Monreal aviation

Hydrocarbon: ExxoMobil’s ESSO gets two offshore reconnaissance contracts in Morocco

Esso Exploration International Ltd., a subsidiary of U.S. ExxonMobil Corp., signed on Tuesday in Rabat two reconnaissance contracts with Morocco’s National Office of Hydrocarbons (ONHYM). These reconnaissance contracts cover the areas of Safi-Essaouira Offshore and Agadir-Ifni Offshore. The areas are located offshore the cities of Safi, Essaouira, Agadir and Sidi Ifni. The signing of these […]

Libya: ISIS digs for Gadhafi’s treasures in Sirte

Emerging reports have stated that ISIS in Libya is scouting for supposedly buried treasures, weapons and ammunition in the former Libyan leader’s home in Sirte. The extremist group has been using the town as its headquarters and local Alwasat media stated, citing residents, that the group militants, armed with drilling equipment, headed to Al-atat area […]

Morocco makes notable progress in financial inclusion, UN reports

Morocco has achieved significant progress in expanding digital financing and promoting access to financial services, according to a new United Nations Economic and Social Commission for Western Asia (ESCWA) report. The Kingdom, alongside Jordan and Egypt, stands out for implementing innovative regulatory reforms despite challenging regional conditions, as noted in the “Annual Review of Sustainable […]