Egypt could learn a thing or two from Morocco’s (successful) experience with combating poverty: In 1984, Morocco was in the midst of an economic crisis, complete with a budget deficit, dwindling foreign reserves, and a weak currency, but managed to turn the situation around by correctly managing its resources and relying on sustainable development, Hany El Salamouny writes in a column penned for Al Masry Al Youm.
More from Enterprise
Israel’s Arkia Airlines moves flights to Egypt’s Taba to bypass wartime airspace restrictions
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…