Habib-Adly

Algeria: government bond investments

Algeria’s finance Minister, Karim Djoudi, has precised that the country will not be buying shares in foreign companies overseas to increase its foreign exchange reserves. He firmly said that “this choice is not part of our policy of foreign exchange reserve management,” reiterating its strategic choice to invest in government bonds, although with modest yield […]

Sultan of Oman wishes King Mohammed VI speedy recovery

The leaders of several countries continue to convey their wishes of speedy recovery to King Mohammed VI following the heart surgery he underwent on June 14. In this vein, King Mohammed VI received a phone call from Sultan of Oman Haitham Bin Tariq Bin Taimur, the Moroccan royal office said in a statement on Wednesday. […]

South Africa vows to use BRICS chair role to advance African interests

South Africa will use its chairmanship of the BRICS group of leading emerging economies — comprising Brazil, Russia, India, China and South Africa — to focus on advancing African interests, the country’s President Cyril Ramaphosa has said. South Africa has just taken over the chairmanship of the BRICS — a bloc widely seen as an […]