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Turkish President Recep Tayip Erdogan urged Algerian authorities to lift the import restrictions and quotas it has imposed in a bid to curb the surging imports bill and consequently delay the depletion of its foreign reserves. Erdogan, who paid a three day visit to Algiers as part of an Africa tour, told the Turkish-Algerian business […]
Morocco-Covid 19: $200 million donation from Al Mada Holding
On the proposal of its main shareholder, the Al Mada Board of Directors donated more than $200 million to the special fund dedicated to the management of the Coronavirus pandemic in Morocco. This important initiative translates the great interest and commitment of King Mohammed VI in managing the Coronavirus crisis, which is affecting the Kingdom. […]
Libya: US Treasury Slaps Sanctions on Oil Smugglers
The US Treasury has imposed new sanctions, including asset freeze, on several entities and individuals from Libya, Egypt and Malta believed involved in the smuggling of Libyan oil. The new sanctions from the Treasury’s Office of Foreign Assets Control (OFAC) have targeted six people, twenty-four companies and seven vessels. Assets belonging to targeted individuals and […]



