Moroccan High speed train

Dim Prospects for Algeria’s Gas Exports

Algeria’s gas production and export capacity is facing dim prospects with estimates the North African country to be a net gas importer of Liquefied Natural Gas (LNG) in two decades, warned the former Algerian energy minister Nordine Ait-Laoussine. Ait-Laoussine, who was speaking to Interfax Natural Gas Daily, said that politics and bureaucracy are contributing to […]

Post-election deadlock: Is a PJD, PAM rapprochement in sight?

Saad Dine El Othmani of the moderate Islamist PJD party, who was appointed by the King Head of the Government Friday, seems to have broken away with the methods and the tense rhetoric adopted by his predecessor Abdelilah Benkirane whose consultations to form a new cabinet ended with a political deadlock unprecedented in Morocco’s history. […]

Morocco’s Trade Deficit Widens to $20.5 bln in 2017

Morocco’s trade deficit deepened by 2.6% in 2017 to stand at 189.8 billion dirhams ($20.5 bln) compared to 185 billion dirhams in 2016, the Moroccan foreign exchange regulator (Office des Changes) said. Morocco’s exports increased by 9.3% to reach 244.9 billion dirhams, while imports rose 6.3% to 434.7 billion dirhams, the office’ recent data show. […]