Egypt to Receive IMF Bailout

An International Monetary Fund delegation is expected in Cairo this weekend to discuss a multibillion-dollar support program for cash-strapped North African country. The Egyptian economy has been hit badly by terror attacks and political unrests. The country has been suffering from severe foreign currency shortage since the beginning of the year. This was mainly because […]

Two Norwegians Deported from Morocco Returned to the Kingdom to Ignite Premeditated Incident

The two Norwegian students expelled lately from Morocco were “deliberately” sent back to the Kingdom to provoke an incident, catch the attention and stir the emotion of the Norwegian people, says a press release issued by the Moroccan Embassy in Oslo. Following the news published by Norwegian newspapers on the arrest and deportation of two […]

Morocco to redirect IMF-World Bank annual meetings equipment to quake-hit areas

Morocco will use the material deployed during the IMF-World Bank meetings to equip schools in the quake-stricken areas, finance ministry official and coordinator of the meeting’s logistics Mohamed Khamoudi said. The event drew 12,000 participants in a covered area of some 23 hectares in Morocco’s tourist hub Marrakech. The education ministry said it was already […]