Morocco begins gradual cooking gas subsidies cut

Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]

Egyptian President appoints former central bank chief adviser

President Abdelfattah al-Sisi has named Tarek Amer as presidential adviser after the latter resigned from his job that he was supposed to hold for another year. Local media Gate Ahram has revealed that al-Sisi accepted his resignation as Governor of the central bank and appointed him as close aide. Amer submitted his resignation to the […]

Turkey Pushes for “Strategic” EU Membership

The 36th Turkey-EU Joint Consultative Committee kicked-off in Brussels on Tuesday with Ankara pressing for a full membership to the European body despite EU member states’ harsh criticism of its human rights record and political openness. Turkey’s European Union Affairs Minister Omer Celik urged the EU to “support Turkey during this difficult period in the […]