Morocco is preparing to launch a tender this summer to build a floating regasification unit in the port of Nador West Med, an energy ministry official said. A financial close is expected in 2025, with construction and entry into service seen in 2026, the official in charge of oil and gas at the ministry was […]
Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]
About 500,000 tourists visited Egypt during the first quarter of 2021, bringing to the country between $600-800 million in tourism revenues, reports say. Egypt re-opened its border for international flights in June last year amid the pandemic which forced the country to close its borders like the majority of other countries around the world. Sky […]
