Morocco is strengthening its position as a global aerospace hub with over 150 companies operating in the country and generating $2.8 billion in annual revenue, said Moroccan Minister of Industry & Commerce Ryad Mezzour at Paris Air Show 2025. The production sites are concentrated in Casablanca, Tangier, Rabat and Fez. They employ 26,000 individuals and […]
The Algerian government has devalued the Dinar on the back of dwindling foreign exchange reserves provoking high inflation and concerns of violent unrest. Since the end of the era of expensive oil in 2014, the Algerian dinar took a plunge and now trades for 200 dinars per Euro in the black market. From 200 billion […]
The European Union has announced its plans to launch a naval mission in the Red Sea by mid-February aiming to protect commercial vessels against Iran-backed Houthi rebel attacks which are hampering international trade and driving prices up. It’s a purely defensive operation to protect ships from attacks by Yemen’s Houthi rebels, the bloc’s top diplomat […]
