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Covid-19 costs five major Moroccan public enterprises over $600 mln
The restrictive measures to slow the outbreak of the coronavirus ensued revenue losses estimated at $600 million for five Moroccan state-owned enterprises. These include flag carrier RAM, which loses up to $100 million per month, national electricity and water utility with $44 million, airports agency with $30 million, rail operator ONCF with $28 million and […]
Exclusion of Russia from SWIFT System casts doubt over Algeria’s arms deal
The $7 billion arms deal the Algerian military regime sealed last year with the Kremlin has hit a serious snag after the European Union, the US, the UK and their allies have banned Russian Banks from SWIFT system in response to Russia’s invasion of Ukraine. The move of unplugging almost all Russian banks from the […]
Tunisia: Kais Saied to run for elections against only two contenders
The Tunisian electoral commission has only accepted bids by three candidates, including incumbent president Kais Saied, who is accused by his opponents of using the judiciary to eliminate his political opponents using bogus charges. The electoral commission has accepted bids by Ayachi Zammel and Zouhair Magzhaoui, who are believed to be allies of Kais Saied, […]



