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Moroccan think tank says economy could lose 1.6% of GDP due to oil shock

A 20% rise in global oil prices could shave 1.6% off Morocco’s GDP and put more than 5% of its workforce at risk, highlighting the country’s exposure to energy shocks linked to tensions around the Strait of Hormuz, according to a report by the Policy Center for the New South (PCNS). The Moroccan think tank […]

Egypt foils terror attack in North Sinai province

The Egyptian army said it foiled on Tuesday a terror attack and killed 18 alleged militants as servicemen repelled an attack on a military post in North Sinai. The army in a statement said one of the attackers was wearing an explosive belt during the assault targeting the military outpost in Bir al-Abed area. Forces […]

Slovenia backs Morocco’s autonomy plan for the Sahara

Slovenia has become the latest EU country to support Morocco’s autonomy plan as a political solution to the over-five decade Sahara conflict. Slovenia “appreciates” the autonomy plan as a proposal that would offer a lasting solution to the regional dispute over the Sahara, Slovenia’s deputy prime minister and foreign minister, Tanja Fajon, said following talks […]