Abdelilah Benkirane, secretary-general of Morocco’s Islamist Justice and Development Party (PJD) speaks during a new conference at the party’s headquarters in Rabat,

France urges all parties to Sahara conflict to return to round table process, reiterates support for autonomy plan

Despite the frost in Rabat-Paris relations, France has leant towards Morocco’s stance at the UN urging all parties, including Algeria, to resume the round tables process with a view to finding a political solution to the Sahara conflict, while stressing the pre-eminence of the autonomy plan. “I reaffirm the historic and straightforward and steady support […]

Texas-based Apache Corporation contemplates investing $1.4 billion in Egypt in 2024

Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]

Morocco: Tourism revenues drop by half up to November

Morocco’s tourism revenues dropped by 51% in the first eleven months of last year under the impact of the pandemic and travel restrictions, the finance ministry said. The drop was attenuated 76% a month earlier, thanks to arrivals by Moroccan expatriates. In terms of arrivals however, Morocco registered only 142,000 tourists, down 82% compared to […]