Arab-India energy forum

South Korea seeks to expand diplomatic, trade ties with Africa

South Korea’s recent announcement of the opening of new diplomatic missions in several African nations signals that Seoul aims to commit more resources to a continent that is widely seen as home to some of the world’s fastest-growing markets, according to experts. When the South Korean government on 7 November announced plans to open 10 […]

Turkey ready to normalize ties with Egypt if…

During an interview at the Turkish Radio and Television Corporation (TRT) on Thursday, Foreign Minister Mevlüt Çavuşoğlu said Ankara is willing to normalize relations with Cairo if it shifts towards democracy and the respect of human rights. Since the ousting of Mohammed Morsi from power by El Sisi in a military backed coup d’état, the […]

Morocco to Launch Gradual Dirham Float on January 15

The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]