The International Monetary Fund has praised the resilience shown by Moroccan economy to challenging external conditions. Despite water scarcity, the September 2023 earthquake, and country’s economic activity picked up to 3 % in 2023 thanks to strong exports and a rebound of domestic demand In a press release issued Wednesday, the Fund’s Executive Board, which […]
The Libyan government in Tripoli has formally protested to the United Nations over Greece’s delineation of an Exclusive Economic Zone (EEZ) south of Crete, arguing that the map infringes on Libyan maritime boundaries. The EEZ map, published in the EU’s Official Journal over the weekend, is said by Libya to be a breach of its […]
Egypt has begun the construction of its first integrated fishing port in the city of Rosetta, on the Mediterranean, “Egypt Today” reports. The project, valued at $19.4 million, will feature a quay whose capacity is 60 fishing boats per hour, and another dedicated to maintenance. The quay will be equipped with a tugboat whose capacity […]
