Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Economics
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Egypt
Egypt's central bank reports current account deficit surges
Egypt's current account deficit surged to $5.9 billion in the July-September 2024 quarter, from $2.8 billion
Algeria
France to decide response to Algeria 'hostility' as tensions mount
According to France Foreign Minister Jean-Noel Barrot, President Macron and key members of the government will meet in the coming
Libya
Libyan agency demands freeze on public sector hiring as wage bill soars
The Libyan Administrative Control Authority (ACA) has urged a halt to public sector hiring and contracts amid surging wage costs.
Egypt
CBE: Egypt’s foreign trade surpasses $104.7bn
According to the Central Bank of Egypt, foreign trade reached approximately $104.7bn in the fiscal year 2023/2024. This
Mauritania
Mauritania signs $27 million agreement with US to boost power sector
Mauritania and the United States have formalized a $27 million agreement to enhance Mauritania's power sector, according to
Morocco
Moroccan banking sector forecasts $2.2 billion profit by 2026
According to Attijari Global Research’s (AGR) January report Morocco’s banking sector has posted a 13.2% increase in
Morocco
Morocco’s GDP set to grow 3.2% in 2025
According to a United Nations report earlier this week Morocco's GDP is expected to grow by 3.2%
Ethiopia
Ethiopia opens stock exchange in drive for investors
Ethiopian Prime Minister Abiy Ahmed inaugurated the nation's first stock exchange in five decades on Friday, signaling a
Egypt
Egyptian inflation hits two-year low signaling possible rate cut
Egypt's inflation dropped to its lowest in two years, potentially paving the way for the first interest-rate cut
Egypt
EU parliament chief on Egypt visit for talks on financial assistance, Middle East geopolitics
Roberta Metsola, President of the European Parliament, is visiting Egypt for high-level discussions aimed at further strengthening relations between the
Tunisia
Tunisia’s inflation eases to 7% in 2024
According to the consumer price index released by the National Institute of Statistics (INS), Tunisia registered inflation of 7% in
Egypt
Egypt completes successful trial of Suez Canal extension
Egyptian authorities announced the successful passage of two ships through a newly constructed 10-kilometer extension of the Suez Canal, according