Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]
Tag: Germany
US, Morocco to hold joint multi-lateral exercise
The United States and Morocco are to hold later this month a joint multi-lateral exercise dubbed “Exercise African Lion-13” that will involve more than 1,400 U.S. service members and approximately 900 members of the Moroccan Royal Armed Forces, announced the US Africa Command (Africom). The two countries’ servicemen will conduct military-to-military engagements in various exercises […]
Tunisia: Phosphate transportation back into service
The Tunisian ministry of transport has announced and made public on Thursday the information that the railway from the Redeyef mine has begun service since the 19th of this month. The railway transports phosphate from the mine site but has been laying idle for almost two years. It is run by the state owned Tunisian […]
Tunisia: Syphax prepares to penetrate markets
Syphax Airlines has decided to tap the aviation market with millions to increase its fleet and their performance. In a recent deal with General Electric Aviation, the company has decided to select CFM International’s LEAP-1A and CFM56-5B engines to power three Airbus A320neo and three Airbus A319/A320ceo aircraft, respectively. The total amount for the order […]
Facebook: North Africa Hosts about 2.2% of one billion global users
After its crucial role in the uprisings in the Arab world, internet and facebook occupy a growing ground in MENA region. Tunisia’s Jasmine revolution, which forced President Ben Ali to step down, proved that internet and facebook were the fastest way to communicate and spread news (videos, photos, tweetts articles and even political comments.) A […]
International Community Pledges $6.4 Bln to Yemen
International donors have pledged $6.4 billion to Yemen to support the country’s socioeconomic development plan, political transition and efforts to rebuild after it was rocked by political unrest and Al-Qaeda attacks. At the end of their meeting in Riyadh, which brought together more than 280 participants from 27 countries, 36 regional development & international finance […]





