Inter Libyan dialogue final declaration oct 6 2020

Egyptian Tourism Bets on Campaigns to Boost Sector

Egyptian tourism professionals pin high hopes on campaigns to revitalize the sector which has been badly hit by repeated terror attacks that scared off foreign tourists. In 2014, nearly 10 million tourists visited the North African country, bringing with them $ 7.5 billion in revenues against the 14.7 million tourists that visited Egypt in 2010, […]

Morocco-EU Fisheries Agreement: Polisario’s Complaint Rejected by EU Court

The Algeria-backed Polisario has suffered a new defeat in the European Union Court of Justice. A ruling of the court, rendered on July 19, has rejected an appeal lodged by the separatist front in 2014 against the Morocco-EU fisheries agreement and slammed it as ineligible to lodge such an appeal. After the Court’s rulings issued […]

Morocco to introduce secondary market for non-performing loans

Morocco’s central bank has prepared a draft law that would set up a secondary market in which non-performing loans, currently at 9.8 billion dollars, can be sold, in a move that will boost banks’ liquidity. The news was announced by director general of the central bank, Bank Al Maghrib, Abderrahim Bouazza, who said non-performing loans […]