Several Medersas, mostly dating back to the fourteenth century, have been rehabilitated in the frame of the rehabilitation program of the old medina of Fez and will thus play again the role that was theirs in the past as educational institutions, specializing in Islamic religious sciences, Islamic law and Classical Arabic. King Mohammed VI, Commander […]
ConocoPhilips has announced the sale of its subsidiary in the North African country of Algeria in a deal worth more than a billion dollar. According to the announcement from the company, it has agreed to sell its Algerian business unit for a total of US $1.75 billion plus customary adjustments to Pertamina. The deal involves […]
Morocco’s Central bank decided on Tuesday to lift its rates by 50 basis points to 3 percent to counter inflationary pressures exerted both at the domestic and international levels. During its first meeting of 2023 held in Rabat, the Board of Bank Al Maghrib discussed the evolution of the national economic situation and the Bank’s […]
