CNDH

Morocco: Expatriates’ remittances exceed MAD 30.5 billion by end of April; FDIs increase by 5%

Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office des Changes (exchange office). These transfers are up 5.3% or 1.52 billion dirhams, said the Office in its monthly bulletin of foreign trade indicators for April 2022. The Office also […]

Arab League S.G to Step Down in July, Successor already Picked up

The Arab League will be choosing a new Secretary General in July after Nabil al-Arabi revealed that he had told the Egyptian Government not to renew his mandate. The Arab League is headquartered in Cairo and is traditionally headed by an Egyptian diplomat except for the eleven years that followed the Egyptian-Israeli peace treaty when […]

Algeria: Foreign Exchange Reserves to Fall to $116bln by End of 2016

The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]