Dakhla Port

Italy grants Tunisia €200m for development projects

Italy Wednesday pledged to finance up to €200 million development projects in Tunisia as part of a cooperation agreement between the two countries. The grant will fund several projects spanning over economic recovery, agriculture, employment, and training and youth integration, over a two year period, 2021-2023, Webdo Tunis reports. The agreement was announced on the […]

King Mohammed VI: Notre-Dame Fire Affects Millions of Worshipers

King Mohammed VI has expressed heartfelt solidarity with the French people after Notre-Dame Cathedral was badly damaged by a fire caught on Monday. The King sent a message to French President Emmanuel Macron, in which he expressed sympathy with the French people over the incident. The King said he has been deeply moved by the […]

Rise of the ‘Renmimbi’ to the International Stage: A Win-Win Game for the Emerging Multi-Polar Global Economy

Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]