koni

Morocco begins gradual cooking gas subsidies cut

Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]

Libya: Sharp Fall in Oil Output Sparks Concern of Western Powers

Libyan oil production is falling more sharply than expected, declining by 70 percent from pre-civil war levels due to continued instability and hostilities between armed groups. The situation has sparked serious concerns of Western powers. A joint statement issued by the French Government said five of its NATO allies have expressed concern about tensions near […]

Morocco & UAE determined to step up defense & military cooperation

Ways of enhancing further military & defense cooperation between Morocco and the United Arab Emirates were at center talks held Tuesday in Abu Dhabi between General Belkhir El Farouk, Inspector General of the Royal Armed Forces (FAR) & commander of the southern zone, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi & Deputy […]