Tourist sites in Morocco

Egypt rejects reports about seeking $15b loan from IMF

Egypt’s Finance Minister Mohamed Maait has denied reports that the Arab Republic is seeking a $15 billion-loan from the International Monetary Fund (IMF) to shore up its finances. Goldman Sachs Group Inc. in a July report indicated that Egypt may need to secure $15 billion from the IMF to meet its funding requirements over the […]

Algiera’s Ruling Party Asks Ailing Bouteflika to Run for Fifth Term

Algeria’s ruling FLN party urged ailing President Abdelaziz Bouteflika to run for a fifth term despite his frail health, which made his public appearances a thing of the past. “FLN wants the president to continue his mission he started in 1999, as head of the state,” said FLN Secretary General Djamel Ould Abbes, at a […]

Moroccan RAM Airlines to Double Fleet by 2020

Morocco’s flag carrier, Royal Air Maroc (RAM), said it wants to increase its fleet two-fold from 50 planes currently to 120 by 2020. Speaking to Moroccan media, RAM’s CEO Abdelhamid Addou stressed that the new plane acquisition plan is part of the company’s strategy to boost its share of the African air transport market. In […]