Morocco Germany sign 2 agreements in Rabat feb 2019

Morocco’s King Urges IsDB Group to bolster Private Sector, Engine of Growth

King Mohammed VI has urged the Islamic Development Bank to help its member countries to diversify their economies and stimulate the private sector, a growth engine and a source for the creation of wealth. In a message to the 44th annual meeting of IDB Group, convening in Marrakech (April 5-6), the Moroccan Sovereign said most […]

Algerian Consumers’ Association Calls for Opening Oran-Oujda Air Link

Calls are mounting within the Algerian civil society for a normalization of ties with Morocco. This time the Algerian Consumers’ Association called for opening an air route between the eastern Moroccan city of Oujda and the Western Algerian city of Oran to ease traffic for many border families who are looking forward to visit their […]

Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns

Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]