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Algeria blocks Maghreb-Europe pipeline revival despite European pressure

Algeria has reportedly rejected proposals to reopen the Maghreb-Europe Gas Pipeline (GME), despite months of lobbying by several European countries seeking to restore flows toward Spain, the Washington-based energy outlet Attaqa said. According to Attaqa, later echoed by Spanish media, Algiers dismissed multiple attempts to “test the waters” on resuming exports through the GME, which […]

King Mohammed VI Delivers Speech to the Nation on Throne Day

His Majesty King Mohammed VI, may God Assist Him, delivered, on Tuesday, a Speech to His faithful people on the occasion of the 26th anniversary of the Sovereign’s accession to the Throne of His glorious Ancestors. Here follows the full text of the Royal Speech: “Dear Citizens, Throne Day celebrations provide an annual opportunity to […]

Morocco’s growth to rebound to 4.5 pc in 2021; Kingdom to repay part of LPL in advance – IMF

Morocco’s GDP growth is expected to increase to 4.5 percent in 2021 as the effects of the drought and pandemic wane and monetary and fiscal policy remains accommodative, announced on Wednesday the International Monetary Fund. In a press release issued after concluding 2020 Article IV Consultation with Morocco, the IMF Executive Board also said that […]