Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked by low oil prices and increasing demand on phosphates. The floating of the pegged dirham was encouraged by the IMF which sees in a more flexible exchange regime a move […]
King Mohammed VI, President of the Al-Quds Committee, has given his instructions for the dispatching of emergency humanitarian aid to the Palestinian populations. This aid includes significant quantities of foodstuffs, medical supplies, and water, a statement released this Monday by the Foreign Ministry said. The modalities of sending this emergency assistance will be […]
Egypt, the Palestinian Authority (PA) and Israel have agreed to develop the Palestinian gas field off the coast of Gaza, Israeli Public Broadcaster Kan revealed Tuesday. The profits from the gas field will go back to the PA and Israel, with Egypt mediating between the parties in an effort to improve the financial situation […]
