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Algeria’s Trade Deficit Deepens to 14 bln Dollars
Algeria’s trade deficit slipped into 14 billion dollars in the first 8 months of 2016 because of the fall in oil revenues, propelling the government to draft an austere appropriation bill for 2017 with the introduction of new taxes in a bid to minimize losses. Algeria’s trade deficit worsened despite an 11% decline in imports […]
COP22: Australia To Open Embassy in Morocco To Foster Partnership
Australia’s top diplomat Julie Bishop said Wednesday in Marrakech that her country will open shortly an embassy in Rabat as relations between the two countries are gaining momentum. Julie Bishop is representing her country at the 22nd UN conference climate conference (COP22) convening in Marrakech from 7 to 18 November. Following her meeting with Moroccan […]
Libya: Haftar’s Forces Retake Lost Oil Terminals
Libyan forces aligned with renegade Field Marshal Khalifa Haftar Tuesday recaptured the two oil terminals lost to Benghazi Defense Brigades (BDB) earlier this month. The East-based army known as the Libyan National Army (LNA), defying the UN-backed Government of National Accord (GNA), lost Sidra and Ras Lanuf oil terminals on March 3 after BDB forces, […]



