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Morocco to set up new gas power plant worth $415 million
Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]
Libya launches first electronic payment forum to boost financial modernization
Libya’s Central Bank has inaugurated on Sunday, June 15, the nation’s first Electronic Payment Forum and Exhibition at the Tripoli International Fairgrounds, marking a significant step towards digitalizing its financial landscape. The two-day event, held under the patronage of the Central Bank Governor, has convened commercial banks, local firms, and international e-payment providers to explore […]
Morocco Aspires to Join 50 Most Powerful Economies in the World by 2021
Morocco has set the goal of joining the 50 most powerful economies of the globe by 2021, said Head of the Government, Saad Eddine El Othmani. El Othmani, who was speaking at the 13th World Islamic Economic Forum in Malaysia, said that Morocco has taken the necessary reforms to achieve that goal, citing notably the […]



