Mauritania Reports Strong Treasury Position Amid Rising Global Pressures

Mauritania has reaffirmed the strength of the country’s treasury, citing an increase in tax revenues of about 30 billion former ouguiyas in the first quarter of 2026 compared with the same period last year. The data were disclosed by Minister of Economic Affairs and Development, Abdallahi Ould Souleimane Ould Cheikh Sidiya, at a press conference […]

Financing of SMEs: Banks to Apply Lowest Interest Rates Ever

In implementation of King Mohammed VI’s instructions to make the banking system conducive to development and to lower the rate of interest on loans within the framework of the integrated program of support and financing of SMEs, it has been decided that the interest rate will not exceed 2%. In response to the wishes of […]

US companies eager to participate in Libya’s reconstruction

US companies expressed their eagerness to take part in Libya’s reconstruction including infrastructure and economy. This came during a virtual meeting Tuesday between the American Chamber of Commerce in Libya (AmCham Libya), the US envoy to the North African country Richard Norland, and American companies. Participants in the meeting exchanged views regarding the evolving political […]