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Fitch Ratings: Morocco has Buffers against Pressure on its Finances due to Covid-19
Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]
President Tebboune, a facade of an Algeria in disarray
Algeria’s civilian facade, President Abdelmedjid Tebboune, gave a new interview to Le Figaro in which he sought in vain to redefine the standards of diplomatic engagement by describing his regime’s unilateral decision to sever ties with Rabat as a decision to avert war. In diplomatic norms, breaking diplomatic ties and terminating all communication channels is […]
King Mohammed VI officially welcomed by President of the United Arab Emirates in Abu Dhabi
King Mohammed VI was welcomed by President of the United Arab Emirates Sheikh Mohammed bin Zayed Al-Nahyan at an official ceremony held Monday at the Presidential Palace in Abu Dhabi. From the Palace entrance to the “Zayed” gate, the Royal procession was escorted by a squadron of horsemen, a tradition reserved for welcoming distinguished guests […]



