palmeraie

Algeria’s energy revenues to plunge by $10 bln deepening financial crisis

Algeria’s oil and gas revenues will be reduced by $10 bln to $23 billion as the country struggles with a surge in spending in a heavily subsidized economy. Algerian officials rang the alarm bell as to the deteriorating financial indicators as a result of dwindling energy revenues which represent more than 90% of exports. To […]

Tunisia: Runoff results, a plebiscite against corruption – PM Chahed

Tunisian Prime Minister Youssef Chahed welcomed the results of the Sunday runoff as a plebiscite against corruption, in reference to the defeat of media mogul Nabil Karoui formerly charged for money laundering and tax evasion. Around 72 per cent of the 7 million Tunisian voters Sunday picked independent candidate Kaïs Saïed as the country’s next […]

Spain renews resolve to bolster further its multi-faceted relations with Morocco

Spain’s Minister of Foreign Affairs, José Manuel Albares, has renewed his country’s determination to further develop its relations with Morocco in all areas. “Our objective is to continue to make progress in our economic relations, to strengthen cooperation in areas such as the fight against terrorism and the mafias that traffic in human beings, and […]