Libya’s National Oil Corporation (NOC) announced this December that it has transferred over $14.8 billion in oil revenues to the Central Bank of Libya since the beginning of 2024. This substantial amount was sent through 23 separate transactions, highlighting the vital role of oil in sustaining Libya’s economy. According to the NOC’s statement, the precise […]
Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]
Morocco’s education ministry is set to ban niqab at schools because it deems that the dress hinders communication and obstructs the achievement of pedagogical aims. The Moroccan press reported that the decision comes after several female teachers were given warnings to remove the full-face cover. Last January, Moroccan authorities have warned tailors and vendors of […]
