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Algeria: Foreign Exchange Reserves to Fall to $116bln by End of 2016
The fall in oil prices has taken a toll on Algeria’s foreign exchange reserves, which are expected to decline to $116 billion, Algria’s Prime Minister Abdelmalek Sellal said. At a context of a long-term slump in oil prices, the Algerian government is planning further cuts to curb spending over the next few years after the […]
USA-Morocco: Decentralized Cooperation, a ‘Complement’ to Diplomatic, Economic Partnership (US Official)
Special Representative of the US State Department for City and State Diplomacy, Ambassador Nina Hachigian, highlighted the importance of decentralized cooperation as a complement that strengthens the strategic partnership between Morocco and the United States, welcoming in this regard the contribution of the United States Conference of Mayors, whose President Andrew Ginther led a delegation […]
African Ambassadors hail credibility, boldness of Royal Atlantic Initiative
Ambassadors from several African countries hailed, Wednesday in Dakhla, the “credibility” and “boldness” of King Mohammed VI’s initiative to promote Sahel countries’ access to the Atlantic Ocean. “Despite the security challenges facing Sahel countries, Morocco, through the Royal Initiative, strives to make the Atlantic coast a large-scale economic integration center,” they stated during a panel […]



