UN Secretary General’s personal envoy for the Sahara, Horst Köhler,

Moroccan economy, among most dynamic in MENA region, IMF says

The Moroccan economy has shown resilience in the face of the double impact of Covid-19 and drought last year and hence stands as one of the most dynamic in the region, Middle East and Central Asia Director at the IMF, Jihad Azour said. Speaking at a press briefing on the MENA region’s economic performance, Azour […]

On Algeria’s Manipulation of Separatists to Wage War on Moroccan Phosphates

A tanker loaded with phosphate rock cargos exported by Morocco’s state-owned phosphates company (OCP) to Canada was detained in Panama after the Algerian-sponsored Polisario front filed a complaint challenging the legality of the transaction. The vessel is the second held within a month after a New Zealand-bound ship loaded with 50,000 tons of OCP phosphates […]

Egypt: FRA reveals size of non-banking financing in July 2024

The Financial Regulatory Authority (FRA) reported a notable increase in non-banking financing across various sectors in July 2024. According to the latest figures, the number of consumers benefiting from consumer finance rose to 2.127 million in July 2024, up from 1.986 million in July 2023. The total volume of outstanding loans for micro, small, and […]