libya-italy

Egypt strengthens naval fleet with U.S and French ships

Egypt has boosted its naval fleet with three military ships from the U.S and France. Two U.S fast missile boats and a French FREMM (European multipurpose frigate) were delivered to Cairo during separate ceremonies. The American embassy in Egypt stated that the ships will contribute towards “ensuring regional security, countering terrorism, and protecting global commerce” […]

Algeria: Former Minister sentenced to 10 years in prison for corruption

The former Algerian Minister of Relations with Parliament, Tahar Khaoua, was sentenced on Wednesday to 10 years in prison for corruption. Tahar Khaoua’s son, Zakaria, was given a four-year prison sentence with the confiscation of all assets and real estate of the accused, according to local media citing judicial sources. The same sources added that […]

Morocco’s Trade Deficit Soars in April 2017

Increased imports and falling receipts from tourism and remittances by Moroccans living abroad have widened the trade deficit to 40.2 million dirhams, that is 36% rise compared to the same period last year. The trade deficit stood at 29 million dirhams the same period last year, the Moroccan foreign exchange regulator said in its latest […]