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Algeria: $58 billion of Foreign Exchange Reserves Lost in 2 Years

Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, the country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Sellal at a tripartite meeting including government, worker’s syndicate and employers, indicated that Algeria […]

Why are Algeria’s allegations regarding a supposed real estate ‘confiscation’ are unfounded?

Moroccan diplomatic sources provided extensive clarifications on Monday, March 18th, regarding the unfounded allegations made by Algerian authorities, who contested in a statement a supposed confiscation of seats of Algerian diplomatic representations in Morocco. Contrary to these allegations, the Chancellery and the Residence of the former Algerian Embassy in Rabat – whose land was indeed […]

Rabat Hosts 2nd Plenary Meeting of Global Forum to Prevent Radiological & Nuclear Terrorism

Rabat is hosting the second plenary meeting of the Global Forum to Prevent Radiological and Nuclear Terrorism (Global FTPRNT), showing Morocco’s engagement to strengthening multilateral cooperation to counter radiological and nuclear (R/N) terrorism. The three-day meeting (feb. 3 to 5) is co-organized by Morocco and the United States, two partners committed to promoting global peace […]