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European Commissioner Pierre Moscovici Hails Adoption of EU-Morocco Farm Deal
European Commissioner for Economic and Financial Affairs Pierre Moscovici has commended the adoption by the European Parliament (EP) by a large majority of the EU-Morocco agricultural agreement which opens a new chapter in the strategic partnership set between Rabat and Brussels. “The EP vote is a culmination of more than two years of intense and […]
Algeria slashes spending by 50% due to drop in oil earnings & Coronavirus impact
The Algerian economic model, which is depending heavily on oil & gas revenues, is seemingly crumbling. The new financial realities have shown that its former decade’s high spending is no longer possible with the rapidly depleting state coffers and widening deficit. Hit hard by a sharp drop in oil prices on the international and the […]
Egypt : Controversial license nears implementation
Before the end of the year, telecommunication operators in Egypt will begin to dedicate 6% of fixed-line operator Telecom Egypt’s (TE) revenues from mobile services to the National Telecommunications Regulatory Authority (NTRA). The services are expected to be launched before the end of the year. The decision was revealed by Hisham El-Alayleyi, head of the […]



