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EU imports of South African coal surge eight-fold, replacing Russian fossil fuels
South Africa’s coal sales to Europe rose eight-fold during the first six months of 2022 compared with last year as demand for the fossil fuel surged ahead of a ban on Russian coal, according to Thungela Resources, a South Africa-based thermal coal exporter. The European Union banned Russian coal imports in response to the invasion […]
Egypt: US insists Cairo cut all ties with Pyongyang
Washington, which already froze military assistance package to Egypt over its intriguing relations with Pyongyang, has reiterated its demand to Cairo to curtail all ties with its historical North Korean ally. London-based The New Arab revealed that diplomatic sources familiar with ties between Egypt and the US pointed out that Washington requested that Cairo closes […]
Robust remittances from Moroccans abroad offset tourism losses
The restrictive measures to contain the Covid-19 pandemic have dealt a blow to the inflow of hard currency from the tourism business in Morocco that has been offset so far by a surge in remittances from Moroccans abroad. In the first ten months this year Morocco’s foreign exchange regulator has reported a record 80 billion […]



