MENA: EU launches €10 program to fight foreign terrorism

The European Union (EU) has launched a new €10 million program called ‘Countering radicalization and Foreign Terrorist Fighters’ aimed at helping “partner countries to counter radicalization in the Maghreb countries and stem the flow of foreign fighters from North Africa, the Middle East and Western Balkans.” The announcement was made in a statement released by […]

2030 FIFA World Cup: Morocco, Portugal, Spain sign letter of intent

Morocco, Portugal, and Spain have signed a letter of intent regarding their joint bid to host the 2030 FIFA World Cup, this Saturday, October 28, at the Mohammed VI Football Complex in Morocco. The three football federations of Morocco, Portugal, and Spain signed the letter of intent this Saturday, a crucial step in the candidacy […]

Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017

Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]