East African central banks are being forced to hike interest rates to contain renewed inflationary pressures emanating from surging shipping and insurance costs due to the disrupted crucial trade routes between Europe, the Middle East, and Asia in the Red Sea. The ongoing Red Sea crisis, involving attacks by the Iran-supported Houthi group based in […]
The United Arab Emirates (UAE) will inaugurate its Consulate General in Laayoune, in the Moroccan Sahara, on Wednesday, November 4, Le360 news outlet reported, citing a governmental source. The same source confirmed that the Emirati Foreign Minister, Abdullah bin Zayed Al Nahyan, is expected in Laayoune to chair the inauguration ceremony of the diplomatic representation. […]
Spanish support for Morocco over the Sahara issue ushered a new era in their relations, based on mutual trust auguring well for enhanced bilateral cooperation at all levels. The fog of tension dissipated between the two countries following a letter from Spanish Prime Minister Pedro Sanchez supporting Morocco’s autonomy plan for the Sahara as “the […]
