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French ex-president faces 10 years in prison over alleged Libyan campaign financing

Former French president Nicolas Sarkozy is facing a potential 10-year prison sentence as his trial over alleged corruption linked to his 2007 presidential campaign continues in Paris. Sarkozy is accused of striking a “corruption pact” with the late Libyan leader Muammar Gaddafi, who allegedly funded Sarkozy’s campaign in exchange for political favors. The prosecution argues […]

Belgian consortium to build center for green hydrogen production & storage in Egypt

A consortium of Belgian companies revealed Monday on the sideline of the ongoing COP27 plans to set up a center for the production and storage of green hydrogen in Egypt, meant for export to Europe. The Belgian Alliance for Companies, made of DEME Group, Fluxys, and Antwerp Port met with Egyptian Prime Minister Mustafa Madbouli […]

Morocco’s Diaspora Remittances, Tourism Revenue Offset Trade Deficit

Moroccan citizens abroad sent home record remittances totaling 111.53 billion dirhams ($12.07 billion) through November 2025, representing 1.6% annual growth from 109.8 billion dirhams during the corresponding 2024 period, according to Exchange Office data. The steady increase demonstrates continued diaspora support for Morocco’s national economy despite ongoing global economic challenges. Tourism sector recovery proved particularly […]