central-bank-libya

Bayt Mal Al-Quds Asharif Agency receives PAM Excellence Award

The Parliamentary Assembly of the Mediterranean (PAM) has granted its Award of Excellence for Humanitarian Action to Bayt Mal Al-Quds Asharif Agency, the executive arm of the Al-Quds Committee, chaired by King Mohammed VI. The award was handed over to Director of the Agency Mohamed Salem Cherkaoui at the opening session of the Parliamentary Economic […]

Spanish Government approves security cooperation agreement with Morocco

The Spanish Council of Ministers, on Tuesday, approved the agreement between Spain and Morocco on cooperation in matters of security and the fight against crime.   After this step, the agreement will be submitted to the two chambers of Parliament, said the Spanish government presidency in a press release. “The agreement responds to the concern […]

Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017

Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]