Hamad port

Morocco reports trade surplus with Africa despite drop in exports

Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]

Libya bent on bringing Libyan prisoners back home – Justice Minister

Libya’s Justice Minister, Halima Ibrahim indicated Sunday October 1st the North African country is very determined to ensure all Libyans detained abroad are sent home to serve their prison sentences, ‘Libya Observer’ reports. H. Ibrahim made the announcement on Facebook in the wake of a prisoner swap agreement signed between Libya and Italy, on the […]

Egypt to float military-owned firms as part of economic reform drive

Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]