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Fitch Maintains BBB Rate for Morocco with Stable Outlook

Credit rating agency, Fitch, affirmed Morocco’s long-term foreign and local currency issuer default ratings (IDRs) at ‘BBB’ with a Stable Outlook. Fitch explained that Morocco’s BBB rating was driven by its economic performance, public finance and external finance metrics. “Economic policy focuses on maintaining macroeconomic stability and is unlikely to change much as a result […]

Spain: Polisario supporter pleads guilty to terrorism charges

A Polisario supporter pleaded on Tuesday guilty in Spain to charges of promoting jihadist ideology and violent extremism through social media networks. The Spanish public prosecutor called for the defendant to be sent to jail for four years and six months for his hatred for Spain and extremist propaganda. But after pleading guilty to terrorism […]

Brazil’s President underscores close ties with Morocco

Brazil’s President Jair Bolsonaro highlighted the “strategic” character and regular political consultations between his country and Morocco noting the closer political consultations. Speaking at an economic forum bringing together Brazil and Arab countries, Bolsonaro stressed the key role played by Morocco in promoting Brazil’s agriculture citing that the north African Kingdom remains the main supplier […]