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Egypt: reforming the financial sector before 2014

Chairman Sherif Samy of the Egyptian Financial Supervisory Authority (EFSA) has stated that the financial sector will be revised before the end of the year in order to ease and fasten the transactions. Capital markets in Egypt suffered deeply from the revolution which began in 2011 forcing several foreign portfolio managers to withdraw their money […]

Military Plane Crashes South of Algiers Killing 257 people including 26 Polisario members

An Algerian military aircraft crashed Wednesday killing 257 soldiers, including 26 Polisario members, Algerian officials said. The Russian Ilyushin model military plane was bound for Tindouf, the rear-base offered by the Algerian regime to the Polisario separatists, and planned a stop over in Bechar, Algerian media outlets said. The incident happened shortly after the aircraft […]

Brazilian Senators, Deputies plead for enhanced partnership with Morocco

A group of around fifty Brazilian Deputies and Senators have pleaded for an enhancement of the strategic partnership between Brazil and Morocco, while expressing satisfaction with the “remarkable” progress in political and economic relations between the two countries. The plea came in a motion signed by 37 Senators and 14 Federal Deputies and addressed to […]