dakhla-lagoon-at-high-tide

Libya: ISIL pushed back in Derna, Shura Council claims

The battle to push the Islamic State of Iraq and the Levant (ISIL) group out of Derna has been going on with the Shura Council of the city leading the charge. ISIL has been increasing the territory under its control in Libya but the Shura Council of Derna has claimed that it has forced it […]

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 […]

Mauritania-Spain: Agreement to Protect, Boost Investments

An agreement between Mauritania and Spain to protect and boost mutual investments came into force Thursday enabling both countries to expand economic cooperation. Signed on March 4, this agreement aims at scaling up bilateral economic cooperation. It also enables both countries to protect mutual investments by creating a legal framework for businessmen from both countries […]