Pro Memos

A farmer inspects plants in a cannabis field in the village of Azila in Morocco's Ketama region at the foot of the marginalised and underdeveloped mountainous region of Rif on September 16, 2022. - High in the hills of northern Morocco, vast cannabis fields are ready for harvest, but farmers complain that a government plan to market the crop legally is a slow burner. The marginalised region has long been a major source of illicit hashish smuggled to Europe while Moroccan authorities, wary of social unrest,

Morocco's share in formal cannabis market to remain minimal despite reforms

A picture taken on October 31, 2017 shows advertising billboards in Cairo for "WE" a new mobile service from Egypt's state-owned company Telecom Egypt. In a country with more mobile phone subscriptions than residents, Egypt's only fixed-line operator is hoping to get in on the action with its new mobile service, WE. / AFP PHOTO / MOHAMED EL-SHAHED (Photo credit should read MOHAMED EL-SHAHED/AFP via Getty Images)

Telecom Egypt sale foreshadows Cairo's uncertain privatization path

A Chinese vendor displays notes during a cash transaction in Beijing 14 January 2007. The yuan was pegged to the US dollar until 2005 when Beijing decided to revalue it by 2.1 percent and place the unit in a currency basket, allowing a greater but still very tightly controlled margin of flexibility, but the yuan has since slowly but steadily risen in value on the back of China's booming economy and the breaching of the 7.80 level. AFP PHOTO (Photo credit should read STR/AFP via Getty Images)

China’s push for trade in yuan has downsides for Gulf states

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