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Oil prices edge higher amid Libyan supply concerns

Oil prices saw a modest rebound on Thursday August 29, recovering from two consecutive sessions of declines. This uptick was largely driven by renewed concerns about potential disruptions to Libyan oil supplies. Brent crude futures increased by nine cents, or 0.11%, reaching $78.74 per barrel. Similarly, U.S. West Texas Intermediate (WTI) crude futures climbed by […]

Morocco’s Handicraft Sector Shifts Gears From Social Safety Net to Economic Engine

Morocco is reshaping the way it views and manages its artisanal sector — moving decisively from treating it as a social support mechanism toward positioning it as a genuine driver of national economic wealth and export growth. The sector’s current scale is already impressive. Artisanal activity contributes approximately seven percent of Morocco’s GDP and employs […]

Libya to increase oil production to 2 million b/d

Libya’s state-run oil company, National Oil Corporation (NOC), plans to increase oil production to 2 million barrels per day as most of the country’s oil fields resume operations. Chairman of NOC, Farhat bin Qadara, said a medium-term plan will be outlined to achieve this goal, which will extend from three to five years and that […]