King Mohammed VI in Agadir Feb 4 2020

Libya’s E-Payments Surge, Central Bank Reports Record Digital Transactions

The Governor of the Central Bank of Libya, Naji Issa, has reviewed the latest performance indicators for the country’s electronic payment systems, highlighting sustained growth across multiple platforms. The assessment was conducted on Tuesday during an expanded meeting at the Bank’s Tripoli headquarters, attended by the general managers of several banks and directors of electronic […]

UN General Assembly reaffirms exclusivity of UN political process to resolve Sahara issue

The United Nations General Assembly adopted a resolution reaffirming its support for the political process conducted under the exclusive auspices of the UN Security Council for the resolution of the regional dispute over the Moroccan Sahara, and reiterating the definitive burial of the referendum. The General Assembly thus confirmed the resolution adopted by the 4th […]

Morocco’s Energy Bill Down 30% by July

Morocco’s oil and gas imports stood at 29.394 billion dirhams by July 2016 compared to 41.947 billion dirhams the same period last year, which is a significant 30% drop, Morocco’s exchange office said in its latest statistics. Yet, despite the drop in oil prices, Morocco’s commercial deficit deepened 7.5% as imports continue to exceed exports. […]