Algerian Army

Noble Energy makes oil discovery off Equatorial Guinea

Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the US company expecting to produce new oil by October, the oil minister said on Tuesday.   According to Gabriel Obiang Lima, minister of hydrocarbons and mines, the government is excited to announce the discovery, “which could not have come at […]

Fitch Agency keeps unchanged Morocco’s money market fund ratings

The new Moroccan fund regulation is expected to be credit neutral to Fitch-rated Moroccan Money Market Fund (MMF) ratings, the global ranting agency says in a press release. On 21 October 2025, Morocco’s Chamber of Representatives adopted Project/Law No. 03.25, a reform of the regulatory framework for collective investment undertakings in transferable securities (OPCVMs). The […]

IMF Confirms Morocco Qualification for PLL

The Executive Board of the International Monetary Fund (IMF) has completed its 3rd and last review of Morocco’s economic performance under a program supported by a two-year Precautionary and Liquidity Line (PLL) arrangement, and reaffirmed Morocco’s continued qualification to access PLL resources. The current two-year PLL arrangement in an amount equivalent to SDR 3.2351 billion […]