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Algeria: Bejaia to have new oil port
Bejaia will be home to an oil terminal in 2015 destined to play a major role in the maritime area of Sidi Ali Lebhar according to the CEO of the Bejaia port company, Djelloul Achour. The project has obtained the Ministry of Energy and Mines approval and has been undertaken by Laboratory of Maritime Studies […]
Morocco to Receive $20 Million US Foreign Military Financing in 2026
Morocco, Washington’s longstanding ally and strategic partner, will receive $20 million in Foreign Military Financing (FMF) in 2026, according to a Bill passed lately by the U.S. House of Representatives. The American FMF program provides financial support to friendly foreign governments to fund the purchase of American weapons, defense equipment, services and training. The goal is […]
Morocco government seeks parliament approval for additional budget funding
The Moroccan government needs to increase its 2024 budget by 14 billion dirhams ($1.4 billion) to meet expenditures linked to subsidizing electricity prices and wage hikes, minister delegate in charge of the budget Fouzi Lekjaa said. In a presentation at the finance committee in parliament, Lekjaa recalled that the government has approved a decree to […]



