King Mohammed VI Calls for a New Social Contract

King Mohammed VI has called for a new social contract and outlined a roadmap for a complete overhaul of social dysfunctions, calling on the Government and all the stakeholders concerned to undertake an in-depth, thorough restructuring of national social welfare programs and policies. The call came in the speech of the Throne the king addressed […]

IMF gives go-ahead for $8 billion loan to Egypt

The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its review, the IMF noted that Egypt’s recovery was slowed by rising global inflation, foreign exchange shortages, and elevated debt levels. Egypt is also struggling with new challenges such as the […]

Morocco awards Canada’s Aya Gold & Silver Inc. seven new exploration permits

Canadian mining company Aya Gold & Silver is expanding the scope of its operations in Morocco where it has been granted seven new exploration permits located in a known copper-gold-silver-bearing area. Five permits located within the prolific Zgounder Regional area, increase Aya’s exploration land holdings from 112 km2 to 168 km2, while the two other […]