Libya launches largest oil exploration bid round in 17 years with 22 blocks on offer
Libya is set to offer 22 onshore and offshore blocks for oil exploration and development in its largest bidding round
Morocco's trade deficit increased 6.5% to 275 billion dirhams ($27.2 billion) through November this year, according to the foreign exchange regulator. Imports rose by 5.7% to 689 billion dirhams, surpassing exports, which increased 5.2% to 413 billion dirhams. Notably, energy imports fell 5.9% to 104 billion dirhams and wheat imports declined 8.7% to 16.3 billion dirhams. The automotive sector, led by Stellantis and Renault, topped exports at 145 billion dirhams, up 6.7%.
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