Still Short of USD:Egypt’s Booming Foreign Currency Black Market

Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]

Promoting peace, stability in MENA region discussed by Moroccan and Saudi Foreign Ministers

Ways to promote peace and stability in the MENA region were at the focus of phone talks between Moroccan and Saudi Foreign Ministers, Nasser Bourita and Prince Faisal bin Farhan bin Abdullah. The talks, held Friday, also covered ways to deepen bilateral ties in various fields, as well as latest regional and international developments of […]

U.S. CONGRESSMAN LANCE GOODEN JOINS LAWMAKERS SUPPORTING DESIGNATION OF POLISARIO TERRORIST ORGANIZATION

U.S. republican congressman Lance Gooden has joined the list of lawmakers supporting the labelling of Algeria-backed Polisario group a terrorist organization, seeking to destabilize Morocco, strategic ally and long-standing partner of the United States. A bipartisan legislation was introduced in June 2025 in the U.S. Congress to designate Polisario a Foreign Terrorist Organization (FTO). The […]