au commission chair

Arab Inter-Parliamentary Union renews support to Morocco’s sovereignty

The Arab Inter-Parliamentary Union reiterated, on Friday in Cairo, its support to Morocco’s sovereignty over its entire national territory. In a report authored by the Committee on Political Affairs and Parliamentary Relations, presented during the 32nd session of the Arab Inter-Parliamentary Union, held in Egypt, the Union stressed the principle of non-interference in the internal […]

Egypt seeks Israel’s aid to honor contracts

Partners in the Tamar gas field offshore Israel have concluded a letter of intent with Union Fenosa Gas SA (UFG) to supply it with gas for 15 years and a total gross sales quantity of up to 2.5 trillion cubic feet (Tcf) of natural gas, or approximately 440 million cubic feet per day over the […]

Rise of the ‘Renmimbi’ to the International Stage: A Win-Win Game for the Emerging Multi-Polar Global Economy

Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]