Turkey – israel pipeline map

Morocco’s Central Bank keeps rates unchanged amid persisting inflation

Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]

Niger: Algeria fears Morocco’s influence could be strengthened by ECOWAS military operation

The Algerian regime has openly expressed its firm opposition to any military intervention by the Economic Community of West African States (ECOWAS) against the putschists who toppled elected President Mohamed Bazoum. Algeria says it opposes any military operation in Niamey for security reasons due to the fragile and instable situation in the Sahel. But in […]

Morocco: Italian Magneti Marelli to open shop in Tangier

The Italian car component producer will launch an automotive plant in the city of Tangier for the production of shock-absorbers for car and commercial vehicle. The plant will start production in 2019 and will create up to 500 jobs when in full flesh, by 2025. The project will necessitate a global investment of around 37 […]