Morocco’s Central Bank upset at Fitch rating unprofessional move

The degradation of Morocco’s credit rating by Fitch on the eve of a Moroccan issuance of an international bond is unprofessional and unethical, said central bank governor Abdellatif Jouahri. Fitch has recently downgraded Morocco’s credit rating from investment grade to junk ahead of an international bond worth 3 billion dollars sold by Morocco earlier this […]

Morocco, Israel to strengthen economic & commercial ties

Israeli economy minister Orna Barbivai will visit Morocco next week to ink an economic and commercial cooperation accord that will enhance trade relations between the two countries. According to a statement released Thursday by the Israeli ministry of economy, Mrs. Barbivai will start on Sunday her visit to the North African Kingdom for meetings with […]

Egypt Registers Record $8.5 Billion USD Inflow in July Amid Remittance Surge

Egypt recorded its highest-ever monthly inflow of U.S. dollars in July 2025, reaching a staggering $8.5 billion, as announced by Prime Minister Mostafa Madbouly. This figure, which excludes volatile “hot money” investments, reflects robust economic confidence and includes a notable contribution from remittances—Egyptians working abroad sent over $3.6 billion in July alone. The surge in […]