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Football: Morocco-Brazil (2-1) victory in a friendly, 1st Arab win over Selecao
The Atlas Lions, the semi-finalist in Qatar’s World Cup 2022, continue to rewrite football history. On Saturday, Morocco defeated Brazil 2-1 in a friendly match played in Tangiers, becoming the first ever Arab team to defeat the five-time world champions. The Midfielder Sofiane Boufal opened the score in the 29th minute with spinning move in […]
Tuna bond scandal: Mozambique and Swiss UBS bank reach out-of-court settlement
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
Too early for accurate figures on coronavirus impact on Moroccan economy- PM says
Head of the Moroccan government said it was too early for accurate figures on the repercussions of the coronavirus on the Moroccan economy noting that a review of the appropriation bill is not possible in the absence of precise indicators. The IMF however has said the Moroccan GDP will contract by 3.7% while the high […]



