State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]
Japan reiterated that it does not recognize the Polisario’s self-declared SADR entity and that it deals with UN member states only. The position was reaffirmed by Japan’s Deputy Minister of Foreign Affairs, Fukazawa Yoichi, at a TICAD plenary summit. A day earlier, a Moroccan diplomat was violently attacked by a senior Algerian diplomat as he […]
The Trump administration has reiterated its recognition of Morocco’s sovereignty over the Sahara and reaffirmed that the autonomy plan represents the only basis for a just and lasting solution to the dispute. This came in a State Department statement following talks in Washington between foreign minister Nasser Bourita and Secretary of State Marco Rubio. “The […]
