Morocco’s permanent representative to the UN, Ambassador Omar Hilal underscored the tenets of Moroccan diplomatic action on top of which a steadfast attachment to multilateralism in line with the UN charter, uncompromising on the Kingdom’s territorial integrity and neighborliness with Algeria. Speaking at a lengthy and detailed interview with Jeune Afrique, Ambassador Hilale reiterated Morocco’s […]
Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]
Egypt and Saudi Arabia signed Sunday two deals for industrial cooperation covering non-oil exports and auto industry, Ahram Online reports. The first Memorandum of understanding (MoU) involved the export authorities of both countries to boost cooperation on non-oil exports. The second deal is signed between Saudi National Industrial Development Centre and Egyptian consumer finance company […]
