hakimi-psg

Morocco to make two bond sales in 2020 and 2021

Morocco will launch two international bonds in 2020 and 2021 to lift its foreign exchange reserves and help the economy offset the fall in foreign currency in flow due to the coronavirus impact, governor of Morocco’s central bank Abdellatif Jouahri said He said Morocco should tap into the bond market as long as conditions are […]

Erdogan slams European countries for accepting al-Sisi’s invitation for Arab-EU summit

In a second bash on Fattah al-Sisi, Turkey’s President Recep Tayyip Erdoğan slammed the European Union bloc for being “insincere” because they attended the joint summit with the Arab League in Egypt, a country with an impressive record of executions. Erdogan, speaking at an electoral rally in Giresun said the EU, is insincere considering its […]

Algeria’s 2026 budget allocates record military spending despite economic strains

Algeria’s Council of Ministers has approved the draft Finance Bill for 2026, allocating $25 billion to the army at the expense of economy diversification, infrastructure, and social services. The country has prepared a budget bill worth a record $135 billion, up from $128 billion in 2025 and $113 billion in 2024. Military spending represents 20.6% […]