Tunisia on Verge of Bankruptcy as IMF Freezes Loan

The International Monetary Fund has postponed the second tranche of a loan worth $350 million to Tunisia because of a lack of progress in reforms covering public sector wage bill, the public finances and state banks. The IMF urged the acceleration of reforms for Tunisia to be eligible to receive the second and third tranches […]

Morocco seeks to tap into planes’ storage & recycling business

Morocco is planning to set up an aircraft boneyard near the Oujda Angad airport, oriental region of the Kingdom. This project has been unveiled by Morocco’s National Airports Office (ONDA) which has called for international tenders to build and operate a centre for the storage, disassembly and recycling of retired airplanes. In its first phase, […]

Palestine: UN imputes alarming infant mortality rise in Gaza to blockade

The UN agency for Palestinian refugees in Gaza (UNRWA) rang the alarm over the weekend as its new study on the 2013 infant mortality rate in Gaza showed a surge in the number of death of babies under the age of one for the first time in more than half a century. The UN agency’s […]