Role of Royal Atlantic Initiative in Sahel countries’ development highlighted at UN Conference on Landlocked Developing Countries

The Royal Atlantic Initiative enabling landlocked Sahel countries to have access to the Ocean strengthens South-South and triangular development projects that effectively contribute to improving the lives of beneficiaries and enhancing their development capacities. The remarks were made by Omar Hilale, Morocco’s permanent representative to the UN and President of the 22nd session of the […]

Algeria misses out on global gas price surge due to long‑term contracts

Algeria is not benefiting from the sharp rise in international gas prices triggered by the conflict in the Gulf, as the country continues to sell most of its natural gas under long‑term supply contracts rather than on the spot market. While spot LNG benchmarks in Asia and Europe have soared to crisis levels, Algeria’s gas […]

Moroccan Economy Posts 4.6% Growth in 2017

Moroccan economy grew by 4.6% in 2017 compared to 1.2% in 2016 on the backdrop of an improvement of the indicators of the agricultural sector. Abundant rainfall boosted the agricultural value added to 15.4% in the first three quarters of 2017 compared to -12.5% the same period in 2016, Economy and Finance Minister Mohamed Boussaid […]