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Zawya
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- 1Egypt targets 5.2-5.4% growth next fiscal year▼ZAWYA: Egypt targets 5.2% to 5.4% economic growth next fiscal year, planning minister tells S&P
Egypt's planning minister has told S&P the government is targeting economic growth of 5.2% to 5.4% in the next fiscal year. The forecast, carried by Zawya, signals Cairo's confidence in accelerating expansion as it pursues economic reforms and seeks to reassure investors and rating agencies about the country's fiscal trajectory.
- 2Oman drafts national law to govern its space economy▼ZAWYA: Oman drafts national law for space economy
Oman has drafted a national law for the space economy, according to a report carried by Zawya. The legislation would establish a regulatory framework for space activities in the sultanate as it seeks to develop space-related industries and investment. Details of the draft's provisions and timetable have not yet been made public.
- 3Orange commits $28 million to AI startups in Egypt●ZAWYA: Orange allocates over $28mln to support AI startups in Egypt
French telecoms group Orange has allocated more than $28 million to support artificial intelligence startups in Egypt, according to Zawya. The funding is aimed at boosting Egypt's growing tech ecosystem and encouraging AI entrepreneurship in the country. The announcement is drawing attention from regional business and technology observers tracking investment in North African startups.
- 4
Oman's space sector has expanded by 136%, now comprising 26 companies, according to a report carried by Zawya. The figures point to rapid growth in the Gulf state's emerging space industry, part of wider efforts in the region to diversify economies and build domestic space capabilities.
- 5Egypt works to turn higher education into an export▼ZAWYA: Egypt turns higher education Into an export
Egypt is promoting its universities and higher education services abroad, aiming to sell education to international students much like a commercial export. The move, reported by Zawya, points to a strategy of attracting regional students and foreign currency revenue through academic programmes. Observers are discussing what the policy could mean for Egypt's economy and its standing as a regional education hub.
- 6Experts explain Nigerian banks' reserve requirements▼ZAWYA: Experts weigh in on why banks must keep percentage of customers’ deposits with Central Bank of Nigeria
Banking experts in Nigeria are explaining why commercial banks must keep a percentage of customers' deposits with the Central Bank of Nigeria. The discussion, reported by Zawya, focuses on the cash reserve requirement as a key monetary policy tool used to control liquidity, manage inflation and maintain stability in the country's banking system.