Protests in Egypt

Maghreb-Europe Gas Supply: Algeria shows it is not a reliable partner for Europe

The Algerian regime has proved once again that it is not a reliable partner for Europe by deciding unilaterally to close the Maghreb-Europe gas pipeline, said Aymeric Chauprade, a former Member of European Parliament. This 1,400 km long pipeline, which was inaugurated in 1996, used to supply Spain with natural gas via Morocco. After cutting […]

Morocco’s trade deficit expands due to expensive energy imports

Morocco’s trade deficit up to June surged to 150.5 billion dirhams or 14.6 billion dollars as the country sustains a heavy energy bill on the back of soaring commodities prices. The trade gap expanded 48.7% as the domestic economy recovers and demand grows on imports of semi-products and equipment required by the local industry increase. […]

U.S. Defense Department Approves TOW Missiles Sales to Morocco

The U.S. Department of Defense approved the sale of TOW 2A missiles to Morocco for a total cost of $108 million. The deal was cleared by the department’s Defense Security Cooperation Agency to sell Morocco the TOW anti-tank missiles as part of the Kingdom’s modernization of its ground forces with the acquisition of cutting-edge armament. […]