egy-sisi

Algeria: Foreign Exchange Reserves to Fall to $116bln by End of 2016

The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]

Libya, Saudi Arabia Forge Strategic Telecom Partnership

Libya’s Post, Telecommunications and Information Technology Holding Company signed a preliminary MoU on Thursday, December 11, with Saudi Arabia’s Technology Link Services for Telecommunications, signaling a push to strengthen regional collaboration in the telecommunications sector. The agreement, concluded during a meeting between the Libyan company’s Chairman Youssef Ibrahim Hussein and Saudi delegation leader Ali bin […]

Morocco advances domestic commerce modernization strategy with digital integration

Morocco’s domestic commerce sector participated in comprehensive discussions at Maamora near Salé, bringing together merchants, federations, professional associations, and private operators to address structural challenges within this essential economic sector. The gathering focused on formalizing retail operations while advancing digital integration across small-scale commerce, reported L’Economiste daily this Wednesday. Industry and Commerce Minister Ryad Mezzour […]