omar hilale

Libya: Morocco to host another meeting of representatives of High Council of State & HoR

Representatives of Libya’s High Council of State and of the Tobruk-based Parliament are expected to meet on Friday Jan. 22 in the Moroccan city of Bouzkina (near Rabat) to discuss the appointment to several senior key positions, according several press reports. Libyan rivals held several meetings in the Moroccan cities of Bouznika, Skhirate and Tangier […]

Algeria slashes spending by 50% due to drop in oil earnings & Coronavirus impact

The Algerian economic model, which is depending heavily on oil & gas revenues, is seemingly crumbling. The new financial realities have shown that its former decade’s high spending is no longer possible with the rapidly depleting state coffers and widening deficit. Hit hard by a sharp drop in oil prices on the international and the […]

Mostafa Terrab Elected Chairman of International Fertilizer Association

The Board of Directors of the International Fertilizer Association (IFA) has elected Mostafa Terrab, Chief Executive of the Moroccan OCP group, as chairman of this global fertilizer association. Mr. Terrab becomes the first chairman from the African continent of the IFA in its 90-year history. His election to this post was made during the IFA […]