ILLUSTRATION IPHONE 3G

Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty

Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]

Morocco takes part in G20 Foreign ministers’ meetings in Matera

Morocco is taking part in the meetings of the G20 Foreign ministers held this Tuesday in Matera, Italy, under the theme: “Multilateralism and global governance to fight the pandemic and rebuild better”. Besides the coronavirus pandemic, climate change and food security which feature high on the agenda, the meetings are also considering economic development issues […]

Morocco on Way to Tip Arms Balance with Algeria

The heavy weights of the Maghreb are taking their arms race to the skies with Morocco opting for advanced US jets while Algeria sticks to its Russian supplier amid a lethargy in their bilateral ties on the back of diverging stands on the Sahara issue. Morocco has on multiple occasions extended an outstretched hands policy […]