World Bank

King Mohammed VI Holds Talks with President Putin at the Kremlin

King Mohammed VI who is currently on an official to Russia held a meeting in the Kremlin Tuesday with President Vladimir Putin. The summit talks were attended by Advisors to the Moroccan Sovereign Taieb Fassi Fihri and Fouad Ali El Himma and by Russian Foreign Minister Sergei Lavrov and President Putin’s advisor Yuri Ushakov. The […]

French court frees Ben Ali’s brother-in-law on bail; a blow to Tunisia’s extradition request

A court in France has granted bail to one of former President Zine El-Abidine Ben Ali’s brothers-in-law despite demand by Tunisia to extradite the man wanted on many charges. The court in Aix-en-Provence, southern France, ordered Belhassen Trabelsi’s release after the latter “deposited €100,000 ($112,000) and agreed not to leave France nor meet with others […]

EBRD expects Morocco’s growth to reach 3.1 % in 2023

The European Bank for Reconstruction & Development expects Morocco’s economic growth to reach 3.1 % up from the 1.3 % recorded in 2022 when a drought compounded the adverse impact of tighter global financing conditions. According to the Bank’s Regional Economic Prospects report released Wednesday, the forecast does not incorporate the effects of the powerful […]