King Mohammed VI

Morocco to boost its foreign exchange reserves with $650 mln from IMF

Morocco expects to add 650 million dollars to its foreign exchange reserves as part of $1.2 billion that will be offered to the country under the IMF’s Special Drawing Rights. The sum is to be unlocked by the IMF this August 23 after a historic approval by the IMF Board of Governors to allocate Special […]

Morocco’s national ports operator among “Big Four” in Africa

“Marsa Maroc group” is the 4th largest container port terminal operator in Africa, according to “Global Container Terminal Operators” report 2024 issued by British Drewry maritime research consultancy. The Moroccan group has been recognized among the “Big Four” in Africa for the second consecutive time thanks to its sustained performance amid regional competition, confirming the […]

Mideast Conflict: Obama expects no Peace Accord before White House Exit

United States President Obama conceded he does not expect a peace accord between Palestinians and Israelis before the end of his tenure as US President but renewed his support to the two-state solution. “I am not that hopeful that it’s going to happen in the next nine months. It’s been 60 years; it’s not going […]