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Egypt’s General Authority for Investments & Free Zones takes WAIPA Regional directorship for MENA region

Egypt’s General Authority for Investments and Free Zones (GAFI) has been elected as regional director of The World Association of Investment Promotion Agencies (WAIPA) in the Middle East-North Africa region, at the 27th World Investment Conference (WIC) of the leading global body representing government agencies in charge of attracting inward investment, held in New Delhi. […]

Morocco’s trade deficit eases by 18.2% in July

Morocco’s trade deficit in the first seven months this year eased by 18.2% as foreign demand on Moroccan industrial exports curbs imports, the foreign exchange office said. The office also cited a significant drop in energy imports triggered by lower prices in international markets. By July, Morocco’s energy imports slid 31, while equipment purchases dropped […]

Libya: Political Deal Reached in Morocco, Major Stride towards Peace

The political agreement signed by several Libyan negotiators in Morocco this weekend is a breakthrough towards a lasting peace in the North African country, although the Tripoli-based General National Congress has not initialled yet. Libya, which has been rocked by violence and fighting between rival armed groups competing for power since the fall of Gadhafi […]