Algeria: IMF Predicts Economic Stagnation

IMF’s economic predictions for Algeria augur no growth for 2016 while forecast for 2017 signals further slump in the country’s economy with GDP expected to go down to 2.9 per cent, with payment balance estimated at 16.2 per cent of the GDP. 2016 predictions for growth of the Algerian economy according to the International Monetary […]

Morocco Maintains Attractiveness as Leading Destination on New Year Holidays

In a region beset by turmoil and instability, Morocco stands out as a favorite holiday destination ranking in the top 3 of countries that attract most bookings by Western tourists. According to Rambo travel agency, Morocco registered one of the biggest reservation rates for the New Year holidays, preceded only by the US and Argentina. […]

Tunisian president blames food shortage on speculators

Tunisians are suffering from a shortage of basic foodstuff which the President ascribed to food profiteering and speculators. In the wake of soaring food prices in international markets, president Kais Saied said in a presidency statement that he was launching a “relentless war on speculators and criminals.” Food speculators could face heavy prison sentences as […]