Uk Morocco business dialogue

Tension brews between Russia and Algeria over regional issues

The most recent showdown at the UN Security Council between Russia and non-permanent member Algeria is indicative of an intensifying friction over much broader regional issues, where the two countries lie at the antipodes. Boxing Row At the Security Council meeting on women peace and security, Russia’s representative brought the row over the gender identity […]

UNSC reiterates call on Algeria, Polisario for census of Tindouf camps population

The UN Security Council deplored the abject living conditions and rights violations in the Polisario-run Tindouf camps in Algeria and urged a headcount of the population held there. The Council strongly reiterated its “request for a refugee registration in the Tindouf refugee camps,” reads the resolution 2703 adopted following a vote of 13 in favor […]

Egypt’s central bank gets around $5.2bn from local banks to address growing economic pressures

The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]