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IMF approves release of $820 million for Egypt and calls for reforms

IMF approves release of $820 million for Egypt and calls for reforms

The International Monetary Fund (IMF) has approved the release of $820 million for Egypt, welcoming the country’s efforts to restore macroeconomic stability. Egypt says it has shifted to a flexible exchange rate regime, a policy the IMF said on Monday remains a cornerstone of the authorities’ program. “Inflationary pressures are …

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Moroccan King orders release of three jailed journalists

Moroccan King orders release of three jailed journalists

Morocco’s King Mohammed VI has ordered on Monday the release of jailed journalists Taoufik Bouachrine, Omar Radi and Soulaimane Raisouni, local media reported. The release is part of a pardon granted to 2,476 convicts, a government source said. “This is a humane gesture on the 25th anniversary of king’s reign, …

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At least three armed terrorists killed in northern Algeria

At least three armed terrorists killed in northern Algeria

The Algerian army has killed three armed “terrorists” during a military operation in northern Algeria, the Algerian Ministry of Defense announced in a statement on Sunday, July 28. “As part of the fight against terrorism, a detachment of the army yesterday (Saturday) killed three dangerous terrorists, namely the terrorist Debar …

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