Egypt’s House of Representatives approved on Monday, December 2, a Memorandum of understanding (MOU) with the European Union, securing a €1 billion financial support mechanism aimed at stabilizing the Egyptian economy and bolstering the national budget, according to the Ministry of Planning, Economic Development, and International Cooperation. This funding is part of a broader €7.4 […]
Algeria’s warmonger leadership launched live fire military exercises near Morocco’s Sahara borders in a move that adds to a series of provocations showing the inherent hostility of the Algerian regime to Morocco. At a time the country’s finances are hit by the fall in oil prices amid the coronavirus outbreak, the Algerian army has geared […]
As relations with Washington started lately getting more complicated and strained over regional thorny issues such as Iran, Syria, Israel…, the Saudis moved to enhance their ties with Moscow to meet their strategic goals. It seems that in politics there are indeed no permanent friends or enemies, but only permanent interests. This old saying turns […]
