Libyan dialogue – comprehensive agreement

Egypt: reserve recession rate could decline soon

Governor Hisham Ramez of the central bank has said that the foreign cash reserve recession rate may decline by next month. The central earlier on this month announced that the reserves had reached US$13.6 billion, which would amount to a 16-year low, compared to $36 billion on the eve of the 2011 uprising that ousted […]

President of Spanish-occupied Ceuta surfs on wave of anti-Moroccan sentiments

Faithful to a far-right discourse pinning troubles on the “Other”, president of Spanish-occupied Ceuta, Juan Vivas of VOX party used the fear of migrants to diabolize Morocco. Speaking from a city in northern Morocco though occupied by Spain, Vivas criticized the sovereign decisions taken by Morocco to manage the flow of goods on the borders […]

EIB releases €100 million in emergency funding to help Morocco combat COVID-19

The European Investment Bank has released a first tranche of €100 million out of a total emergency funding of €200 million destined to support Morocco’s efforts against the COVID-19 virus crisis. This is the first EIB financing in the EU’s Mediterranean neighborhood to help national authorities fight the pandemic, the bank said in a press […]