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Morocco’s Flag Carrier, Royal Air Maroc, has vehemently rejected the disrespectful statements pronounced by Algeria’s Foreign Minister, Abdelkader Messahel, who accused the company of carrying something other than passengers in an allusion to drugs. RAM said in a statement that the Algerian foreign minister’s blunder “reveals a complete ignorance of the air sector which is […]
Morocco’s trade deficit shrinks by 14.6% in first quarter 2024
Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]
CBL discusses dinar recovery with Oil ministry and NOC
Libya’s Central Bank (CBL) Acting Governor, Abdul Fattah Ghaffar, held a pivotal meeting with Oil and Gas Minister Khalifa Abdul Sadiq and National Oil Corporation (NOC) Acting Chairman Masoud Suleiman. The meeting’s venue was the Central Bank headquarters in Tripoli, medias reported on September 10. The purpose of this high-level discussion was to explore strategies […]



