Tanger-Med-2

How Morocco shunned double digit inflation

Inflation which stood at 5% in 2022 could have soared to 10% had it not been for proactive measures taken by the government to protect the purchasing power of citizens, finance minister Nadia Fettah Alaoui said. Morocco had increased allocations to the compensation fund to 40 billion dirhams, offered transporters help, while the central bank […]

Egypt is essential to Belt and Road initiative, Chinese Diplomat

Ties between Beijing and Cairo should be boosted because the two share complementary pro-development policies and the North African country will play a crucial role in the Silk Road Economic Belt and the 21st-Century Maritime Silk Road initiative often known as the Belt and Road. The remarks were made by Han Bing, counselor for economic […]

UN accuses Jordan, Turkey, UAE of violating Libya’s arms embargo

A confidential UN report on Libya states that Jordan, Turkey and the United Arab Emirates have violated the arms embargo. The country’s two strong men – Marshal Haftar and Prime Minister Sarraj – took advantage of the embargo breach. Jordan, Turkey and the United Arab Emirates have violated the arms embargo imposed on Libya since […]