Sisi

COVID-19: IMF vows to remain closely engaged with Morocco

The International Monetary Fund has vowed to remain closely engaged with Morocco as the authorities address the impact of the coronavirus pandemic. This came in a communiqué issued by the IMF confirming that the North African country drew the $3 billion available resources under the arrangement. The authorities will use funds purchased under the PLL […]

Morocco-Nigeria Gas Pipeline: $25 Bln Fundraising Launched for the Project

Morocco’s hydrocarbons & mining agency is accelerating the Nigeria-Morocco gas pipeline project with the launching of a $ 25 billion fundraising for this pipeline, according to press reports. This is the first funding initiative launched by the Office National Des Hydrocarbures & Des Mines (ONHYM) since its reorganization into a public limited company in February. […]

Washington-Rabat co-sponsored UN Resolution on AI, a historic step toward fostering secure systems

The United States has commended the adoption by the United Nations General Assembly of the first UN resolution on artificial intelligence (AI), which was initially sponsored by Morocco and the U.S.A. The resolution, co-sponsored by over 120 countries by the day of its adoption, “is a historic step toward establishing clear international norms for AI […]