King Mohammed VI africa

Libya targets refinery overhaul to cut fuel imports, strengthen economy

The Chairman of the National Oil Corporation, Masoud Suleiman, has identified the expansion of domestic fuel production as a strategic lever for revitalizing Libya’s economy, warning that ageing refinery designs, obsolete technologies and weak output have widened the gap between local supply and demand. He said Libya’s five basic refineries have a combined capacity of […]

Morocco’s Central Bank Signs Cooperation Deal with Dubai Financial Services Authority

Morocco’s Bank Al Maghrib (BAM) and Dubai Financial Services Authority (DFSA) have agreed on Wednesday in Rabat to strengthen cooperation in financial services and in enhancing investors’ confidence. Inked by Abdellatif Jouhari, Governor of Bank Al Maghrib, and Chief Executive of the DFSA, Bryan Stirewalt, the agreement provides for coordination and cooperation between the two […]

Tunisia: Super High Network Services

A four year agreement to build a broadband access network which will bring high-speed Internet access and high-quality voice and video services to millions of Tunisians has been announced by the largest provider of wireless communications in the country, Tunisianain partnership with Alcatel-Lucent. Tunisiana is hoping to launch commercial services early next year and Alcatel-Lucent […]