Polisario active in drug trafficking

Algeria Resorts to Printing Press to Fix Budget Deficit

The Algerian government has resorted again to the printing press to inject in the market over 4,000 billion dinars, the equivalent of 20% of the country’s GDP, to deal with the 2018 budget deficit. The situation is likely to get worse in 2019, as the outlook for oil prices is rather pessimistic. Since 2014, economic […]

Casablanca Finance City Leaps Four Places in World Ranking

Casablanca Finance City (CFC) has leapt four places in the Global Financial Centers Index 24 (GFCI24) taking the 28th position. CFC outperformed Seoul, Taipei and Doha ranking the fourth best financial hub in the MENA region behind Dubai, Tel Aviv and Abu Dhabi. At the international level, New York has overtaken London as the world’s […]

Morocco’s King congratulates new PJD secretary general

King Mohammed VI sent a message of congratulations to Abdelilah Benkirane on the occasion of his election as secretary general of the Justice and Development Party (PJD). In this message, King Mohammed VI expresses his congratulations to Abdelilah Benkirane for the confidence placed in him by the party’s extraordinary national congress and which illustrates the […]