Shell will set up an office in Nouakchott to begin exploring hydrocarbons off shore the West African country. Under an agreement reached between the two parties, the oil and gas giant Shell shall begin exploration activities, starting with reprocessing and analysis of existing seismic data. “This move represents Shell’s entry into the West African Atlantic […]
An International Monetary Fund delegation is expected in Cairo this weekend to discuss a multibillion-dollar support program for cash-strapped North African country. The Egyptian economy has been hit badly by terror attacks and political unrests. The country has been suffering from severe foreign currency shortage since the beginning of the year. This was mainly because […]
For the fourth year in a row, Spain stands as the main trading partner for Morocco in 2016, Morocco’s statistics office said. Spain stands as Morocco’s main trading partner taking 23.3% of the total Moroccan exports and providing 15.7% of its imports in 2016, the same source added. The EU as a whole took 46% […]
