The diplomatic tussle between Algiers and Rabat is showing no signs of dying down after the Algerian foreign minister urged Moroccan authorities to be up to the task. Minister Ramtane Lamamra called on Morocco to act accordingly after a trespasser scaled the Algerian consulate walls in Casablanca and tore its flag. Morocco and Algeria are […]
Libya’s state-owned National Oil Corporation (NOC) accused the Tobruk-based government led by Prime Minister Thinni of stopping the state from earning the much needed revenue from oil sales by blocking loading at the Marsa al Hariga port. Tripoli-based NOC warned in a statement that stopping the exportation of oil will heavily impact the value of […]
Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]
