Business Headlines Morocco

Morocco Bought $6.2 bln in Weapons from 2008 to 2015- Congressional Report

Morocco spent $6.2 billion on weapon deals from 2011 to 2015, said an annual Congressional study dubbed, “Conventional Arms Transfers to Developing Nations, 2008-2015, one of the most comprehensive assessments of global arms sales available in an unclassified form. The US continues to be the main arms supplier of Morocco over the same period with […]

Africa Egypt Headlines

Egypt’s support to Haftar’s army is a national priority, President al-Sisi

President al-Sisi of Egypt has confirmed that his government has been providing support to the Libyan National Army (LNA) under the command of Field Marshall Khalifa Haftar. The Egyptian president stated that “it is our country’s priority to back up national armies, for example in Libya, to assert control over Libyan territories and deal with […]

Headlines Libya

Libya: International Community Reaffirms Support for GNA amid Turbulences

The United States, the European Union, the African Union, the Arab League and several countries Thursday voiced support for Libya’s UN-backed Government of National Accord (GNA) at the time the unity government struggles to float. The countries and international institutions involved in finding solutions to the Libyan crisis stood again by the GNA in a […]

Algeria Finance Headlines

Algeria Lags Far Behind in ‘Economic Freedom of the World’ Ranking

The 2016 Economic Freedom of the World Report issued by the Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 151st among 159 surveyed countries. The report measures economic freedom including levels of personal choice, ability to enter markets, security of privately owned property and rule of law. It analyses […]

Headlines Morocco

UAE Pledges Support to Morocco for Successful Organization of COP22

The United Arab Emirates has pledged to extend all support possible, including financial support, to Morocco to ensure a successful organization of the COP22 in Marrakech. The pledge was made by visiting UAE Minister for Climate Change and Environment, Hani Ben Ahmad Al Zeyoudi, during talks he held in Rabat with Foreign Minister and President […]

Headlines Libya

Libya: UN-Brokered Peace Plan Hits Snag Again

The internationally recognized government of Libya has refused to endorse the UN peace deal offering power-sharing with rival Islamists, prompting serious concerns over future of this North African country and risks of escalation of violence. A spokesperson for the internationally recognized parliament said the Tobruk lawmakers will not sign the agreement to form a unity […]