King- alpha-conde

Fitch gives Morocco ‘BB+’ rating with stable outlook

Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]

Marrakech Reinvents itself to Attract more Tourists- New York Times

As more wealthy tourists flock to Morocco, Marrakesh is reinventing itself with luxury hotels and resorts to attract its share, wrote the New York Times in an article on the new attractions of Morocco’s main tourist hub. Marrakech with its centuries-old medina and distinctive charm is lately experiencing the building of a flurry of luxury […]

New life injected to cabinet as Morocco braces for new development model

The Moroccan government has experienced a major shake-up after King Mohammed VI stressed the need for adding momentum to the administration, institutions and the government in preparation for the new challenges awaiting the country. The new government, unveiled Wednesday Oct.9, is more compact with 24 members including the head of the government Saad Eddine El […]