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UN Chief castigates Algeria for its role in perpetuating Sahara conflict

In a report covering a decade of the UN action in the Sahara, UN Secretary General Antonio Guterres deplored the destructive role played by Algeria in blocking a political solution to the over four-decade conflict. The report points out to the multiple efforts led by successive UN envoys citing the roundtables held in December 2018 […]

Tunisia tries dissidents on charges of conspiracy against state

Tunisia began a trial against 40 high-profile defendants on the charge of conspiring against state security. The trial involves former diplomats, politicians, and journalist amid protests at the President’s use of the judiciary to silence dissidents. Protests have erupted in Tunis calling the trial “fabricated” and denouncing the “authoritarian” rule of president Kais Saied. The […]

Impaired loans weigh on banks profitability in 2020

Moroccan banks’ impaired loans ratio surged to 8.6% to stand at a record 80 billion dirhams undermining Bank’s profits in 2020, the central bank said in its latest report. The rise of bad loans takes place at a context marked by the impact of the pandemic on economic activity in general and bank loans in […]