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Libya to remove oil and food subsidies
Oil minister Al Arusi has announced that they will be joining the campaign against the sensitive fuel market reforms and will also be scrubbing off oil subsidies, which take more than 10% of the budget, before the end of 2016. The decision to remove fuel subsidies on all types of fuel is blamed on smuggling […]
Critical Minerals: Morocco offers British investors business opportunities up to £55 billion
The UK government has invited investors to tap into the huge business opportunities offered in Morocco’s critical minerals (CM) processing, driven by surging global demand for electric vehicles and renewable energy technologies. A report published by the British Foreign Office and Department for Business & Trade says the North African Kingdom provides a £35 billion […]
Morocco’s economy to contract by 1.8% in the second quarter
Morocco’s gross domestic product is set to recede in the second quarter by 1.8% as the coronavirus and the measures relating to it halted most of services and hit sectors that are vital to foreign currency revenues, the high commission for planning HCP said. The economy is expected to grow only by 1.1% in the […]


