OCP joins world business ccouncil for sustainable development

South Sudan restores crude oil production and export via Sudan as force majeure is lifted

The South Sudanese government and key oil companies have jointly announced the resumption of oil production and export at its Blocks 3 and 7 in the Upper Nile State with an initial output target of 90,000 barrels of crude oil per day. In a joint statement Tuesday (7 January), they said that normal operations have […]

Bayt Mal Al-Quds Acharif Agency seeks to mobilize over $7 Mln for its projects in 2021

The Bayt Mal Al-Quds Acharif Agency seeks to mobilize over $7 million for the projects it plans to implement in 2021. In its annual report, the Morocco-based Agency,  stresses that it has programmed several projects amounting to more than $ 7.412 million and covering the sectors of social assistance (29%); protection of cultural and urban […]

IMF highlights resilience of Moroccan economy against external shocks

The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the medium term. “Economic growth has strengthened in 2023 thanks to the recovery in domestic demand and buoyant exports,” the IMF said in a statement the end of its Article IV […]