Libya’s warring factions agreed on Monday to stop hostilities after nearly a week of deadly clashes south of the capital Tripoli. Under the truce, brokered by Bani Walid social council, fighters from the Tripoli Protection Force and the Seventh Brigade agreed to return to their respective cities. Fighting between the armed groups erupted last Wednesday […]
Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]
Morocco has bolstered its leadership in renewable energies with the inauguration of the fourth and final stage of the Noor Solar plant complex in Ouarzazate with a 582 MW total capacity. King Mohammed VI launched works to achieve the fourth phase, which uses photovoltaic (PV) technology to produce electricity. The site will have a capacity […]
