King mohammed_vi_sports projects Marrakesh

IMF intends to offer Morocco $5 bln credit line

The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. “Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets […]

Kaïs Saïed, Tunisia’s New President, Nabil Karoui Concedes his Defeat

The 61-year-old independent candidate Kaïs Saïed won the second round of the Tunisian presidential election, held Sunday, with a landslide victory as he garnered 76.90% of the vote, becoming thus Tunisia’s new President. His rival, businessman Nabil Karoui, received only 23.1% of votes. Kaïss Saïd benefited from the “crucial” support of the Islamist “Ennahda” party […]

PSA Leadership Underscores Competitiveness of Morocco Plant

French carmaker PSA plans to build on the competitiveness of its Morocco plant to achieve leadership in a car segment of cost-efficient cars, head of PSA Maghreb said. “With Peugeot 208 made in Morocco, we aim at being leaders in this segment. Other beautiful surprises will take place in the future,” said PSA Maghreb director […]