Ecomnews Med The Mediterranean News on Economy

• #EGYPT
• #Development
• #EconomicAnalysis
• #Economy

In its 2023 annual report, the Egyptian Ministry for International Cooperation, which coordinates and oversees all national agencies that receive foreign funding, reports amounts that have increased sharply in recent years: 13.7 billion USD in development aid to Egypt in 2022 compared to 10.3 and 9.9 billion USD in 2021 and 2020.

• #PALESTINE
• #Government
• #Job

The Palestinian Ministry of Labor in the Gaza Strip said on April 30 that 250,000 workers were unemployed in the Strip due to the ongoing Israeli blockade since 2007.

• #Africa
• #Economy
• #Migrants
• #Spain

La migración irregular desde el norte de África a España descendió un 36,9% en los cuatro primeros meses de este año, en comparación con el mismo periodo del año anterior. Así se desprende de los datos publicados el 3 de mayo por el Ministerio del Interior español.

• #EGYPT
• #Economy
• #Finance
• #Gouvernement

The reassuring remarks of the Egyptian Prime Minister come after the concerns of the markets, raised by two recent alarming reports from the rating agencies Moody's Investors Service and S&P Global Ratings on the situation of the country's public finances.

• #PALESTINE
• #Employment
• #IMF

Over the past two decades, the Palestinian economy has not created enough jobs to absorb new entrants to the labor market. This even as labor force participation rates remained among the lowest in the world for women (19%).

• #JORDAN
• #EconomicAnalysis
• #Economy

The situation of the Jordanian labor market is degraded, characterized by massive unemployment which reached a record level, around 25%, during the pandemic whose impacts on the country remain profound.

• #EGYPT
• #CanalDeSuez
• #EconomicAnalysis
• #Economy

The artificial canal linking the Mediterranean to the Red Sea handles more than 10% of world maritime trade, and represents one of the country's main sources of foreign currency.

• #LEBANON
• #CRISIS
• #Energy
• #RenewableEnergy

Lebanon has a high potential for renewable energies, thanks to its high rate of sunshine of 300 days a year, its strong winds and its water resources in the mountains. However, its energy mix remains composed of 95% oil and the installed capacity of renewable energies is almost zero, apart from a few aging hydroelectric infrastructures.

• #MOROCCO
• #Rabat
• #Chemistry
• #Industry

Organized by the Federation of Chemistry and Parachemistry of Morocco, in partnership with the Ministry of Industry and Trade of the Kingdom as well as the Moroccan Agency for the Development of Investments and Exports (AMDIE), the 1st edition of the Forum International Chemistry, will take place on May 17 and 18 in Rabat