UN Security Council adopted resolution 2414 renewing the mandate of the UN mission to the Sahara, MINURSO, for another six months until October 31. The resolution took note of “the Moroccan proposal presented on 11 April 2007 to the Secretary-General” (a reference to the autonomy initiative) and welcomed the “credible Moroccan efforts to move the […]
The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]
Sofitel Royal Bay in the Moroccan southern Atlantic coastal city of Agadir will cease operating on June 30 as the lease contract comes to an end, Aujourd’hui.ma reports. Sofitel Agadir Royal Bay’s owner, ABS Holding, and the facility operator RISMA agreed not to extend the contract, which took effect in 2004, over the obsolescence of […]
