ocp Morocco

Islamic finance booming in South East Asia

According to a report published by Ernst & Young’s Global Islamic Banker of Excellence, global demand for Islamic bonds could triple to $900bn by 2017. This expected rise is partly driven by the fact that conventional investors look to securities backed by tangible assets. South East Asian economies, especially Malaysia is pushing to play the […]

Algeria will not renew gas pipeline deal with Morocco, Spain

Algeria announced that it will abandon a gas pipeline that supplied Spain via Morocco in a hostile act that followed the severance of diplomatic ties with Rabat.   Moroccan officials rely on the pipeline to power two electricity plants in the north, but the decision would do little damage as the Kingdom foresaw the move. […]

Egypt: Constitutional committee wants new Presidential mandate

Egypt’s interim government could stay longer in power than expected after members of the constitutional committee suggested that the President should retract on 8th July constitutional declaration. The committee is mandated to revise and amend the 2012 constitution but it now wants to draft a new constitution. A “public opinion” campaign will be organized to […]