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Libya: Moroccan BMCE Bank set to attract new investors

Libya’s National Oil Corporation (NOC) announced a deal with Morocco’s Banque Marocaine du Commerce Exterieur (BMCE) to attract new investors in a move defined as slap for the UN-backed Presidential Council. NOC head Mustafa Sanalla signed a Memorandum of Understanding (MoU) with BMCE’s Ibrahim Benjelloun Touimi in Vienna on Friday making the Moroccan bank one […]

Morocco’s presence in World Cup extends beyond football

Morocco has lent Qatar a helping hand to secure the World Cup besides the contribution of its citizens in the artistic promotion of the event. Some 6000 Moroccan security staff have travelled to Qatar to help the country ensure the World Cup takes place in best conditions. Qatar has also hired security officials from the […]

Tunisia’s economic outlook dims as President rejects IMF conditions

Cash-strapped Tunisia continues to face headwinds in its quest to obtain a lifeline $1.9 billion credit from the IMF whose conditions are now openly rejected by authoritarian president Kais Saied. Saied was outspoken in rejecting the IMF conditions for Tunisia to cut subsidies in order to improve public finances. Saied’s statement adds to the fierce […]