Morocco’s foreign minister Nasser Bourita said it is high time the EU updated its neighborhood policy by focusing more on solidarity and more reforms for more aid. “The Morocco-EU partnership is doing better. It is more responsive, more pragmatic and in tune with the challenges of the moment,” he said. “King Mohammed VI ensures the […]
Algeria’s foreign exchange reserves dwindled by $8.72 billion to $88.61 billion in June 2018, the Algerian news agency APS said. The rise in oil prices has not helped Algeria reduce the pace of its dwindling reserves, which dropped from $114.1 billion in 2016 and from $178 billion in 2014. Analysts say that even with oil […]
Italy’s defense ministry and defense industry giant Leonardo-Finmeccanica signed this week an agreement to set up a military helicopters manufacturing plant near Setif in eastern Algeria. The factory will produce multipurpose light and medium Augusta West Helicopters that are used for transport, evacuation operations and surveillance, the Italian defense ministry said in a statement. The […]
