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Libyan Oil Revenues Increase to $14 bln in 2017

Libya managed to reduce its budget deficit in 2017 thanks to a sharp rise in oil revenues totaling $14 billion, the Libyan Central Bank said. The exponential increase in oil revenues up from $4.8 billion in 2016 is still much below the $50 billion registered in Libya before the fall of Gaddafi’s rule. The Central […]

Pan-African Parliament: Morocco contributes to building African Continental Free Trade Area

Morocco has contributed to the African Continental Free Trade Area (AfCFTA) through numerous socioeconomic integrated projects launched in several African countries to improve their infrastructures, industry, university & vocational training, health system, and strengthen their food & energy sovereignty. The remarks were made Monday in Johannesburg by Speaker of the Moroccan Parliament’s Upper House Enaam […]

Rabat and Rome agree to step up cooperation against terrorism, illegal migration & transnational organized crime

Morocco and Italy have agreed to strengthen further cooperation ties to counter common challenges, including terrorist threats, illegal migration and Transnational Organized Crime. The agreement was reached during the meeting held Tuesday in Rabat between Moroccan interior minister Abdelouafi Laftit and Italian peer Matteo Piantedosi. The two ministers discussed bilateral relations and regional issues of […]