Moroccan economy

Relaxation of UN embargo on arms exports to Congo hailed as ‘injustice righted’

The United Nations Security Council has just adopted a resolution relaxing the embargo on arms exports to the Democratic Republic of Congo (DRC), a decision hailed by Kinshasa as an “injustice repaired”. The resolution removes language that previously required countries to inform the Security Council and its 15 members of any sale of arms or […]

Morocco to edit its 2020 appropriation bill, prepares post-covid economic recovery plan

Morocco will review its 2020 appropriation bill in light of the macro-economic disruptions caused by the coronavirus and in preparation for the post-virus era, the economic monitoring committee said. The Committee, set up to address the consequences of the virus on the economy, said in its sixth meeting it will look into the cases of […]

Egypt Strives to Attract Foreign Investment

The Egyptian government is putting the final touches on new foreign direct investment (FDI) council to be launched very soon in a bid to drain more foreign capital needed by the North African country to support its battered economy. President Abdel Fatah al-Sisi has given green light for setting up a Higher Council for Investment. […]