North Africa Economics & Government News

Saudi Arabia’s KSrelief distributes more than 35 tons of food baskets in Yemen’s Marib

The countries that have benefited from most from KSrelief's work are Yemen, Palestine, Syria, and Somalia

Tunisian police clash with protesters after police beating

Hundreds of protesters burned wheels, blocked roads, and threw stones at the police, who followed the protesters and fired gas, witnesses added

financial services

Bank ABC acquires Blom Bank Egypt for $480mln -sources

The transaction included all physical and non-physical assets as well as customer accounts

economy

Morocco's economy to grow 4.6% in 2021 –planning agency

Lower tax revenues and higher subsidies to ease the impact of COVID-19 pushed Morocco's fiscal deficit to 7.4% in 2020

aviation

Egyptair to kick off flights to Qatar next week

Flights to be operated daily between Cairo, Doha

economy

Egypt says deficit shrank to 3.6% in sixth months to December

Maait said in November that Egypt aimed to reduce its budget deficit for the full 2020/21 fiscal year to 7.5% from 7.9% in 2019/20

transport

Egypt signs MOU with Siemens for $23bln high-speed train line

The electric rail line would run from Ain Sokhna on the Red Sea to New Alamein on the Mediterranean coast, passing through a new capital under construction in the desert east of Cairo

healthcare

COVID-19: Egypt has 996 new cases, 677 recoveries

The death toll reached 8,362 after detecting 58 new fatalities

real estate

Egypt housing market witnesses solid activity in 2020: JLL

Almost 2,500 units were completed in Cairo’s residential market in 2020

egypt

Ahmed Manna appointed Secretary-General of Egyptian parliament

The House of Representatives’ Bureau accepted the resignation of Mahmoud Fawzy from his post as Secretary-General, and thanked him for his efforts in organising the House’s first procedural session

North Africa MENA Edition

Egyptian banks' balances abroad surge to $20bln at December-end

Egypt Ventures leads $1mln funding round for life science startup Nawah

14.7% increase in health expenditures during H1 of FY 2020/21: Egyptian minister

Bank ABC acquires Blom Bank Egypt for $480mln -sources

Egypt housing market witnesses solid activity in 2020: JLL

COVID-19: Egypt has 996 new cases, 677 recoveries

Egyptair to kick off flights to Qatar next week

Most Read

Zawya Coverage

Saudi's National Commercial Bank eyes dollar sukuk

Saudi inflation to remain high until first half of 2021 - Capital Economics

Sunday Outlook: Data, lockdowns weigh on stocks and oil

Sharjah's budget airline Air Arabia to resume flights to Doha

Abu Dhabi on track to launch Murban futures trading in March

Insights

How the coronavirus crisis has shifted priorities for Arab cities

2021 to bring some measure of regional relief

Tunisia’s new democracy has form but no depth

Latest News

Saudi Arabia’s KSrelief distributes more than 35 tons of food baskets in Yemen’s Marib

Tunisian police clash with protesters after police beating

Bank ABC acquires Blom Bank Egypt for $480mln -sources

Morocco's economy to grow 4.6% in 2021 –planning agency

Egyptair to kick off flights to Qatar next week

Egypt says deficit shrank to 3.6% in sixth months to December

Egypt signs MOU with Siemens for $23bln high-speed train line

COVID-19: Egypt has 996 new cases, 677 recoveries

Egypt housing market witnesses solid activity in 2020: JLL

Ahmed Manna appointed Secretary-General of Egyptian parliament

Multimedia

GalleryEthiopians cross into Sudan to flee fighting

GalleryThousands flee fighting in Ethiopia, cross border to Sudan

GalleryEditor’s Choice: July 30, 2020

VideoEgypt's new capital city faces delays ahead of move

GalleryEgypt’s first Color Run in Giza