State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]
Morocco and the US are projecting power in favor of regional peace and stability, sending a strong deterrence message to the sponsors of terrorism and separatism in North Africa and the wider Sahel. As the mighty aircraft carrier USS Harry S. Truman docks off Al Hoceima in Morocco’s Mediterranean waters, two B-52 Stratofortress strategic bombers […]
South Korean airlines operated last Friday two charter flights to Cairo International Airport following several years of suspension. The first flight, operated by Asiana Airlines, came from Seoul with 295 passengers onboard, while the second flight was operated by Korean Air, Egypt Today reported. In November, South Korea’s Ambassador to Egypt Hong Jin Wook affirmed […]
