arrest of drug dealer

Algeria’s Sonatrach to lose fuel contract monopoly in Lebanon

Lebanon has decided to diversify its oil suppliers from 2021 after main supplier, Algeria’s Sonatrach, was accused of providing the Middle East country with adulterated fuel. Lebanon Energy Minister Raymond Ghajar told Bloomberg that the Lebanese government has opted to multiply for the next coming three years its fuel suppliers. “We would prefer to have […]

EIB pledges €1 Bln support for Morocco’s post earthquake reconstruction

The European Investment Bank has pledged to lend Morocco €1 billion over the next three years to support the country’s efforts to rebuild the public infrastructures affected by the powerful & deadly earthquake that hit Al Haouz region on Sept.08, 2023. The first tranche of the loan (€ 500 million) was signed lately in Rabat […]

Morocco’s tax revenues surge 19.1% in first half of 2025

Morocco’s tax revenues rose by 19.1% in the first half of 2025, reaching 186.34 billion dirhams (MMDH), driven primarily by corporate income tax (IS) receipts, which soared 34.7% to 55.98 MMDH. This increase is largely attributed to payments linked to the 2024 fiscal year, the reference year for provisional installments. The rise comes despite a […]