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Morocco officially picks Nador port for LNG import terminal
The Moroccan government plans to develop a liquified natural gas (LNG) infrastructure in the northeastern port of Nador, currently under construction. The announcement came in a gas infrastructure roadmap signed by Morocco’s equipment, interior, finance, and energy departments. The road map “is in line with Morocco’s steady commitment to foster its energy sovereignty and decarbonize […]
Morocco to boost its foreign exchange reserves with $650 mln from IMF
Morocco expects to add 650 million dollars to its foreign exchange reserves as part of $1.2 billion that will be offered to the country under the IMF’s Special Drawing Rights. The sum is to be unlocked by the IMF this August 23 after a historic approval by the IMF Board of Governors to allocate Special […]
EgyptAir to resume regular flights early July
Egypt’s national carrier, EgyptAirn is set to resume regular international flights early July as airports around the world begin to open up amid covid-19 pandemic. The airliner will fly to 24 destinations in the first week and will service more destinations later, Reuters reports. The destinations includes Europe (13), Africa (3), Middle East (4), North […]



