A major diplomatic shift unfolded during the weekend in the long-stalled Sahara dispute, as Algeria takes part in multilateral negotiations in Madrid after years of refusing to sit at the same table as Morocco. The move marks a watershed moment for a country that has long claimed an observer status, while keeping generous support to […]
Morocco’s central bank cut the key interest rate from 2% to 1.5% to shore up the economy and reduced the reserve requirement for banks to 0% to release more liquidity. The Bank revised downwards its forecasts for 2020 to -5.2%, the lowest rate since 1996, compared with 2.5% in 2019, as the coronavirus impact and […]
The UAE has sent two aircraft laden with medical supply to Iran, hard hit by the Coronavirus disease, which has affected 16,169 persons and killed 988, according to Tuesday tally. The shipped 32 metric tons of supplies, include thousands of pairs of gloves, surgical masks, and protective equipment. It is the second shipment to Iran, […]
