Dam in Morocco

Skoda Auto turns to Morocco to secure cable harness

Skoda Auto is among the automotive makers who are looking to Morocco to supply cable harness to offset the production disruption due to the Russia-Ukraine war. In a statement, Skoda Auto said it has secured additional production capacities of cable harness from Morocco and Romania which will add to a plant it has relocated from […]

Central banks of Egypt, UAE ink bilateral currency swap Agreement

The Central bank of Egypt (CBE) and that of the United Arab Emirates (CBUAE) signed Thursday September 28 a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). CBE Governor Hassan Abdullah and his UAE counterpart Khaled Mohamed Balama penned the deal that allows the exchange of local currencies between […]

Algeria: Journalist Ihsane El Kadi’s sentence increased to 7 years on appeal

Algerian journalist Ihsane El Kadi’s sentence has been increased to 7 years on appeal. Seven years in prison–with the possibility of release only after having served five of them–was the verdict handed down to Algerian journalist Ihsane El Kadi on Sunday. This marks the most severe sentence ever handed down to an Algerian journalist by […]