Morocco’s Macroeconomic Conditions Propitious for Dirham Float

Morocco’s Central Bank announced that measures will be gradually taken to ensure a more flexible exchange rate of the Dirham amid promising macro-economic conditions marked by low oil prices and increasing demand on phosphates. The floating of the pegged dirham was encouraged by the IMF which sees in a more flexible exchange regime a move […]

Morocco, Spain Sign Triathlon Cooperation Agreement

A cooperation agreement was signed on Saturday in Larache between the Royal Moroccan Triathlon Federation (FRMTI) and its Spanish counterpart (FETRI), marking a new step in strengthening ties between the two countries in the field of triathlon. The agreement was sealed on the sidelines of the Larache International Triathlon, held from July 3 to 5, […]

Libya : UN proposes “presidential council” with independent personalities

UN has presented a six-point proposal to end the stand-off between the two rival governments in Tripoli but it is yet to be accepted. The plan entails a “presidential council” with two deputies and “independent personalities not belonging to any party or affiliated with any group” to oversee the transitional period of the country during […]