The OPEC Fund for International Development (OFID) will contribute $14.3 to the funding of the second phase of the Front-End Engineering Study (FEED) of the Nigeria-Morocco Gas Pipeline project. The legal documentation relating to the $14.3 million financing granted by the OPEC Fund to the National Office of Hydrocarbons and Mines (ONHYM) was signed Friday […]
Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]
Members of a high-level delegation from the Washington Institute for Near East Policy (WINEP) on Tuesday said that they were “impressed” by the remarkable development momentum in the Dakhla-Oued Eddahab region, as well as the projects launched in various fields. The delegation members, currently on a working visit to Morocco, expressed their admiration for the […]
