Egypt announced a plan for the issuance of treasury bills and bonds worth 181.5 billion Egyptian pounds, but experts say the government should slash outlays and increase public revenues through a raft of measures to ease the country's budgetary woes.
Saudi Energy Minister Khalid Falih announced that his country resumed oil exports via the Bab el-Mandeb Strait, amid Egyptian fears that a decrease in traffic in the popular shipping corridor could impact Suez Canal revenues.
Farmers in Egypt were appalled by the government’s decision to start importing rice and limiting the areas allocated for rice cultivation as part of its strategy to contain the water crisis. Despite the Government's claim that this will break the rice market monopoly, farmers say they are the ones most affected.
The National Institute of Statistics, a government agency in Tunisia has revealed that the country's export to import rose to 72%. According to the Institute the deficit in trade amounted to at least $2.6 billion.
Lebanon heads to general elections for the first time in nine years. This is the first elections to include the 82k expat voters, totaling the total registered voters at 3.6 million. This election also sees a new Electoral system in which voters will vote twice, once for coalitions and once for the candidate.