The Egyptian pound weakened to a new record low against the US dollar on Thursday, extending its losses to 6.4 percent since the central bank introduced a new system of foreign currency auctions to curb a decline in foreign reserves. This came hours after Qatar announced that it is willing to pump in more money […]
After Bosch, Huawei, 3M et Decathlon, Emirates Logistics Group has teamed up with Adidas AG, the German sports clothing manufacturer, to open a 13,000 m3 logistics hub in Morocco’s Northern Tanger Med port. The warehousing and distribution center will handle around 5 million Adidas products destined for North and West Africa markets. For Abdelkader Amara, […]
Amnesty International has denounced the lack of freedom of expression, peaceful assembly and association in Algeria, deploring the arbitrary arrest and detention of journalists and activists. In its annual review of the situation of Human rights in the MENA region, AI said the Algerian authorities maintained a de facto ban on protests in the capital, […]
