UAE-morocco business forum in LAAYOUNE

Algeria’s deepening domestic and diplomatic crises impact currency

Following years of unending diplomatic crises and worsening economic conditions at home, Algeria’s currency has fallen to unprecedented levels against the Euro in the country’s black market, the genuine metric for the country’s financial health. Demand on foreign currencies as an investment option surged due to uncertainties caused by the regime’s policies both at home […]

Over one hundred detainees involved in Rif Hirak & Jerada Protests pardoned

On the occasion of Eid Al Fitr, marking the end of the holy month of Ramadan, King Mohammed VI has granted royal pardon to 755 inmates and people sentenced by courts but benefitting from liberty. According to a statement issued by the Ministry of Justice on Tuesday, the list of the 755 pardoned inmates includes […]

Italy’s Eni announces oil, gas discovery offshore Côte d’Ivoire

Italy’s Eni said it found significant reserves of oil and gas offshore Côte d’Ivoire, with a specific well in particular having as much as 1.5 billion barrels of oil equivalent of potential resources. This will be Eni’s second big hydrocarbon discovery off the West African nation over the past few years following on from its […]