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Tough Days Ahead for Algeria’s Currency

The health of Algeria’s currency, the dinar, has always been measured against oil prices. The end of the era of expensive oil in late 2014 has sent the dinar dwindling in value as Algeria continues to squander its oil mantra avoiding painful reforms to diversify its economy. Since the beginning of this year, the dinar […]

Egypt struggles to get a loan from the IMF

The International Monetary Fund (IMF) has announced that it will be holding back on negotiations for the $4,8billion loan to Egypt, because the country’s financial situation is worsening. It has decided to only continue with talks when it receives updated economic information and reform plans from the government. The freezing of negotiations which have been […]

Moroccan King’s strategic initiatives for developing countries highlighted at MICs conference in Manila

The strategic initiatives spearheaded by King Mohammed VI in favor of developing countries were highlighted at the ministerial conference of middle-income countries (MICs) held in Manila, Philippines, April 28 – 29. During the conference, marked by the official handover of the MICs Group chairmanship from Morocco to the Philippines, Morocco’s Permanent Representative to the United […]