US House lawmakers have blocked a $450 million emergency aid the Obama administration was planning to give to the new government of President Mohammed Morsi, facing unprecedented economic crisis, with an estimated budget deficit of $12 billion. Republican Rep. Kay Granger of Texas, chairwoman of the Appropriations subcommittee on foreign operations, says “I am not […]
Morocco’s flag carrier Royal Air Maroc (RAM) and Israeli carrier El Al have recently signed a Memorandum of Understanding (MoU) to govern their ties in order to offer “the best services to customers.” The agreement was signed by the two carriers’ CEOs Hamid Addou and Avigal Soreq, on the sidelines of the 77th Annual General […]
Tunisia and the European Union launched Tuesday talks for a free trade agreement to boost the North African country’s economy and back up its democratic transition. According to the European Commission, the Deep and Comprehensive Free Trade Agreement (DCFTA) would help support economic reforms in Tunisia, the birthplace of the Arab spring that ousted Ben […]
