Egypt: UK lifts ban on flights to Sharm el-Sheikh

The United Kingdom Tuesday lifted travel restrictions to Egypt’s Red Sea Sharm el-Sheikh resort, four years after the Islamic State group (ISIS) brought down a Russian passenger jet. British authorities in 2015 imposed ban on flights to and from the resort city in reaction to the downing of the aircraft shortly after takeoff. The jet […]

S&P highlights Morocco’s resilience to external shocks amid global geopolitical uncertainties

Morocco’s economy is among the most resilient in Africa to external shocks from the war in the Middle East, helped by stronger foreign‑exchange reserves and broader financing options, S&P Global Ratings said, even as it warned that prolonged disruption could strain the sovereign credit outlook. In its assessment of African sovereign exposure, S&P said Morocco […]

Arm imports: Morocco gains six slots to rank 24th

Morocco has ranked among the 25 largest arms importers in the world, according to the latest report of the Stockholm International Peace Research Institute (SIPRI), published Monday. The kingdom comes in the 24th place in the ranking for the period 2014-2018, climbing six spots compared to the previous period (2013-2017), where it came in the […]