Moody’s confirms improvement of Morocco’s financial outlook to stable

Credit rating agency Moody’s affirmed Morocco’s outlook to stable from negative while it maintained its long-term issuer at BA1. Moody’s noted the recovery of Morocco’s real GDP to levels backed by solid crisis management capacities by the government during the pandemic, the agency said in a statement. “The improved governance track record underpins Moody’s expectation […]

Libya : Rebel groups warned about “war crimes,” UN

UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein has stated that armed groups fighting in the Libyan war are increasingly targeting human rights defenders since mid-May. Some of the human rights activists have already fled the country while others have gone underground to save their lives. Attacks on civilians are also on the […]

Morocco Leads Maghreban Countries in FDI Flows

Morocco topped the countries of the Maghreb region in terms of attracting foreign direct investment (FDI) in 2016, according to a report established by the Arab Investment and Export Credit Guarantee Corporation. The North African kingdom attracted $2.3 billion worth of FDI in 2016, followed by Algeria with 1.5 billion, Tunisia with 958 million, and […]