North Africa Post
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Asia Business Headlines International Morocco

Morocco expects 200,000 Israeli tourists next year

North Africa Post

The number of Israeli tourists visiting Morocco is expected to rise from 50,000 to 200,000 as the two countries prepare to launch direct air links. Speaking to Israeli TV I24, Morocco’s tourism minister Nadia Fettah Alaoui confirmed the estimate, highlighting the bonds between Moroccan Jews in Israel and their ancestral land. The opening of direct […]
Emerging Markets Europe Finance Headlines International Morocco

EU makes €190 million financial contribution to post-quake reconstruction

North Africa Post

The EU has pledged 190 million euros in a new financial contribution to Morocco’s post-quake reconstruction efforts. An agreement was signed in that respect by the EU’s commissioner for the neighborhood Olivér Várhelyi and minister in charge of the budget Fouzi Lekjaa. The Commissioner said the EU has injected 5 billion euros in the Moroccan […]
Business Egypt Features Headlines

Egypt: BP to increase production by 100% with $12bn investment

North Africa Post

Country Manager Hesham Mekawi of British Petroleum (BP) Egypt has stated that the company will invest more than $12 billion in the country before the end of 2020 to unlock the country’s oil and gas potential. He was speaking at an energy conference in Alexandria. Egypt has been undergoing gas shortages and the government was […]