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Libya takes bold steps to address liquidity crisis with new banknote printing and digital payment initiatives
Libya is enacting extraordinary measures to tackle its persistent liquidity crisis. On December 5, 2024, the Central Bank of Libya announced a partnership with the British company ‘De La Rue’ to print 30 billion dinars (approximately $6.25 billion) in new currency. This decision follows years of acute financial difficulties, compounded by political instability since the […]
Religious Freedom: Washington maintains Algeria on its watch-list
The U.S. Commission on International Religious Freedom (USCIRF), a bipartisan U.S. government advisory body, has recommended maintaining Algeria on the U.S. Department of State’s Special Watch List for engaging in or tolerating severe religious freedom violations. In its 2022 annual report, the USCIRF, which monitors and reports on religious freedom abroad and makes policy recommendations […]
Morocco gets €5 million loan from Spain for construction of two desalination plants
The Spanish government has approved, Tuesday, a €5 million loan to Morocco for the construction of two desalination plants in the cities of Zag and Moulay Brahim. The loan will be granted to the National Office for Electricity and Drinking Water (ONEE) through the Fund for the internationalization of the company (FIEM), according to the […]



