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Washington Hits Algerian Steel Rebar With Countervailing Duties, Dealing Hard Blow to Ruling Junta
The U.S. Department of Commerce has ordered 72.94 % countervailing duty (CVD) against imports of steel concrete reinforcing bar from Algeria. The new tariffs are enforced as of July 6, 2026, alongside the triple-digit antidumping duties issued earlier this year. The new CVD decision, published in the U.S. Federal Register, comes after the investigations initiated […]
Central banks of Egypt, UAE ink bilateral currency swap Agreement
The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]
Morocco Wins New Friends at AU-EU Summit
Morocco has adopted a pro-active diplomacy that breaks away with the empty chair policy, which left the country outside AU institutions since 1984. Almost one year after its triumphal return to the African Union, Morocco made diplomatic headways thanks to an African Policy that continues to turn former African adversaries into friends. The talks held […]



