The Egyptian pound weakened to a new record low against the US dollar on Thursday, extending its losses to 6.4 percent since the central bank introduced a new system of foreign currency auctions to curb a decline in foreign reserves. This came hours after Qatar announced that it is willing to pump in more money […]
The Kingdom of Morocco has emerged as the best business-friendly country in the Maghreb and the second in Africa in the US Forbes Magazine’s 2016 ranking of Best countries for Business. The new ranking highlights the North African country’s key investment areas. For the famous magazine, Morocco owes its remarkable progress and attracting potential to […]
Morocco was elected Monday member of the executive board of the Arab tourism council convened in the Saudi city of Al-Ahsa (328 km east of Riyadh). Bahrain, Jordan, Iraq, Egypt and Tunisia were also voted members of this board for a two-year mandate. The election took place during the 25th session of the Executive Bureau […]
