russia-africa-summit oct 2019

Hezbollah Alliance with Polisario Embarrasses Algeria

Morocco cut ties with Iran over its connivance in helping Hezbollah arm and train the Polisario. The news put Algeria in such a big embarrassment that its foreign ministry summoned Morocco’s Ambassador in Algiers to protest. “Morocco understands Algeria’s embarrassment and its need to express solidarity with its allies, Hezbollah, Iran and the Polisario as […]

Morocco’s Central Bank Holds Interest Rate at 2.25%, Sees Growth at 5% in 2025

Morocco’s central bank kept its benchmark interest rate unchanged at 2.25% on Tuesday, citing contained inflation and steady economic recovery, while projecting growth to reach 5% in 2025 before easing to an average of 4.5% in 2026 and 2027. Bank Al-Maghrib’s board, meeting for its fourth quarterly session of the year, said agricultural output is […]

Morocco, France discuss military cooperation prospects

Inspector General of the Royal Armed Forces, Lt. General Mohamed Berrid conferred over the weekend in Paris with France’s new Army Chief of Staff General Fabien Mandon. Talks focused on military cooperation prospects and on ways of strengthening further strategic partnership to counter shared challenges. Prior to this meeting, Lt. General Mohamed Berrid and his […]