Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked by low oil prices and increasing demand on phosphates. The floating of the pegged dirham was encouraged by the IMF which sees in a more flexible exchange regime a move […]
A day after the European Parliament (EP) voted in favor of a nonbinding resolution to freeze talks on the adhesion of Turkey to the European Union (EU), President Erdogan blasted the EU bloc that the results have “no value in our eyes” and warned on Friday that Turkey could ease access to the EU by […]
UAE’s Foreign ministry said Sunday the Gulf country’s ambassador to Teheran will resume his duties in coming days in line with diplomatic norms governing bilateral relations. The move is in line with Abu Dhabi’s efforts to mend ties with Iran and as part of a previous decision to raise diplomatic representation to the rank of […]
