ouarzazate solar plant

Egypt’s pound depreciates again

The Egyptian pound weakened to a new record low against the US dollar on Thursday, extending its losses to 6.4 percent since the central bank introduced a new system of foreign currency auctions to curb a decline in foreign reserves. This came hours after Qatar announced that it is willing to pump in more money […]

Lacking Open Economy, Algeria Maintains Closed Border Policy

Algeria has kept its borders with Morocco closed since 1994 because it lacks a dynamic private sector that is able to compete in a free market, Moroccan ambassador Hassan Abou Ayoub said. Keeping borders sealed runs against the ideal of achieving integration in the Maghreb region, the diplomat told Italian journalists on the sidelines of […]

Liberia renews support for Morocco’s territorial integrity, sovereignty over the Sahara

Liberia reaffirmed, on Thursday in Rabat, its support for Morocco’s territorial integrity and sovereignty over all its territory, including the Moroccan Sahara. This position was expressed in a joint communiqué issued following talks between Liberian Minister of Foreign Affairs, Sara Beysolow Nyanti, who is on a visit to Morocco, and her Moroccan peer Nasser Bourita. […]