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Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that Egypt has already secured over USD 900 million in debt swap deals with key European partners Germany and Italy. These agreements effectively convert portions of Egypt’s external debt into funds allocated for sustainable development projects within the country.

Egypt Champions Debt Swap Deals to Ease Financial Strain and Advance Development

(3 Minutes Read) In a strategic move to manage its rising debt load while unlocking resources for national development, Egypt is increasingly turning to innovative...
Amid Historic Drought, Morocco Exports Record Volume of Water-Thirsty Avocados to Canada

Amid Historic Drought, Morocco Exports Record Volume of Water-Thirsty Avocados to Canada

(3 Minutes Read) While grappling with its worst drought in decades, Morocco has dramatically increased its export of avocados—a crop known for its high water...
The National Council of the Order of Architects Morocco convened its annual General Assembly in Casablanca, drawing a significant turnout of more than 500 architects from all corners of Morocco. The event was attended by the presidents and elected representatives of all thirteen Regional Councils of the Order, marking a vital moment for collective reflection and strategic dialogue within the profession.

Architects Hold Annual General Assembly in Casablanca, Gathers Over 500 Professionals to Discuss Future...

(3 Minutes Read) The National Council of the Order of Architects Morocco convened its annual General Assembly in Casablanca, drawing a significant turnout of more...
Morocco Gaming Expo A Big Draw for Techies and Ordinary People Alike

Morocco Gaming Expo A Big Draw for Techies and Ordinary People Alike

(3 Minutes Read) More than 100 companies from Morocco and other countries, including France, Japan, South Korea, and the United States, are participating to showcase...
In southeastern Morocco, in the town of Taznakht, the Aguiness rug cooperative produces Ouaouzguit rugs in an all-female workplace, which, apart from a source of income, is a cultural identity. This has been the occupation for women in the region for a long time.

Rug Making in Morocco Enlivened by Women Goes Beyond an Avocation: A Cultural Identity

(3 Minutes Read) The traditional craft uses natural colours. The women in Taznakht wash the wool, spin it, before dying it with colours extracted from...
The European Union Migration Commissioner, Magnus Brunner, said that the EU would take a firm approach with Libyan authorities, following a rise in illegal migration across the Mediterranean. 

EU to Take up Migration Issue with Libya

(3 Minutes Read) In the first two months of 2025, the Central Mediterranean route, linking North Africa to Europe, saw a 48% increase in illegal border crossings...
Oman's Foreign Minister joined his Egyptian counterpart in Cairo recently for meetings about regional tensions following the 12-day Israel-Iran war. Badr bin Hamad al-Busaidi called on Washington and Tehran to stabilise the ceasefire and return to the negotiating table.

Oman and Egypt Urge Washington and Tehran to De-escalate Tensions

(3 Minutes Read) The two ministers also discussed the ongoing conflict in Gaza and assessed that the situation is extremely complex. The Israeli side, they...
A central topic of the discussions was NOC's plan to raise oil production by an additional 247,000 barrels per day. This ambitious target is projected to generate approximately $6 billion in new annual revenue. Such an increase would not only bolster the national economy but also enhance the Central Bank’s capacity to supply foreign exchange, stabilise the Libyan dinar, and promote broader economic equilibrium.

Central Bank of Libya and National Oil Corporation Forge Strategic Alliance to Boost Oil...

(3 Minutes Read) In a pivotal meeting underscoring Libya’s push for economic revitalization, the Governor of the Central Bank of Libya (CBL), Naji Issa, convened...
Central Bank of Libya

Libyan Government Reinstates Banking-Only Import Rule to Curb Black Market and Inflation

(3 Minutes Read) The Tripoli-based Libyan Ministry of Economy and Trade has instructed the Libyan Customs Authority to begin enforcing Decree No. 42 of 2025,...
Egypt’s House of Representatives has approved a revision to the state budget for the 2024-25 fiscal year, adding EGP 85 billion to cover increased interest expenses.

Egypt Provides Budgetary Allocation for Increased Interest Payment

(3 Minutes Read) During the fiscal year, interest rates on public debt instruments rose to unprecedented levels, prompting the government to borrow at higher rates,...

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