King Mohammed VI has announced clear directives for the revision of Morocco’s Family Code, underlining the need for a balanced and holistic reform that aligns with the country’s religious precepts and contemporary social needs. In a meeting held at the Royal Palace in Casablanca this Monday, the king instructed the government to communicate the details […]
The IMF has approved a flexible credit line worth $4.5 billion to help Morocco cushion against external shocks. The two-year arrangement will be treated by Moroccan authorities as precautionary, the IMF said in a statement. “The Moroccan economy has shown a sustained track record of implementing very strong policies and remarkable resilience to recent shocks, […]
Oil & Gas exploration company Kosmos Energy has announced the discovery of a major gas discovery offshore Mauritania in the BirAllah area while conducting drilling in Orca-1 well. Located approximately 125 kilometers offshore Mauritania, the well is estimated to have about 13 trillion cubic feet of gas. Commenting this new gas discovery, Kosmos […]
