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Asia Headlines International Morocco

King Mohammed VI announces reopening of Morocco’s embassy in Damascus, marking diplomatic shift toward Syria

North Africa Post

King Mohammed VI announced on Saturday the reopening of Morocco’s embassy in Damascus, more than a decade after it was closed in 2012 following the flare up of the Syrian civil war. This significant diplomatic announcement was made in the King’s speech to the 34th Arab League Summit that opened proceeding in Baghdad this Saturday. […]
Africa Business Finance International

Sub-Saharan Africa to fall into recession in 2020—World Bank

North Africa Post

The World Bank has warned that the rapidlyspreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years. The International lender’s Africa’s Pulse report released on Tuesday said the region’s economy will contract 2.1% to 5.1% from growth of 2.4% last year, and that the coronavirus […]
Business Egypt Emerging Markets

Egypt inaugurates Tahya Misr multipurpose maritime Terminal in Alexandria

North Africa Post

Egypt’s President Abdelfattah al-Sisi inaugurated Thursday the Tahya Misr multipurpose maritime Terminal in Alexandria as part of plans to develop local ports, local media “Ahram Online” reports. The Tahya Misr multipurpose maritime Terminal will play a vital role in transforming the Port of Alexandria into a regional and global hub for trade and logistics, the […]