Sealynx automotive Morocco opens newplant in Tangiers nov 20 2019

Morocco Elected Chair of Security Council’s Counter-Terrorism Committee

Morocco has been elected last week, in the person of its Permanent Representative to the United Nations, Mohamed Loulichki, chair of the Security Council’s Counter-Terrorism Committee. Morocco, which is non-permanent member of the Security Council since January 2012, will chair the committee for the period ending December 31, 2013. The Counter-Terrorism Committee (CTC), set up […]

Morocco: IMF welcomes “targeted measures” seeking to mitigate impact of soaring energy prices

The International Monetary Fund (IMF) on Wednesday hailed the “targeted measures” adopted by Morocco to mitigate the impact of soaring energy prices on economy. “The Moroccan government is today undertaking a set of targeted measures, including support for the transport sector of people and goods to relieve the rise in energy prices on production,” underlined […]

Fitch Gives Morocco ‘BBB’ Rating

Global rating agency Fitch has affirmed Morocco’s Long-term foreign currency Issuer Default Rating (IDR) at ‘BBB-‘, Long-term local currency IDR at ‘BBB’, and Short-term foreign currency IDR at ‘F3’. The agency has also given the North African Kingdom a “stable outlook” and affirmed the country ceiling at ‘BBB’. Morocco’s ‘BBB-‘ rating is supported by a […]