King faisal Prize

Egypt: “Security forces mistakenly kill 12 tourists,” FM

The Egyptian Foreign Ministry indicated Monday 12 tourists among whom 2 Mexicans have been killed by army fire after they were mistaken for jihadists in Western desert, near the Libyan border. The tourists’ convoy made of 4 four-wheel cars was fired at by army and police forces which were hunting IS fighter in the desert. […]

Morocco Set to Become ‘Main Economic Hub’ in Africa- AfDB

The African Development Bank (AfDB) issued a report on Morocco’s efforts to strengthen economic ties with African countries, noting that the Kingdom is steadily becoming a main economic hub in the continent. The report dubbed “Analysis of Morocco’s Trade Policy,” sheds light on the progress of Morocco’s trade with Africa and recommends lowering custom duties […]

Moroccan household purchasing power improves 5.1 Points in 2024 amid moderate inflation

Moroccan household purchasing power improved 5.1 points in 2024 compared to 1.8 points in 2023, according to the High Commission for Planning. The enhancement follows consumer price index evolution of just 0.9 percent reached in 2024, significantly below previous years. Household gross disposable income recorded 6.7 percent growth to reach 1,059.7 billion dirhams in 2024, […]