State subsidies represent 90% of the resources of Moroccan political parties in 2015, the court of accounts said. The total financial resources of political parties in 2015 stood at 375.46 million dirhams, compared to 91 million dirhams in 2014 and 88 million dirhams in 2013, the court said in recent audit reports. The growth of […]
Libya’s National Oil Corporation (NOC) has announced a significant new oil discovery in the Sirte Basin, located in central Libya. The find was made by the Austrian energy company OMV through its Libyan branch, marking the firm’s first exploration activity in the region. According to the NOC’s statement released on Wednesday, October 29, preliminary tests […]
King Mohammed VI said Morocco is looking forward to further foster ties with Brazil after the election of Jair Bolsonaro as new President. in a congratulatory message to the new President, the King highlighted the friendly ties of mutual esteem binding Morocco and Brazil, and underscored willingness to work together with Bolsonaro to reinforce the […]
