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Egypt: Military officer killed in Sinai during raid on drug traffickers
The Egyptian army has announced the killing of an officer in the Sinai Peninsula during clash with drug traffickers. The clash, according to the army, occurred in the South Sinai governorate and broke out after Egyptian soldiers grew suspicious of a vehicle that reportedly turned out to be transporting large amounts of narcotics. The army […]
Morocco’s trade deficit shrinks up to May
Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]
IMF Chief Welcomes Morocco’s Budgetary & Sectoral Reforms
IMF Managing Director, Christine Lagarde, commended Morocco for the “genuine” budgetary and sectoral reforms it has undertaken to balance its finances. The IMF head told the press on the sidelines of the annual meetings of the IMF and the World Bank that Morocco has used its credit line to carry out fiscal and structural reforms. […]



