European Commissioner for Trade Phil Hogan and Moroccan minister of Industry MHE

Mauritania has officially become a gas-producing country

Mauritania has officially become a gas-producing country, as announced by the Minister of Energy earlier on December 31, 2024. The milestone was achieved with the opening of the first natural gas well at the Grand Tortue Ahmeyim (GTA) field, marking a decisive step in the development of this major cross-border energy project. The first drop […]

Egypt Registers Record $8.5 Billion USD Inflow in July Amid Remittance Surge

Egypt recorded its highest-ever monthly inflow of U.S. dollars in July 2025, reaching a staggering $8.5 billion, as announced by Prime Minister Mostafa Madbouly. This figure, which excludes volatile “hot money” investments, reflects robust economic confidence and includes a notable contribution from remittances—Egyptians working abroad sent over $3.6 billion in July alone. The surge in […]

France reaffirms readiness to back Morocco’s investments in Sahara

French minister in charge of foreign trade, Franck Riester, said his country “welcomes” and is “ready” to finance Morocco’s investments in the Sahara territory. His statement echoes that of French foreign minister who broke the ice in Rabat saying France welcomed the development effort led by Morocco in its southern provinces and is ready to […]