har-adar

Morocco reshapes trade partnerships as Asia gains ground

Morocco’s foreign trade landscape has undergone a significant transformation over the past decade, with Asian economies- led by China, Turkey, and India- emerging as key suppliers, gradually reshaping the Kingdom’s traditional reliance on European partners. According to data from the Moroccan Exchange Office, between 2015 and 2024, China’s exports to Morocco surged by 194%, rising […]

Algeria slashes spending by 50% due to drop in oil earnings & Coronavirus impact

The Algerian economic model, which is depending heavily on oil & gas revenues, is seemingly crumbling. The new financial realities have shown that its former decade’s high spending is no longer possible with the rapidly depleting state coffers and widening deficit. Hit hard by a sharp drop in oil prices on the international and the […]

Libya: Mysterious warplanes shell IS’s positions in Sirte

Unidentified warplanes carried air strikes on IS’s positions in the Libyan city of Sirte Thursday shortly after mid-night, witnesses said. The air-strikes the second this month targeted IS fighters’ positions in former ruler Muammar Gaddafi’s hometown. It is still unclear who was behind the military raid as neither Libya National Army (LNA,) its affiliated militias, […]