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Keywords: Economic reforms


Belgium's Looming Strike: A Potential Air Travel Crisis Unveiled

A nationwide strike in Belgium looms large, casting a shadow of uncertainty over air travel plans for the upcoming October 1st. The impending industrial action threatens to disrupt flights and cause significant inconvenience to travelers. The strike, organized by the country's largest labor union,......

Morocco's Foreign Investment Surge: A Promising Economic Turnaround

Morocco's economy has witnessed a remarkable surge in foreign investment, with a significant 46.8% increase recorded in 2024. This impressive growth has positioned the country as an attractive destination for international investors, solidifying its status as a key player in the global investment......

Moroccan Government Engages with OECD Secretary-General to Enhance Economic Collaboration

In a significant diplomatic engagement, the Head of the Moroccan Government, Aziz Akhannouch, recently met with the Secretary-General of the Organization for Economic Co-operation and Development (OECD), Mathias Cormann, to address pressing global economic concerns. The meeting, held in Rabat, underscores......

Abdelmadjid Tebboune Secures Second Term as Algeria's President Amid Reforms and Challenges

In a landmark decision reflecting the will of the Algerian people, incumbent President Abdelmadjid Tebboune has emerged victorious in the recent presidential elections, securing a second term in office. The elections, held on April 10, 2024, saw Tebboune receive an overwhelming majority of the votes,......

Morocco's Economic Ascent: Navigating Reforms for Future Growth

Morocco is charting a promising path toward growth and stability, propelled by strategic reforms and key sectors such as automotive and tourism, according to a recent report by Geopolitical Intelligence Services (GIS). These efforts, alongside hosting the 2030 World Cup, are set to enhance Morocco's......

World Bank Strengthens Maghreb Ties: New Regional Director Takes Helm in Morocco

The World Bank has reinforced its commitment to fostering economic growth and development in the Maghreb region with the appointment of Ahmadou Moustapha Ndiaye as the new Regional Director for the Maghreb and Malta. This strategic move signals an intensified focus on supporting economic reforms and......

Egypt Amplifies Household Electricity Costs by 50% Amid Economic Reforms

Egypt has implemented a significant increase in electricity prices for households, with rates soaring up to 50%, according to government sources. This move is part of a broader strategy to phase out subsidies, aligning with an agreement with the International Monetary Fund (IMF). The electricity ministry......

Chaos Erupts in Buenos Aires as Senate Narrowly Backs Milei's Contentious Reforms

The streets of Buenos Aires erupted into chaos as Argentina's Senate narrowly approved President Javier Milei's controversial economic reform package. The vote took place amidst violent clashes between protesters and riot police outside Congress. Demonstrators, who argue that the measures will......

Morocco Implements Sweeping Changes to Liberalize Foreign Exchange Rules and Stimulate Business Growth

Rabat - In a significant move, the Moroccan government has enacted comprehensive reforms aimed at removing constraints on foreign exchange transactions and enhancing the efficiency of international business operations. Effective from January 2nd, the new General Instruction on Foreign Exchange Operations......

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