Moroccan government expects 4.6% growth in 2025

The Moroccan government is preparing the 2025 budget based on expectations of an economic growth at 4.6% and a budget deficit of 3% of GDP, as it continues to attach priority to social safety nets, investments and employment. This came in the directive of the head of the government regarding the priorities of next year’s […]

OCP reports $2.67 Bln earnings in 1st Quarter 2022

The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same period last year. The record results achieved by OCP in 2021 have continued in the first quarter of 2022, driven by strong market conditions and operating efficiencies, says the OCP […]

Algeria’s outburst over UK’s Sahara stance exposes its role as genuine party to the conflict

Algeria’s vehement reaction to the United Kingdom’s support for Morocco’s autonomy plan in Western Sahara has done more than express diplomatic discontent. It laid bare Algiers’ transformation from a behind-the-scenes sponsor and host of the Polisario militias to the undisguised principal actor in the decades-old territorial dispute. In a statement laced with indignation, Algeria’s foreign […]