Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017

Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]

Libya: LPDF approves selection mechanism for temporary interim government, serraj’s militias reject the agreement

The Libyan Political Dialogue Forum (LPDF) approved on Tuesday the mechanism for selecting a new united executive authority for the entire country. The UN announced that the participants in the inter-Libyan dialogue have agree on a mechanism to select the future leaders of the transition government that will oversee the elections scheduled for December 24, […]

Qatar to send LNG to save Egyptian factories

Qatar will be sending five shipments of liquefied to Egypt as a donation in order to help it reduce the constraints on its industrial sector. The delivery is expected between July and September. The statement which was released by Qatar’s Energy and Industry Minister Mohamed al-Sada didn’t precise the quantity. Egypt’s natural gas shortage is […]