Egypt aims to increase gas daily exports to 1 billion cubic feet (bcf), Minister of Petroleum and Mineral Resources Tarek el Molla said in an interview while stressing some challenges. Molla told Sky News Arabia that Egypt’s current gas daily exports stand at 300-800 million cubic feet while the production is 72 bcf. The […]
The Egyptian Cabinet approved on Wednesday a draft law criminalizing the circulation of false weather forecast. The draft law imposes fines ranging from EGP 100,000 ($4,000) to EGP 5 million on providing meteorological services without a license or posting false information about weather conditions through different channels, including social media, Ahram online reports. The statement […]
Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity buffers, Fitch Ratings said. The agency affirmed Morocco’s long-term foreign-currency issuer default rating at ‘BB+’ with a Stable Outlook. Fitch Ratings however expects the government’s budget deficit to stand at […]
