Libya Ties a Company’s Access to Dollars to the Tax It Has Actually Paid
Libya hard currency access is now set by formula: 30 times a company's average income tax plus 10 times its...
August 21, 2026Topic
North Africa
Egyptians Abroad Sent Home a Record US$47.3 Billion in a Single Year
Egypt remittances reached a record US$47.3bn in the year to June 2026, up 29.6%, as the diaspora moved transfers back...
August 21, 2026
Egypt Sets New Rules for Short Selling on the EGX Stock Exchange
Short selling on the EGX has a new rulebook: Egypt's regulator set 150% cover, a 40% free-float ceiling and an...
August 20, 2026
Egypt’s El Gouna Film Festival Names Ten Films, Led by Berlin’s Golden Bear
El Gouna Film Festival named the first ten titles of its ninth edition, running 15-23 October on Egypt's Red Sea...
August 20, 2026
Morgan Stanley Bets Bigger on Morocco as Factory Exports Jump
Morgan Stanley Morocco exposure is rising as the country's factory exports climb. Cars and aerospace now outsell phosphates, its traditional...
August 20, 2026
First Abu Dhabi Bank Misr Posts Strong Profit Growth in Egypt
FABMisr profit growth: First Abu Dhabi Bank Misr's Egypt unit posted EGP 15.8 billion (about US$330 million) net profit in...
August 18, 2026
Tunisia’s Grain Harvest Rebounds as Dams Refill
Tunisia's 2025 cereal harvest came in 18 percent above the five-year average and dams are near 60 percent full, but...
August 17, 2026
Egypt’s US$8bn IMF Programme Ends 15 December
Egypt's US$8 billion IMF programme expires on 15 December 2026 after a seventh review that released about US$1.8 billion.
August 17, 2026
Türkiye Says It Expects Egypt to Join the Makkah Joint Defence Agreement
The Makkah Joint Defence Agreement binds Türkiye, Saudi Arabia and Pakistan to mutual defence. Ankara wants Cairo in; Cairo says...
August 16, 2026