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Algeria Continues to Reel under Impact of Oil Prices Fall-IMF
Despite a sizable fiscal consolidation in 2017, the fiscal and current account deficits remain large in Algeria, which continues to face important challenges posed by the fall in oil prices four years ago, the IMF said. The fall in oil revenues was mostly felt in Algeria’s reserves which fell by $17 billion to $96 billion […]
Morocco ready to host second Negev Forum in September if context is favorable, FM says
Morocco is ready to host the second edition of the Negev Forum this autumn, and hopes that the political context will be favorable, said, on Friday in Rabat, Minister of Foreign Affairs Nasser Bourita. “We hope that the context will be favorable to the holding of this important event on the one hand, but also […]
Egypt to inaugurate new Suez Canal Aug. 6
The second route to the Suez Canal, a gigantic project announced shortly after the coming to power of President Abdel Fattah el-Sisi, will be inaugurated in Egypt on August 6, President el-Sisi said in a televised address. “The dry digging in the new canal has been 100% completed,” Sisi said, adding that 65% of dredge […]



