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Beijing’s PetroChina Signs Deal to Purchase Libyan Oil
China’s largest oil and gas producer and distributor, PetroChina has signed up with the Libyan National Oil Corporation (NOC) to buy Libyan oil, few months after Shell and British Petroleum (BP) signed similar deals. The deal is the first ever since 2013, Bloomberg reports. The deal comes as oil production knows a revival following several […]
Morocco’s 2024 budget forecasts 3.7% growth, fiscal deficit at 4%
The Moroccan government expects an economic growth of 3.7% and a narrowing of the fiscal deficit to 4% next year, according to a draft buddget that was approved by a ministerial council chaired this Thursdau by King Mohammed VI. The earthquake that struck on Sept 8 had no impact on the macro-economic assumptions of the […]
Morocco Reaffirms Attachment to Neighborliness in Maghreb Region
King Mohammed VI who has stressed repeatedly the need for reinvigorating the Maghreb Union since his enthronement has expressed clearly Morocco’s willingness to transcend differences by opening a frank dialogue with Algeria. Algeria’s support for separatism in Morocco’s Sahara has poisoned relations between the two Maghreb heavyweights. Algeria has by the past rejected to open […]



