Egyptian spy Ashraf Marwan

Morocco to Launch Gradual Dirham Float on January 15

The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]

Earthquake: King Mohammed VI expresses thanks to the rescue teams from Qatar, Spain, the UAE, the UK

King Mohammed VI has sent messages of thanks and gratitude to the leaders of the British, Qatari, Emirati, and Spanish rescue teams who have assisted with search and rescue efforts in the regions affected by the September 8 earthquake that struck Morocco. In separate messages to National Coordinator of the British International Search and Rescue […]

Russia, UK resume flights to Egypt after brief suspension

Egyptian aviation authorities announced Monday resumption of Russian flights to Cairo after Russian authorities banned flights to Egypt initially for many months. UK is to follow suit. Russian authorities have lifted the ban after the Egyptian authorities have produced security guarantees at Cairo international airport to sooth Russian fears for security lax which according to […]