Princess Lalla Hasna

IMF-WB annual meetings to go ahead as planned in Marrakech on Oct 9-15

The IMF, the World Bank and the Moroccan government confirmed Marrakech will host the annual meetings as planned on October 9-15, in a boon for the earthquake-hit tourism industry in the country. The confirmation came in a joint statement signed by World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and […]

Morocco’s OCP posts $9.1 bln revenue in 2023

Morocco’s phosphates and fertilizer giant, OCP, said its revenue in 2023 dropped to $9.1 billion from $11.3 billion a year earlier due to lower prices in the international market. The company said it will forge ahead with its investments which totaled $2.6 billion last year, from 2 billion a year earlier. Few days ago, OCP […]

US vetoed Former Algerian FM from becoming Libya’s UN Envoy

Former Algerian Foreign Minister Ramtane Lamaamra acknowledged officially that he had to backtrack on his bid to become a UN special envoy for Libya after he was vetoed by the US. In an official response, he said he was asked to take the position by the UN Secretary General Antonio Guterres and that he accepted […]