Morocco’s Central Bank, Bank Al-Maghrib, decided Tuesday to maintain its key interest rate unchanged at 2.25 % during the third quarterly meeting of its Board of Directors which expects a 4.3% growth in 2017. After analyzing recent economic developments and reviewing the macroeconomic forecasts, the Board deemed as “appropriate” the decision to uphold the key […]
Morocco has called for strengthening regional and international cooperation to counter the growing threat posed by terrorists, organized crime networks, and separatist group in Africa. Speaking during a UN Security Council debate on “Transnational Organized Crime, Growing Challenges & New Threats”, Omar Kadiri, Morocco’s Deputy permanent representative to UN, voiced concern over the expansion of […]
Lebanon has decided to diversify its oil suppliers from 2021 after main supplier, Algeria’s Sonatrach, was accused of providing the Middle East country with adulterated fuel. Lebanon Energy Minister Raymond Ghajar told Bloomberg that the Lebanese government has opted to multiply for the next coming three years its fuel suppliers. “We would prefer to have […]
