M6-and-trump

Still Short of USD:Egypt’s Booming Foreign Currency Black Market

Egypt’s central bank has lately taken some exceptional steps to help the Egyptian pound and restrain the black market in foreign currencies. Despite the central bank’s effort, the currency black market is thriving around the country, which suggests that the limits of the economic recovery since the fall of ex-President Morsi in July last year […]

Morocco’s Trade Surplus with Sub-Saharan Africa hits 12 bln DH in 2016

Morocco registered a trade surplus in its trade with Sub-Saharan Africa, which jumped from 1.3 billion dirhams in 2008 to 11.9 in 2016, said Morocco’s Foreign Exchange Office. Morocco’s trade with Sub-Saharan African countries posted a steady growth averaging 9.1% during the 2008-2016 period, said the Office in a report on trade between Sub-Saharan Africa […]

Ukraine: RAM to operate special flights to repatriate stranded Moroccans

Morocco’s carrier Royal Air Maroc will service special flights to repatriate the Moroccans stranded in Ukraine. In coordination with Moroccan authorities, the national company will operate these flights from neighboring countries of Ukraine, whose air space has been closed, at “exceptional” fares “The company will schedule flights at exceptional prices from countries bordering Ukraine,” said […]