Moody’s Ratings has affirmed Morocco’s stable credit outlook at Ba1, saying the rating reflects Morocco’s institutional strengths and robust external position. “The stable outlook reflects our expectation that the government will pursue economic and social reforms to improve the economy’s resilience to shocks while keeping the debt burden stable,” Moody’s said. “We expect the government […]
British Petroleum (BP) and Russian-owned DEA have agreed a partnership investment of $12 billion in Egyptian gas fields in the West Nile Delta with the hope of producing five trillion cubic feet of gas resources and 55 million barrels of condensates when the project is completed in 2017. The investment plan is being described as […]
After meeting a number of ministers and representatives of UNICA, Tunisian Prime Minister Ali Laarayedh announced during a press conference earlier in January that all new taxes and fees imposed on vehicles by the 2014 budget would be suspended until further notice. Prime Minister added that the government opted for suspending of several fees on […]
