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S&P Expects Morocco’s Economy to Grow By 4.1% in 2020-2021

The international ratings agency Standards & Poor’s expects Moroccan economy to grow by 4.1 pc in 2020-2021, after decelerating to about 3.2 pc in 2019. The expanding automotive and tourism sectors, coupled with increased demand for phosphates and derivatives, will stimulate the long-term performance and somewhat reduce the reliance on cyclical sectors, notably agriculture, says […]

US Airstrike in Somalia kills 52 al-Shabaab Militants

US Africa Command, which oversees US military operations on the continent, last weekend said an airstrike near Jilib, Middle Juba Region of Somalia, killed more than 52 militants of al Qaeda-affiliated terrorist group, al-Shabaab. The airstrike was conducted “in response to an attack by a large group of al-Shabaab militants against Somali National Army Forces” […]

Libya urged to join WTO

Houcine Rahmouni, Deputy General Manager of the Islamic Centre for Development of Trade has highlighted the significance of Libya becoming a member of the World Trade Organization (WTO). The call was made at the ongoing Economic Diversification conference being held in Tripoli. He said the government needs to join the organization to turn the “inexistent” […]