Rand

Morocco receives record 12.3 million tourists in 2018

Morocco closed 2018 with a record number of 12.3 million tourists visiting the country, that is an 8.3% rise compared with 2017, the tourism ministry said. Tourism revenues rose to 73.15 billion dirhams in 2018, from 69.7 billion dirhams in 2017, making the sector one of the main sources of hard currency for Morocco. With […]

Tunisia: shepherd beheaded near Algerian border

The corpse of a shepherd believed beheaded by terrorists was found Sunday in the mountains of the Kasserine governorate.   The decapitated body of the young man from Hassi El Frid (Kasserine governorate) was found Sunday afternoon by his family in the closed military zone in Mount Salloum, the victim’s uncle Nejib Dhibi told TAP. […]

Egypt pulls debt sale plug

Egypt has decided to call off its first debt sale after a rating cut at Standard & Poor’s raised borrowing costs and as Fitch Ratings warned against delaying an International Monetary Fund loan beyond January. The local currency is continuing on its journey of unprecedented deprecation. The sale which was supposed to take place was […]