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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......

Gaza Ceasefire Breakthrough: US, Qatar, and Egypt Unveil 'Bridging Proposal' Amid Rising Tensions

In a significant development in the ongoing Gaza conflict, the United States, Qatar, and Egypt have jointly announced a new "bridging proposal" aimed at swiftly implementing a ceasefire deal and securing the release of Israeli captives. This announcement comes at a critical juncture, as regional......

Tragic Assault: Global Reactions to Israeli Airstrike on Gaza School

An Israeli airstrike on a school repurposed as a shelter for displaced Palestinians in Gaza City has resulted in the deaths of over 100 individuals, including women and children. This tragic incident, according to Palestinian officials, is expected to see the death toll rise further. On Saturday, the......

Historic Victory: Morocco Claims Olympic Football Bronze

Atlas Lions Triumph Over Egypt in Paris 2024 In a remarkable achievement, Morocco has become the first Arab nation to secure a bronze medal in Olympic football. The Atlas Lions delivered an emphatic 6-0 win against Egypt in the third-place match held at Stade de la Beaujoire in Nantes, France. Despite......

Morocco's Central Bank Poised for Further Interest Rate Reductions in 2024

In a significant move that could reshape Morocco's economic landscape, Bank Al-Maghrib (BAM), the country's central bank, is expected to implement additional cuts to its policy rates during the latter half of 2024. This forecast, put forth by Fitch Solutions, suggests a continuation of the monetary......

Hamas Decries Netanyahu’s US Congress Address as 'Deceptive'

In a contentious speech to the US Congress, Israeli Prime Minister Benjamin Netanyahu vowed to persist in the war on Gaza, declaring, "we will win," yet he failed to outline specific strategies for concluding the conflict or securing the release of hostages. Hamas has vehemently criticized......

Sudan's Paramilitary Force Accepts US Invitation for Ceasefire Talks Amidst Humanitarian Crisis

In a significant development in the ongoing Sudanese conflict, the Rapid Support Forces (RSF) have agreed to participate in US-mediated ceasefire negotiations. The talks, scheduled for August 14 in Switzerland, aim to halt the devastating civil war that has gripped Sudan since April 2023. Mohammed Hamdan......

Humanitarian Crisis Escalates in Gaza as Aid Organizations Sound Alarm on Access Barriers

In a compelling joint statement released Monday, a coalition of 13 prominent non-governmental organizations (NGOs) has brought to light the increasingly dire situation in Gaza, where access for humanitarian groups has become a formidable challenge amidst ongoing military operations. The consortium,......

Morocco's Fertilizer Exports to Brazil Surge, Securing Third Place in Global Market

Morocco's fertilizer exports to Brazil have experienced an unprecedented rise, catapulting the country to the position of the third largest supplier in June 2023. According to data from the Brazilian statistics agency, as reported by RIA Novosti, Morocco's exports surged by 2.3 times compared......