Egypt, Morocco & Tunisia among top ten investment destinations in Africa, Syria’s electricity production is increasing, and Greece drops to 86th place of the global competitiveness index.
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Morocco invests in renewable energy, Egypt’s economic expectations from IMF funding and Greek debt yields attract investors.
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For the majority of people in the developed world, having access to the internet means to be able to work, be informed and contact friends and relatives.
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New government’s plans to revive the Tunisian economy announced, Algeria: measures to ease financial pressure and tourists’ expenditures lower in Greece vs Spain and Cyprus.
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Turkey’s growth forecasts revised up, France’s plans to support entrepreneurship and new investment in Morocco’s automotive industry.
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Tourism boost for Greece, Bank of Israel keeps interest rates unchanged and Turkish economic confidence index reaches 5-year high.
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Fitch upgrades Greece’s credit rating, Tunisia’s tourism revenues rise and a new industrial zone is coming to life in Egypt.
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As we are already in the last month of summer and many of our readers are likely charging their batteries in one of the Mediterranean’s beauty spots, let’s have a look at how tourism has evolved in the region in the last 20 years.
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Greece’s part-time employment share doubles in a decade, Italy gets financial support to protect Libya’s borders and Seine-Saint-Denis, the big winner of the Paris Olympics.
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Universal access to electricity is a key indicator of inclusive development. Many countries around the world still lack widespread access to electricity, lowering the quality of life of (predominantly) remote rural communities and acting as a serious impediment to economic and social advances.
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Greece returns to the bond markets, will Macron succeed to reform the labour law and Libya’s PM and military strongman agree to elections and ceasefire.
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New wave of public sector dismissals in Turkey, Macron calls for local governments cuts, Greek property market still unattractive for foreign investors and EU restricts sales of inflatable boats to Libya.
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Empowering women and girls is a key objective if Mediterranean countries are to reach their economic potential, as well as create vibrant, equitable societies. In a series of posts, we will examine how far Med countries have come in achieving this objective – starting by looking at female participation in primary education.
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Inflation in Egypt expected to climb even higher, France continues push to attract London banks and is Israel’s housing market cooling off?
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Egypt’s central bank shocks market with interest rate hike, European Parliament passes resolution calling on the Commission and member states to suspend accession talks with Turkey and FT takes close look at how Greeks cope with never ending crisis.
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"Mega campus” for tech startups opens in Paris, Israel’s spy agency launches investment fund for tech startups and Italy’s bank crisis finds respite.
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The Mediterranean has been shaped by trade since ancient times, and remains a vibrant economic space today. The overall value of Mediterranean exports to the rest of the world is about US$1.2 trillion.
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Macron secures majority -French markets respond with gains, Italy hosts G7 transportation meeting and Egypt declares 3-month extension to state of emergency.
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A deal for Greece, IMF concludes euro area consultation - issues warning to several Med countries and Lebanon to hold May 2018 elections.
European Commission VP stresses need for loans to Greece ahead of finance ministers meeting, Maltese Prime Minister wins second term off strength of economy and Slovenia will not proceed with sale of country's largest bank.
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