Mena Economic and financial news

  • UfM backing to promote inter-Maghreb trade
    The Maghreb Initiative on Trade and Investment (IMCI) was officially launched on the occasion of the Third Maghreb Entrepreneurs Forum.
  • Lebanon: new twinning project tackles public finance reforms
    A twinning project on the reform of public finance has been officially launched today in Lebanon.
  • 02/21/2014

    Unemployment figures in the Arab world rose 16 per cent last year reaching 20 million, the Director-General of the Arab Labour Organisation Ahmed Luqman said.

     "The number of unemployed individuals in the Arab world is currently 20 million, 16 per cent more than last year, which represents a risk to Arab social stability," Luqman said in a press statement before leaving Cairo on Thursday.

    Luqman was on his way to Riyadh to attend the Second Arab Forum on Development and Employment titled "Towards Social Protection and Sustainable Development", due to be held next week.

  • 02/12/2014
    Eight out of 10 young people in the MENA region are optimistic about their prospects in the coming year, although 45% of employed young people are not doing the work they would like to do.
  • 02/10/2014
    A short term focus on political and security concerns has stood in the way of the structural reforms needed for growth and stability.
  • 02/10/2014

    Following two first preliminary events where the concept was first tested and then elaborated, BIPA and the UNDP will hold a two-day MENAPAR conference on “developing a research agenda for public management in the MENA.” A call for contributions has been developed and seeks your participation in the conference through an extended abstract. A presentation will be requested upon acceptance of your submission.

  • 01/16/2014
    • The World Bank estimates that growth in 2013 will be around 2.6 %*, and will progressively rise to 3.0 % in 2014 and 4.1 % in 2015, figures well below the country’s potential.
    • The most pressing challenge for Tunisia today is to accelerate reforms that can spur economic growth.
    • In 2014 and in the future, Tunisia faces a difficult economic outlook due to limited flexibility in expansionary policies; but if conditions are put in place for the private sector, it could play an important role in accelerating growth which has the potential to benefit the whole country.
  • 01/22/2014

    The International Institute of Administrative Sciences (IIAS), in collaboration with the University Al Akhawayn, The Ministry of Interior and ENA Morocco, is glad to announce that the 2014 International Congress of IIAS will take place in Ifrane, Morocco from 13 to 17 June.

  • 12/31/2013

    A new business guide has been launched by Jordanian ICT group, Intaj, shining light on all available investment support programmes, national employment programmes, key corporate services and growth accelerators, which will facilitate entrepreneurship and the maturity of existing businesses. The guide will provide ICT companies with the requirements and guidelines in registering, starting and operating a business in the ICT division in Jordan.

  • 04/16/2012

    It has been a difficult year for businesses in the Maghreb countries of North Africa, including Tunisia and Morocco. Unrest and fallout from the European debt crisis have put a damper on growth and worsened long-standing economic problems like youth unemployment. To help address those challenges, IFC is stepping up both its investments and advisory service work with the aim of boosting investor confidence and creating job opportunities. In Tunisia, for example, IFC plans to double its portfolio to $500 million within the next 18 months.