Air Arabia

Egypt wavering over depreciation or depleting reserves

“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]

Morocco expects higher growth in 2026 but needs to address structural issues

Morocco’s draft 2026 budget projects an economic growth rate of 4.5%, a figure that outpaces the global average of 3% and far exceeds the European Union’s sluggish 1%. On paper, the outlook appears promising. In reality, however, the growth target masks deeper structural issues. “A 4.5% growth rate is insufficient to absorb the growing ranks […]

King Chairs Presentation on Schooling Program, Education Reform

King Mohammed VI, accompanied by his son and Crown Prince Moulay El Hassan and his daughter Princess Lalla Khadija, chaired Monday at the Royal Palace in Rabat, a ceremony during which Minister of Education made a presentation on the progress made in implementing the reform of education and training and the program devoted to backing […]