Eric Laurent & Graciet

Morocco busts 2 drug smuggling attempts, arrests human traffickers

Moroccan authorities announced on Monday the seizure of nearly three tons of cannabis in two separate anti-drug operations carried out in the cities of Agadir (southern Atlantic coast) and Nador (North eastern region). In Agadir, two people, aged 37 and 39, were arrested by the local security agents at a road checkpoint .They were on […]

Terrorism: Moroccan-Spanish Cooperation Leads To Arrest of 175 Jihadists

The sound cooperation between Moroccan and Spanish security services in the fight against terrorism has led to the arrest of 175 jihadists, said interior minister Juan Ignacio Zoido. In a interview published lately by La Razon, the Spanish official described neighboring Morocco as “a friend, a partner and an ally” of Spain in the war […]

Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]