Moroccan journalist Omar Radi

Algeria’s Foreign Reserves Shrink to $112 Bln

In a pessimistic tone that bodes ill for Algeria’s economic prospects, Algerian Prime Minister Abdelmalek Sellal announced yet a new slump in the country’s foreign exchange reserves, which currently stand at $112 billion. As Algeria’s revenues continue to be battered by the slump in oil prices, Sellal, who was speaking in Annaba at a meeting […]

Morocco’s Industrial Output Slips in Early 2026 as Manufacturing Contracts

Morocco’s industrial, energy and mining production started 2026 on the back foot, with official data pointing to a broad-based decline across the country’s main productive sectors. According to figures from the High Commission for Planning (HCP), the index of manufacturing industries excluding oil refining contracted by 1.4 percent in the first quarter of 2026 compared […]

Libya: Two NOC Staff Killed in Suspected ISIS Attack

Two staff members of the National Oil Corporation (NOC) were killed Monday after ‘masked’ men allegedly associated to the Islamic State group (ISIS) attacked the Tripoli-based headquarters of the critical institution still ensuring revenues to the country. Several men reportedly stormed the glass-fronted building of the institution managing the country’s oil industry. Gunfire and explosions […]