second oil & gas summit

Morocco’s Trade Deficit Widens to $20.5 bln in 2017

Morocco’s trade deficit deepened by 2.6% in 2017 to stand at 189.8 billion dirhams ($20.5 bln) compared to 185 billion dirhams in 2016, the Moroccan foreign exchange regulator (Office des Changes) said. Morocco’s exports increased by 9.3% to reach 244.9 billion dirhams, while imports rose 6.3% to 434.7 billion dirhams, the office’ recent data show. […]

Libya: NOC signs agreements to develop oil-rich cities’ digital infrastructure

The National Oil Corporation (NOC) has solidified strategic cooperation agreements with telecommunications providers Al-Madar, Libyana, and Hatif Libya, as part of the “Toward Smart Oil Cities” initiative. The primary objective of these agreements, signed on September 25, is to modernize and enhance digital infrastructure across Libya’s oil-producing regions. These agreements aim to incorporate state-of-the-art communication […]

Morocco concludes military exercise on eastern borders

The Moroccan Royal Armed Forces concluded one of their largest military drills on the eastern desert border with the participation of land and air armies. The exercise known as “Saghro” focused on testing the readiness of land and air forces and desert warfare, the well-informed defense news portal FAR-Maroc said. The military drills were also […]