Feltman-Libya

Algeria reels under liquidity crisis as dinar crumbles

Queues in Algerian post offices of employees waiting to receive their salaries are getting longer as the country experiences a liquidity crisis combined with higher inflation that hit purchasing power of citizens. The cosmetic measures introduced by the government have not anticipated the cash crisis in the country where the banking system is one of […]

Tumultuous Times for Moroccan Government

Head of the government Saad Eddine El Otmani and his cabinet are facing a storm that may cause their ship to wreck if they do not act with decisiveness and diligence. After King Mohammed VI dismissed ministers from the PJD-led cabinet for delays affecting development projects in the country’s north, a new upheaval caused by […]

Egypt-KSA: Cairo to receive Riyadh assistance to ease economic suffocation

Saudi Arabia will invest around $ billion and offer oil assistance to Egypt in a bid to help al-Sissi’s country ease its economic uneasiness, reports say. The decision was made following the visit on Tuesday of the Saudi Prince and Minister of Defense Mohammed bin Salman in Egyptian capital Cairo. Saudi news agency quoting the […]