Production in the Sharara oil field has increased to approximately 85,000 barrels per day (bpd) to support the Al-Zawiya oil refinery. The National Oil Corporation (NOC) had previously declared force majeure on the Sharara oil field after its shutdown on August 7. The NOC informed foreign partners and customers that this force majeure would not […]
Finance Minister Mohamed Benchaaboun said the economic impact of the coronavirus will continue to reverberate in 2021 as the government faces prospects of a sharp drop in revenue and higher spending. Tax revenue is expected to fall by 25 billion dirhams while additional spending should be mobilized to fund social landmark projects such as the […]
Hamid Chabat, a former factory worker and mechanic , has been elected Secretary General of the Istiqlal party, one of the most powerful political parties in Morocco. Nothing predestined this man, who started his career at the bottom of the ladder, to this spectacular rise except his boundless ambition that he started to kindle since […]
