Fitch Ratings gave Morocco ‘BBB-‘ rating with a stable outlook due to the country’s macroeconomic stability, comfortable external buffers and a low share of foreign-currency debt in public debt. The Moroccan government has prioritized social policies in the 2019 budget, said Fitch in a press release, noting that the country is planning an overhaul of […]
Tunisian Prime Minister Habib Essid amid growing criticism targeting his management of affairs appointed a new cabinet marked by 13 new entries including news secretaries at Foreign and Interior Ministries in a bid to boost efficiency. Most members of the former cabinet have kept their places following the reshuffle except handful of ministers including Foreign […]
Oil production for OMV, Austrian oil and gas group, has recovered in Libya adequately to reach its 2014 output target of 320,000 to 340,000 barrels of oil per day if it continues at current levels, according to OMV’s chief executive Gerhard Roiss. Libya has proved to be a difficult place for business especially for companies […]
