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Royal Air Maroc launches direct Casablanca-Munich route

Moroccan carrier Royal Air Maroc (RAM) inaugurated on Monday a new direct flight connecting Casablanca to Munich, marking a significant step in strengthening air connectivity between Morocco and Germany. The new route, to be serviced twice a week on Mondays and Fridays, serves as a strategic bridge between Morocco and Germany, aimed at boosting economic, […]

Algeria Resorts to Printing Press to Fix Budget Deficit

The Algerian government has resorted again to the printing press to inject in the market over 4,000 billion dinars, the equivalent of 20% of the country’s GDP, to deal with the 2018 budget deficit. The situation is likely to get worse in 2019, as the outlook for oil prices is rather pessimistic. Since 2014, economic […]

Egypt to become Mediterranean top gas producer

Italian gas and oil company producer ENI announced Sunday it discovered “the largest” natural gas field in the Mediterranean off the Egyptian coast, making Egypt probably the top gas producer in the region in the future. Egypt which is struggling to ensure enough energy supply to its millions-strong population may end its struggle with this […]