Marrakech’s iconic Jamaâ El Fna Square to undergo major renovation

Jamaâ El Fna, the historic heart of Marrakech and a UNESCO-recognized cultural treasure, will soon undergo a comprehensive renovation as part of the city’s urban development program. The $10 million-project aims to modernize infrastructure while preserving the square’s authentic character that has drawn visitors for centuries. The renovation, overseen by Al Omrane Marrakech-Safi group on […]

Sahara/UN: Rabat Stands Firm & Rejects U.S. Draft Resolution

It seems that Morocco is dissatisfied over the latest developments at the Security Council regarding the Sahara issue. This is apparent from the statement made lately by spokesman for the Government Mustapha El Khalfi who said that Foreign Affairs minister Nasser Bourrita has briefed the Govt. council on the Kingdom’s positions on this subject matter. […]

Morocco could tap into IMF credit line if oil prices soar

Morocco may activate its $4.5 billion IMF Flexible Credit Line (FCL) if global oil prices surge beyond $120 per barrel, Morocco’s central bank governor Abdellatif Jouahri said, highlighting that the country maintains powerful liquidity backstops and solid macro-economic fundamentals in the face of rising geopolitical uncertainty. Speaking at a press conference in Rabat following the […]