palermo conference

Algeria wants to apply new investment code in archaic business climate

The Algerian government has made much fuss about an incoming investment code which analysts see as a cosmetic measure that fails to address the real issues that make Algeria a very unfriendly foreign investment destination. A copy of the draft of the new code was unveiled last week copying much of a similar code that […]

Turkey and Iraq to discuss Kurd oil deals

Iraq’s Foreign Minister Hoshyar Zebari will be on a working visit to neighboring Turkey as both countries continue to reinforce their bilateral relations. Ahead of his arrival on Friday, Turkish Energy Minister Taner Yıldız said that they are implementing projects worth billions of dollars in Iraq and willing to continue abiding by its rules. During […]

Morocco’s African trade surplus drops to 7.2 billion dirhams

Morocco maintained a trade surplus with Africa in 2024, though it declined significantly to 7.2 billion dirhams from 12.6 billion dirhams the previous year, according to the Foreign Exchange Office’s annual report on Morocco’s foreign trade. The deterioration stems primarily from an increased trade deficit with Egypt, which widened by 3 billion dirhams, combined with […]