Morocco& UAe sign cooperation agreement on Islamic affairs

Algeria: IMF Calls for Structural Reforms

Algeria needs to adjust to the shock created by the oil prices collapse by intensifying fiscal consolidation and speeding up implementing some structural reforms. “Opportunity to reshape Algeria’s growth model should be seized now, before a more rapid adjustment becomes unavoidable.” The statement was made by a delegation of the International Monetary Fund (IMF) at […]

Egypt, Israel Seal $15 bln Gas Deal

Israeli Delek Drilling company announced that it signed a $15 billion agreement to export gas to Egypt, a deal described as most significant since 1979. The agreement reflects the deepening strategic ties between the two countries as well as Cairo’s ambitions to become a regional energy hub. Israeli Prime Minister Benjamin Netanyahu welcomed the agreement […]

Morocco, Israel want closer cooperation

Morocco and Israel signed three cooperation deals covering political consultation, culture and air services as the two countries aspire to expand ties following the resumption of diplomatic ties last December. The accords were signed by Israeli Foreign minister Yair Lapid and his Moroccan peer Nasser Bourita. Lapid is expected to have talks with tourism minister […]