Bouteflika

King Mohammed VI chairs oath-taking ceremony of graduate officers, pays tribute to his late mother, Moroccan women

King Mohammed VI chaired in Tetouan on Wednesday the oath-taking ceremony of hundreds of newly commissioned officers into the Royal Armed Forces (FAR). During the event, marking the 25th anniversary of Morocco’s Throne Day, the King, as the Supreme Commander and General Chief of Staff of the FAR, emphasized, in an address to the new […]

Moroccan dirham widens gap with a weakening Algerian dinar

Over the past decade, the Algerian dinar has experienced a dramatic free-fall in value compared to the Moroccan dirham. In 2014, one dirham was worth ten dinars, but by 2024, this gap has doubled, with one dirham now equivalent to twenty Algerian dinars. This gap is not due to an appreciation of the dirham, which […]

Libya: Oil production reaches 1.3 million barrels per day

On October 14, Prime Minister Abdul Hamid Dbeibah announced a significant milestone for Libya’s oil sector, reporting that oil and condensate production had reached an impressive 1,305,059 barrels per day (bpd). This achievement is a testament to the resilience and hard work of national workers across various oil fields, as well as the strategic leadership […]