Bourita in Belgrade

Algeria’s oil and gas revenue shrinks 41% by September

Algeria’s oil and gas exports dropped 41% to 14.6 billion dirhams in the first nine months this year, casting a shadow of deep uncertainty for a country that relies on hydrocarbons for more than 90% of its exports. Algeria’s energy minister Abdelmadjid Attar said that the drop was ascribed to low export volumes and low […]

AU’s Neutrality Could Contribute to Sahara Issue Settlement

King Mohammed VI has urged the African Union to reconsider the recognition of the pseudo-sahrawi Republic, to restore legality within the pan-African organization and correct mistakes, pointing out that through newfound neutrality, the AU could make a constructive contribution to the settlement of the Sahara issue. The call came in a strong-worded message King Mohammed […]

Morocco’s Economy to Grow 3.6% in 2018- Central Bank

Morocco’s economy is expected to post a growth rate of 3.6% in 2018, the Central Bank said, revising upwards estimates of 3.2% in the appropriation bill. This growth is due to a rebound in agricultural added value by 5.7% as the country expects a good crop year with cereal production projected to stand at 98.2 […]