The Moroccan government lifted the threshold on foreign debt as it braces for dwindling foreign exchange reserves due to the impact of coronavirus on the flow of hard currency to the country. The move aims at addressing the needs in terms of foreign exchange reserves as the coronavirus repercussions are expected to hit tourism revenues, […]
King Mohammed VI who has stressed repeatedly the need for reinvigorating the Maghreb Union since his enthronement has expressed clearly Morocco’s willingness to transcend differences by opening a frank dialogue with Algeria. Algeria’s support for separatism in Morocco’s Sahara has poisoned relations between the two Maghreb heavyweights. Algeria has by the past rejected to open […]
Maroc Telecom announced Monday it will invest 10 billion dirhams over the coming three years to promote telecommunications in Morocco. “As part of its proactive investment policy, Maroc Telecom has signed the sixth investment agreement with the Government for the development of telecommunications in the Kingdom,” said the leading telecom operator in a statement. “Under […]
