under-sea cables

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. […]

Tunisia might call on IMF for financing

The minister responsible for investment has voiced out that the country’s actual economic situation might force the government to ask for a precautionary standby credit line worth $2.5 billion from the International Monetary Fund.  He said they not completely ruling out the idea because they need the sum in order to give assurances to their […]

Libya’s two warring factions in Moscow to sign ceasefire

The heads of Libya’s two warring factions, the Prime Minister of the Government of National Accord (GNA) Fayez al-Serraj, and the commander of the Libyan National Army (LNA) Khalifa Haftar, are both in Moscow this Monday to sign a binding ceasefire.   Turkey and Russia, which back opposing sides in the conflict, are supporting the […]