Ennahda Rached Ghannouchi

Moroccan Parliament strongly rejects resolution of European peer on migration

The Moroccan parliament has categorically rejected the content of a non-legislative resolution submitted by Spanish MEPs and adopted by the European Parliament saying Rabat used migrants in its crisis with Spain. While highlighting that the resolution was opposed by numerous members of the European Parliament, Moroccan lawmakers reiterated that the move was a scheme to […]

Morocco’s electricity utility kept bills stable despite surge in energy cost

Morocco’s electricity utility ONEE said it expects the cost of buying energy to more than double to 47.7 billion dirhams this year, from 22 billion dirhams last year, because of a surge in prices of fuel and coal in the international market. Speaking to MPs, head of ONEE said that this surge was not reflected […]

Libya Refuses Egypt Entry Into Market

Despite the surging interest, Libya continues to close its door to foreign banks on the basis that the legal framework is still under preparation. One of the latest banks to have its request rejected on numerous occasions by the Libyan Monetary Authority (LMA) is the National Bank of Egypt (NBE) according to reports. The NBE […]