Egypt's central bank has maintained interest rates at a historic high for the second consecutive meeting, aiming to sustain the slowdown in inflation following a significant currency devaluation, Bloomberg reports.
On Thursday, the Monetary Policy Committee announced that the benchmark deposit rate would remain at 27.25%, and the lending rate at 28.25%.
This cautious stance persists despite a fourth consecutive month of declining inflation in the North African nation as of June.
Lawyers for Abir Moussi, leader of Tunisia’s Free Constitutional Party, have launched an appeal against charges that could lead
Russia is strengthening ties with eastern Libyan warlord General Haftar to disrupt European energy supplies and expand its influence in
France expressed growing alarm Friday over the detention of French-Algerian writer Boualem Sansal in Algeria. The 75-year-old novelist, a vocal
A new report published by the UN Sanctions Monitoring Team for Somalia warns, that the Islamic State’s Somali branch,
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