Egypt was pinning great hopes on the International Monetary Fund (IMF) promised loan to boost its economy, stabilize the country and attract investors and tourists anew. The country is in dire need of this loan also to inject cash in the state’s reserves as foreign currency reserve can barely cover 3 months of imports and […]
Moroccan authorities foiled a smuggling attempt of 7 tons of cannabis resin (locally known as chira) as Morocco tightens grips of all sorts of trafficking on its southernmost border crossing of Guerguarate. The banned substance was concealed in a large truck bound to Sub-Saharan markets, the Moroccan police said in a statement. According […]
The US has severely criticized Algeria’s protectionism as detrimental to trade and to the development of Algerian enterprises and US exporters alike. The US rebuke was expressed by Myron Brilliant, executive vice president and head of International Affairs at the U.S. Chamber of Commerce who was speaking to the press in Algiers. “The US chamber […]
