Morocco, Mauritania set to bolster economic ties

Morocco and Mauritania are willing to build on the current momentum to further bolster their economic ties, Foreign Ministers of the two countries said. Morocco is determined to work together with Mauritania to foster economic ties to reflect the excellence of bilateral cooperation, Foreign Minister Nasser Bourita said following talks with his Mauritanian peer Ismaël […]

Egypt to reinforce security cooperation with Ethiopia’s neighbors

Egypt, Somalia, and Eritrea agreed to foster their security cooperation ties, amid worsening ties between Cairo and Addis Ababa. The alliance leaves Ethiopia further isolated as Egypt and Eritrea agree to help Somali army confront terrorist groups. Ethiopia has been at loggerheads with Somalia which accuses it of backing separatists in Somaliland. As landlocked Ethiopia […]

Morocco’s spending on subsidies halved by April

Morocco’s spending on subsidies of basic consumer goods dropped to 2.2 billion dirhams by April, from 5 billion dirhams the same period last year. The drop in subsidies bill was mainly ascribed to the 68% decrease in the cost of butane gas as well as sugar prices. Morocco also subsidies flour. Therefore, it is expected […]