North Africa Post
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Related Articles
Headlines Morocco

Two Spaniards, two Moroccans arrested in possession of about 12 kg of gold

North Africa Post

Moroccan police nabbed two Spaniards and two Moroccans in the city of Casablanca for illegal possession of 78 gold bars weighing 11.7 kg. The men were nabbed in a car with a foreign license plate in the city of Casablanca on friday, on tip-off from the national security directorate (DGSN).   Police discovered in the […]
Egypt Energy Europe Headlines International

Egypt’s EGAS Signs $43m Oil Exploration Deal with Wintershall Dea

North Africa Post

The Egyptian Ministry of Petroleum & Mineral Resources signed a new agreement with the Egyptian Holding Company for Natural Gases “EGAS” and the German company Wintershall Dea to search for and produce oil and natural gas in eastern Damanhur area in the Nile Delta with a minimum investment of $43 million and $11 million grants […]
Finance Headlines Morocco

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

North Africa Post

Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]