libyan bashaga

WB Lends Morocco $55 Mln for Youth Employment in Marrakesh-Safi Region

The World Bank has approved a $55 million loan to Morocco to enable the country develop youth employability programs in the Marrakesh-Safi region within the frame of a new project destined to provide economic support to youths. This project will combine training for lower skilled youth, support potential entrepreneurs and investments in local businesses in […]

Libya: Washington Sanctions Alleged IS Financial Sponsors

The US Treasury Department Thursday placed sanctions against six high profile terrorists among whom Salmi Salama Salim Sulayman ‘Ammar, known as IS money facilitator and presentative of the Sinai-based IS’s offshoot terrorist group Ansar Bayt al-Maqdis (ABM) in Libya. The sanctions are part of US strategies meant to “disrupt the fundraising and support networks of […]

Morocco to Put Luxury Jewel La Mamounia on Sale in 2019

The Moroccan government has officially listed La Mamounia five-star hotel among the public companies on sale in 2019. The hotel is majority held by Morocco’s train office ONCF and was along with Tahaddart power Plant included in the list of companies to be sold in 2019. Since it was established in 1923, La Mamounia became […]