Omar bashir

Tunisia Cites Financial Strains and Supply Challenges in Al Borma Oil Output Decline

Tunisia’s Ministry of Industry, Mines, and Energy has clarified that the decrease in production at the Al Borma oil field stems largely from a natural annual decline of approximately 8 percent, compounded by operational hurdles linked to the financial difficulties of the Italo-Tunisian Petroleum Exploitation and Distribution Company (SITEP). Responding to a parliamentary inquiry by […]

Two US soldiers lost in southern Morocco, likely fell into the ocean

The two US soldiers who went missing on May 3 likely fell into the ocean as they have last been seen near a cliff in the vicinity of their training site in Cap Draa, as part of their participation in the annual African Lion war games, US and Moroccan officials told the media. US and […]

Morocco Launches First Financial Futures Trading, Milestone Derivative in Casablanca Stock Exchange

Bank Al-Maghrib and the Moroccan Capital Market Authority (AMMC) announced on Monday the start of futures trading in financial instruments with first listing of a standard futures contract on the MASI 20 equity index. A futures market is a regulated financial marketplace where participants buy and sell standardized contracts to deliver commodities or securities at […]