Europe Finance Headlines International Libya Tunisia

Libya: PM Abdul-Hamid Dbeibah accuses Tunisia, some European countries for stealing Libyan money

Libya’s Premier Abdul-Hamid Dbeibah has charged several countries including neighboring Tunisia, Belgium and Malta of stealing and seizing Libya’s money and assets, Libya Observer reports. Dbeibah leveled the charges during the Public-Private Partnership Workshop held early this week in Tripoli. For the Libyan Premier, the oil-rich country is unlikely to recoup its assets frozen in […]

Business Headlines Tunisia

TunisAir places order for 4 Airbus A320 neo jets to revamp aging fleet

Tunisia’s national carrier, TunisAir, signed Thursday an acquisition deal with Airbus for four A320 neo passenger jets with possibility for a fifth one following the delivery of the ordered aircraft, Tunisie Numerique reports. The airline will take delivery of the first jet in December whereas the remaining three will be delivered in the course of […]

Business Emerging Markets Headlines Morocco

Morocco: Olive Output Expected to Soar by 21 % this Season

The production of olives is expected to increase this year by 21 pc compared to last year crop, said on Tuesday minister of agriculture Mohamed Sadiki at the Parliament’s upper house (Senate). Morocco’s citrus out is also expected to go up by 14 pc this season compared to previous year harvest, added the minister, noting […]

Business Finance Headlines Morocco

AfDB Lends Morocco € 114 Mln for Inclusive & Sustainable Farming

The African Development Bank has approved a € 114 million loan to support Morocco’s inclusive and sustainable agriculture in rural areas within the frame of the country’s climate adaptation program focusing on better use of water resources in irrigation and soil conversion techniques. The funding will enhance the resilience of Moroccan agriculture to the global […]

Business Finance Headlines Morocco

Morocco’s vaccine procurement cost rises to 7 billion dirhams

The cost of Morocco’s vaccine procurement rose to 7 billion dirhams ($77 million), finance ministry documents showed. The amount was funded by the special solidarity fund to which the treasury, companies and citizens amassed contributions that stood at 34 billion dirhams since 2020. Morocco has offered booster jabs for people who took the vaccine six […]

Africa Business Europe Headlines International Morocco

Morocco pleads for a strategic update of AU-EU partnership

Morocco has pleaded for a strategic update of the partnership between the African Union and the European Union, insisting on the need to fulfill the desire that prompted the creation of this partnership as a space for dialogue and cooperation for security, development and shared prosperity. The plea was made by Foreign Minister Nasser Bourita […]

Americas Business Headlines International Morocco

Canada’s Stellar finds gold in Morocco’s High Atlas Mountains

Canada’s Stellar confirmed a new gold finding in its Tichka project, south east of Marrakech in the Atlas mountains. “The gold is associated with injected quartz-carbonate veins in highly brecciated sheared structures context,” the company said in a statement. This program provided Stellar with valuable geological information which will facilitate the exploration of other areas […]

Business Community Headlines Morocco

UN: Moroccan diplomat to co-chair Group of Friends on Voluntary National Reviews of SDGs

The President of the UN General Assembly and the President of the UN Economic and Social Council (ECOSOC) appointed Morocco’s Permanent Representative to the UN Omar Hilale, along with the Ambassador of the Philippines, co-chair of the Group of Friends on the Voluntary National Reviews of the Sustainable Development Goals (SDGs). The appointment strengthens Morocco’s […]

Asia Business Headlines International Morocco

Morocco’s navy in talks with Turkey to acquire military vessels

The Moroccan Royal Navy is in talks with Turkish shipbuilder Ares Shipyard to buy 15 vessels including 10 ARES 35 FPBs and 5 ARES 80 SATs to bolster the kingdom’s coast guard’s fight against illegal migration. The talks, according to Tactical Report, are ongoing but the media did not reveal the value of the deal […]

Americas Business Finance Headlines International Tunisia

US subjects military aid to Tunisia to return to democratic path

The US senate has subjected military aid to Tunisia to the return of democratic values after President Kais Saied has suspended the parliament and seized the executive power since July 25. The Senate Appropriations Committee explained, in a bill, that granting credit to Tunisia would be subject to several conditions. According to the proposed law, […]