Hakim Benchamach of the opposition PAM party retained his post as Speaker of the Upper House after taking 63 of the votes to 19 for his Islamist PJD rival Nabil Chikhi. The election was marked by the abstention of another opposition party, the Istiqlal Party, whose 28 Upper House members judged the vote as “non-democratic”. […]
Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]
Researchers have recently discovered a new species of ancient marine reptile in Morocco. The sea monster, a long and thin reptile with crocodile-like jaws, preyed on everything it could catch. The new species of the ancient marine reptile that stroke terror into the hearts of the normally safe, fast-swimming fish has been identified by a […]
