Abdulhamid Dbeibeh

Remittances from Moroccan expatriates resilient in 2020 but only 10% invested

Remittances from Moroccans living abroad rose 5% to stand at 68 billion dirhams (7.5 billion dollars) despite the pandemic, but finance minister said only 10% of these transfers were invested. Most of the investments of Moroccans abroad went to real estate, finance minister Mohamed Benchaaboun told Moroccan employers association (CGEM). A part from 15% that […]

Libya: GNA accuses Arab League of double standards, puts membership in question

Libya’s UN-backed Government of National Accord (GNA) has taken aim at the Arab League, accusing the Pan-Arab organization of double standards on the crisis opposing it to its rival in the East. The accusation came from the GNA’s permanent representative Saleh Shammakhi during Tuesday Arab League meeting in Cairo at the request of Egypt on […]

Tunisia: ADX Energy seeks permit for seismic exploration

ADX Energy is in the process of completing two farm outs in relation to its Chorbane permit. The two farm outs are found onshore. The company is seeking for the permit so that it can carry out a seismic acquisition campaign next year. It is therefore working towards getting the permit as early as possible […]