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US presidential proclamation recognizing Morocco’s Sovereignty over Sahara officially transmitted to UN

The United States officially transmitted Tuesday, December 15, the presidential proclamation recognizing Morocco’s sovereignty over its Sahara to the UN. The United States officially and solemnly transmitted the presidential proclamation on the recognition of Morocco’s sovereignty over its Saharan regions to all the decision-making bodies of the United Nations. Kelly Craft, US Representative to the […]

Morocco’s Economy to Grow 3.3% in 2018- Central Bank

Morocco’s central bank, Bank Al Maghrib, said growth will reach 3.3% in 2018 and 3.5% in 2019, down from 4% last year. The bank kept its benchmark interest rate unchanged at 2.25%, as the financial conditions look stable since the launch of the gradual dirham float last January. Inflation was expected to reach 1.8% on […]

Australian Fortescue Metals Group inks iron deposit mining deal with Gabon

Australian iron ore company, Fortescue Metals Group, has signed a deal with Gabon, to explore an iron ore deposit in Belinga, north-east of the country, with short-term investment put at $200 million. Fortescue per the deal will commence mining in the second half of 2023. The company in a statement said with the mining convention […]