent’s biggest economies to …
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Egypt and Greece reject Turkey-Libya maritime hydrocarbons deal
Egypt and Greece on Monday rejected the signing of the unity government in Libya, based on two memoranda of understanding formulated by Turkey in the field of hydrocarbon resources to …
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World Bank approves a $400m loan to Egypt for low-carbon freight railway
The World Bank has approved a $400 million loan to Egypt to develop a railway bypass for freight trains that will help improve and decarbonise the country’s transportation and logistics sector, the …
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Sisi directs CBE’s governor to end obstacles to import, manufacture within two months
President Abdel Fatah El-Sisi directed the Governor of the Central Bank of Egypt, Hassan Abdullah, to end all obstacles facing import and local manufacturing operations, resulting from the Russian-Ukrainian crisis, …
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Egypt set up committee to ease customs clearance and tax return to participants in COP27
Finance Minister Mohamed Ma’eit has decided to form a committee, whose job it will be to ease customs clearance and value-added tax return to participants in the upcoming climate summit, …
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African countries urged to speak out against worker abuse ahead of Qatar World Cup
With just about two months before the 2022 FIFA World Cup begins in Qatar, calls have mounted for African countries to seek justice for their citizens who have worked in …
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Egypt aims to raise $6B through selling stakes in state-owned companies before mid-2023
Egypt aims to raise up to $6 billion, before June 2023, by selling stakes in state-owned companies, according to the Minister of Planning, Hala El-Said. El-Said added that the program …