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Israeli Foreign Minister in Morocco to expand ties
Israeli Foreign Minister Yair Lapid is expected this Wednesday in Morocco for a two-day visit during which he will meet his Moroccan peer and sign cooperation agreement. Lapid will also inaugurate the new Israeli liaison office in Rabat after the two countries agreed to resume their diplomatic ties last December. The visit, the first by […]
Morocco’s External Debt Rises to 313 Billion Dirhams in June 2016
Morocco’s external debt reached 312.9 billion dirhams by June 2016 up from 301 billion dirhams by the end of 2015, Economy and Finance Ministry said in its latest statistics. Public institutions took 52.9% of Morocco’s total external debt, followed by the treasury with 46.8%, while banks and local collectivities accounted for the remaining 0.3% of […]
Algeria: new petroleum draft bill ready for approval – Minister
Algeria’s Minister of Energy Mohamed Arkab has announced that the final version of a new hydrocarbon law has been drafted and will be submitted to authorities for approval. OPEC member Algeria relies heavily on oil and gas, which account for 60 percent of the budget and 94 percent of its export revenue, despite promises to […]



