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Libyan political parties call for unity, action to resolve stalemate

Thirty representatives from various Libyan political parties have expressed deep concerns over the ongoing political deadlock in the country during an introductory meeting with Hanna S. Tetteh, the Special Representative of the UN Secretary-General for Libya. The representatives underscored the urgent need to unify state institutions, accelerate the political process, and better manage resources, as […]

Morocco braces for deepening budget, trade deficits on back of global economic uncertainties

The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]

Closure of Maghreb-Europe gas pipeline has no impact on Morocco’s electricity production – Govt. Spokesperson

The closure of the Maghreb-Europe gas pipeline currently has no impact on the production of electricity in Morocco, said Thursday in Rabat, government spokesman, Mustapha Baitas. The Maghreb-Europe gas pipeline (GME) was not intended for the use of citizens and its closure has no impact at present on the production of electricity in the Kingdom, […]