UN World Tourism Organization has chosen Morocco’s capital city of Rabat for establishing its Thematic Office on Innovation for Africa. The move is an international recognition of the Kingdom’s role as a key partner in supporting tourism growth across the continent. UNWTO Secretary-General Zurab Pololikashvili and Moroccan tourism minister Fatim-Zahra Ammor signed on Tuesday Host […]
Credit rating agency Standard & Poor’s Global Ratings has maintained Morocco’s sovereign credit rating at BB+/B with a “stable outlook”, attributed to the country’s ongoing structural reforms that will support robust economic growth. “The stable outlook on Morocco reflects our expectation that ongoing structural reforms will support robust economic growth and help counterbalance external and […]
Bombardier announced this week it has reached amended definitive agreement to sell its aerostructures business in Casablanca, Belfast, and Dallas to Spirit AeroSystems Holding Inc. of Wichita, Kansas. The initial purchase agreement between the two companies was announced in October 2019 for a cash consideration of $500 million, plus the assumption of liabilities with a […]
