Egyptian currency

IMF Hails Morocco’s Reforms towards a More Inclusive Economy

The International Monetary Fund (IMF) is “impressed” by Morocco’s determination to pursue its structural reforms and endeavors to make its economy more inclusive, said Wednesday in Rabat IMF Managing Director, Kristalina Georgieva. She cited as an instance the new development model being elaborated by a special committee and the Integrated Program for Enterprise Support and […]

Investment opportunities in Morocco outlined during US-Africa Business Summit

Investment opportunities in Morocco and the strength of the strategic partnership binding the Kingdom and the United States were highlighted during a roundtable discussion held in the city of Arlington, Texas (South), on the sidelines of the U.S.-Africa Business Summit which runs through May 9 in Dallas. Addressing the panel, Morocco’s ambassador to the United […]

Libyan oil to Cairo on soft terms

Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but on interest-free credit for a year to Egypt, in order to save the country from fuel shortages with the government finding it difficult to honor energy importation dues. These importations […]