Trade between Morocco and China grew by 50% from 2021 to 2022 as China becomes Morocco’s first trading partner in Asia. Mehdi Laraki, head of Morocco-China business council, told le360 that Chinese investments in Morocco totaled 56 million dollars in 2022 in vital fields such as industry, transport, real estate, and energy. There has been […]
The Central bank said it will intervene to ensure there is enough cash for banks through increasing three-fold their refinancing capacity in dirham and hard currency. The move comes as a lifeline for Moroccan banks to offset the financial repercussions of coronavirus and help them offer loans for enterprises and households, the central bank said […]
Hours after a Tunisian soldier went on a shooting rampage in a military barracks killing at least seven people before being shot dead, the Islamic State has claimed responsibility and identified the soldier as Mehdi Jaami. Tunisia’s Defense Ministry had earlier said that it was an “isolated act” and that the situation was under control, […]
