Business Emerging Markets Headlines Libya Tunisia

KSA, Libya to lend Tunisia $1bn to surf economic hardship

Saudi Arabia and Libya will provide Tunisia a loan of $500 million each attached with affordable interests to help the North African country to overcome economic woes amid the ongoing political crisis. The news was revealed by Tunisie Numerique, which cited a source knowledgeable of the matter but who asked not be named because not […]

Americas Asia Headlines International Morocco

Morocco reportedly hit by Iranian malicious cyber attack

Iranian hacker group Lyceum has launched lately a cyber-attack against an internet service provider (ISP) in Morocco, according to the findings of Prevailion’s Adversarial Counterintelligence Team (PACT) and Accenture’s Cyber Threat (ACTI) group. The attack, which was launched between July and October 2021, also targeted ISPs and telecommunication operators in Israel, Tunisia, and Saudi Arabia […]

Africa Americas Headlines International

United States begins to evacuate its embassy in Addis Ababa

The United States ordered Saturday the departure of its non-essential personnel from its embassy in Ethiopia, where fighting has redoubled this week in the north of the country between government forces and Tigrayan rebels who threaten to march on the capital. The decision was taken “due to the armed conflict, civil unrest and possible shortages,” […]

Asia Egypt Energy International

Egypt, Saudi Arabia to sign electricity transmission network agreements

Egypt and Saudi Arabia will sign soon multiple contracts for a 2 GW electricity transmission network that will connect the two countries’ grids. The project worth $1.6 billion will connect both countries’ grids with 900 kilometers of overhead transmission cables and pass across the sea bed, for 25 kilometers. Egypt will finance 40 per cent […]

Asia Business Headlines International Morocco

Arab Ambassadors explore investment opportunities in Dakhla

A delegation including the ambassadors of Jordan, Saudi Arabia, Oman and Yemen to Morocco visited Dakhla on Thursday to explore the investment opportunities and economic assets in the region. This visit, organized by the Dakhla-Oued Eddahab Regional Council in cooperation with the Diplomatic Foundation, is part of initiatives aimed at informing representatives of foreign delegations […]

Asia Headlines International Morocco

Saudi Arabia reiterates its constant, principled position on Morocco’s territorial integrity

Saudi Arabia has reiterated its constant and principled position regarding Morocco’s territorial integrity, and its continued support for the Moroccanness of the Sahara.   This came during a videoconference held Tuesday between the Moroccan and Saudi Foreign Ministers, Nasser Bourita and Prince Faisal bin Farhan Al-Saud.   During the talks, the Saudi official renewed his […]

Algeria Headlines Morocco

UN unveils another fake news circulated by Algerian APS

The UN has denied as false reports by Algeria’s state-run news agency Algerie Presse Service (APS) that Morocco “failed” to become a member of the United Nations Human Rights Council (UNHRC). The strongly-worded denial inflicted another blow to the official news outlet, known for circulating “fake news” on sensitive topics. In its report, APS claimed […]

Asia Headlines International Morocco

Saudi Arabia hails Morocco’s measures to combat extremism, terrorism

Saudi Arabia lauded the measures taken by Morocco to ensure security and stability in the country and to combat extremism and terrorism under all their forms.   In a statement shared on social networks Monday, the Saudi Foreign Ministry stressed its respect for Morocco’s measures to ensure security and stability and to prevent terrorism and […]

Americas Asia Headlines International

Washington presses Saudi Arabia, UAE to end Qatar’s isolation benefiting Iran

The US has ramped up pressure on Saudi Arabia and the United Arab Emirates to end the three-year old diplomatic feud with Qatar on grounds that the crisis generates revenues for embargo-hit Iran. The Trump administration is taking a new tack in trying to resolve a three-year-old Gulf crisis by pressing Saudi Arabia and the […]

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Tunisian President throws support behind GNA after defense minister called UN-backed Government militia

Tunisian President Kais Saied has underlined Tunis’s unified position with UN-backed Government of National Accord (GNA) in Tripoli after his defense minister tagged the fragile Libyan government as militia”, reports say. Tension has emerged this week between Tunisia and Libyan after Tunisian defense minister, Imed Hazgui, in comments to a local TV station, called forces […]