EU Disburses €1bn Second-Phase Macro-Financial Support to Egypt Following Reforms

Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]

King Mohammed VI Paves Institutional Way for Morocco’s Return to AU

King Mohammed VI chaired a Ministerial Council in Marrakech on Tuesday during which the constitutive act of the African Union was adopted as well as its additional protocol thus paving the way for Morocco’s return to the pan-African organization. Following the Council, spokesperson for the Royal Palace Abdelhak Lamrini said that the adoption of these […]

Sahara: Honduras Joins Countries Withdrawing Recognition of So-Called “SADR”

Honduras has decided to suspend its recognition of self-proclaimed “SADR”, dealing another blow to the Algerian regime and its Polisario proxy separatist group as the UN Security Council is preparing to hold meetings on the Sahara. In a letter sent Wednesday to Moroccan FM Nasser Bourita, Honduras top diplomat described the move as a “sovereign […]