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Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017
Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]
Haiti inaugurates its embassy in Rabat, to open its consulate in Dakhla Monday
Haiti inaugurated Saturday its Embassy in Rabat, during a ceremony chaired by Haitian Foreign Minister Claude Joseph and his Moroccans peer Nasser Bourita. Claude Joseph announced, on this occasion, the opening of Haiti’s consulate in Dakhla, on Monday, a move reiterating the Caribbean country’s commitment to support Morocco’s efforts to defend its sovereignty and territorial […]
Morocco renews full solidarity with UAE after Houthis’ attack against Abu Dhabi
Morocco reiterated, on Sunday in Cairo, its full solidarity with the United Arab Emirates (UAE) following the heinous attack perpetrated by the Houthis and their supporters against the Abu Dhabi airport and the industrial region of Musaffah last Monday. This came during an extraordinary meeting of the Arab League Council, held at the level of […]



