Egyptian army

France begins Iran “new era” with presidential invitation

France’s foreign Minister Laurent Fabius was in Iran on Wednesday for a one-day landmark visit during which he extended President Hassan Rouhani an invitation from ¨resident François Hollande to visit France in November. Paris adopted a tough position against Iran during the negotiations for the nuclear agreement but Fabius is confident that his “important trip” marks the […]

Tanger Med Port continues to be leading Mediterranean port

Tanger Med Port has seen volumes handled up 10% in the first quarter this year, compared to last year when it posted a record performance both in terms of containers and tons, wrote Le Monde. The port continues to be the largest in the Mediterranean, outperforming competitors such as Barcelona and Algeciras, the French daily […]

Morocco rules out drawing on IMF credit line, eyes gradual currency reform

Morocco has no plans to tap funds available under its Flexible Credit Line (FCL) arrangement with the International Monetary Fund, Finance and Economy Minister Nadia Fettah Alaoui said. The IMF approved a new two-year FCL agreement for Morocco on April 2, 2025, worth 3.45 billion Special Drawing Rights (SDRs), or about $4.5 billion, replacing a […]