Egypt Moody report lowers Cairo’s Suez Canal spirit

Budapest publishes Moroccan-Hungarian Joint Declaration officially supporting Autonomy Plan for the Sahara

Hungary’s Foreign Ministry has posted, Monday, on its official website, the joint Moroccan-Hungarian declaration which was adopted at the end of the visit paid by Hungarian FM Peter Szijjarto to Morocco last week. In this document, Hungary supports the Morocco-proposed autonomy plan for the Sahara and commends the development efforts undertaken by Morocco in the […]

Morocco’s trade deficit eases 12% in May

Morocco’s trade deficit shrunk 12% in May as the coronavirus pandemic reduced demand both for imports and exports, the foreign exchange agency said. The 16.9% drop in imports to $17 billion from January to May came as a result of a fall in all imports except cereals, the agency said. Exports however dwindled 20% to […]

WB Warns of Ramifications of Water Scarcity on Stability of MENA Region

The World Bank issued a report mapping out actions needed to prevent water scarcity from impacting growth and stability in the MENA region. The report, dubbed “Beyond Scarcity: Water Security in the Middle East and North Africa,” estimated that the inadequate supply of water and sanitation is costing the Middle East and North Africa (MENA) […]