Americas Business Europe Finance Headlines International Tunisia

US, EU to inject millions of euros into battered Tunisian tourism industry

The Unites States and the European Union have pledged to back Tunisia’s tourism industry severely affected by the covid-19 pandemic with a combined investment valued at more than €100 million. The US support will come from its development agency, USAID, which has pledged to mobilize between $30 million and $50 million for “Visit Tunisia” program […]

Americas Headlines International Maghreb Morocco

Guyana withdraws recognition of pseudo-SADR

Guyana announced on Saturday its decision to withdraw its recognition of the Polisario’s self-proclaimed “SADR” and to suspend all ties with it. The announcement was made by Guyana’s Minister of Foreign Affairs and International Cooperation, Hugh Hilton Todd, in a letter to his Moroccan peer Nasser Bourita. The Government of Guyana will no longer recognize […]

Americas Headlines International Morocco

US, Moroccan military officials planning for African Lion 21

Major Gen. Andrew Rohling, deputy commanding general of US Army Europe –Africa, and Gen. Belkhir El Farouk, Royal Armed Forces Southern Zone Commander met, on Thursday in Agadir, to discuss plans for conducting next year’s African Lion, the largest military training exercise on the continent, amidst the uncertainty created by the COVID-19 pandemic. The high-ranking […]

Algeria Americas Headlines International Maghreb Morocco

Sahara: Polisario extremely anxious over excellent ties between Rabat & President-Elect Joe Biden

The victory of Democrat Joe Biden in the 2020 US presidential election has prompted a deep concern within the Polisario top leadership due to the “close and excellent ties” existing between Morocco and the US democrat party, according to a Spanish-speaking website close to the Algeria-backed separatist group. It is “under the Obama administration that […]

Americas Headlines International Libya

US contemplates returning embassy to Tripoli

The United States is considering the acquisition of a property in the Libyan capital, Tripoli, for the return of US full mission capacity to the North African country. The announcement came during a meeting between US diplomat to Libya Richard Norland and Mohammed Sayala, the Foreign Minister of the Tripoli-based Government of National Accord (GNA). […]

Americas Finance Headlines Morocco

IMF, WB delay Morocco meetings till 2022

The International Monetary Fund, the World Bank and the Kingdom of Morocco announced the postponement of the Marrakech annual meetings for a year until October 2022   The annual meetings are usually held for two consecutive years at the World Bank and IMF headquarters in Washington, and then in a member country every third year. […]

Americas Europe Headlines International Maghreb Morocco

France calls for not hampering trade and civilian traffic in Guerguarat

France expressed, on Friday, its concern about “the current obstruction situation” caused by the Polisario and its militias in the buffer zone of Guerguarat, warning that such a situation is likely to create tensions that would undermine the political process aimed at reaching a final solution to the regional dispute over the Moroccan Sahara. “France […]

Algeria Americas Headlines International Maghreb Morocco

US Reaffirms Moroccan Autonomy Initiative in the Sahara is ‘Serious, Credible and Realistic’

The United States reaffirmed on Friday, following the adoption of UN Security Council resolution N° 2548 on the Moroccan Sahara, that the Moroccan autonomy initiative is “serious, credible and realistic” for the settlement of this regional dispute. “We consider the Moroccan autonomy plan as serious, credible and realistic, and it represents a potential approach to […]

Americas Business Headlines International Morocco

Bombardier, Spirit reach new aerostructures deal for Belfast, Casablanca Facilities

Bombardier announced this week it has reached amended definitive agreement to sell its aerostructures business in Casablanca, Belfast, and Dallas to Spirit AeroSystems Holding Inc. of Wichita, Kansas. The initial purchase agreement between the two companies was announced in October 2019 for a cash consideration of $500 million, plus the assumption of liabilities with a […]

Americas Headlines International Morocco

Brazil’s President underscores close ties with Morocco

Brazil’s President Jair Bolsonaro highlighted the “strategic” character and regular political consultations between his country and Morocco noting the closer political consultations. Speaking at an economic forum bringing together Brazil and Arab countries, Bolsonaro stressed the key role played by Morocco in promoting Brazil’s agriculture citing that the north African Kingdom remains the main supplier […]