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Libya: Tripoli, Khartoum Poised to Renew Ties
Libya’s Prime Minister Faiez Serraj Sunday agreed with his host, Sudanese President Omar Beshir, to warm bilateral ties following border dispute between the two Muslim countries. Khartoum had accused the forces of the self-proclaimed Libyan National Army (LNA) of Khalifa Haftar of backing forces opposed to Omar Beshir and using Sudanese mercenaries in the so-called […]
IFC injects $37 Mln in Morocco’s BLS Logistics Company
The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]
Morocco’s spending on subsidies more than halved in first quarter this year
Spending as part of the compensation fund subsidizing the prices of fuel, wheat, sugar, and butane gas more than halved to 4.5 billion dirhams in the first quarter this year, auguring well for state finances, according to the finance ministry. Subsidies including cash handouts to transport professionals stood at 44 billion dirhams last year due […]



