Tetouan Joins UNESCO’s Creative Cities Network

The northern Moroccan pearl, Tetouan, has been designated as a UNESCO Creative city for Crafts and Fold Art, joining a network of 64 cities from 44 countries. This designation by UNESCO Director General Irina Bokova will enable the Moroccan city to be part of a Network at the front-line of UNESCO’s efforts to foster innovation […]

World Bank: Algeria’s Political Uncertainty Affects Economic Performance

As Algerians of all walks of life continue to protest against the military Generals and old guards for keeping a tight grip on the country since independence, all economic sectors of the country are plummeting, heading for a crash. This is the conclusion of the World Bank, which says that deepening political crisis affects business […]

Libya: Major crisis at the head of the Central Bank causes the dinar to fall against the dollar

The political deadlock in Libya continues, with the country facing a major crisis following the Libyan Presidential Council’s decision to dismiss Central Bank Governor Al-Siddik al-Kabir over a month ago. The Council’s move to appoint a new Governor and Management Committee has intensified divisions within the country, as this authority lies with Parliament and the […]