Morocco- flights suspension with several countries

Changes to leadership of G5-Sahel joint force

Nigerien deputy chief of staff, General Oumarou Namata has been appointed commander of the G5 Sahel anti-jihadist force, succeeding Mauritanian General Hanena Ould Sidi. The decision to replace General Hanena was taken by the heads of state of the countries making up this group, in the wake of a terrorist attack against the Headquarters of […]

Morocco Allocates 2.35 billion Dirhams to Upgrade Medinas

Morocco allocated 2.35 billion dirhams to upgrade five of its centuries-old towns and help develop handicrafts and revenue generating activities. At a ceremony chaired by King Mohammed VI in Marrakesh Monday, measures were introduced to develop the medinas (old towns) of Marrakech, Salé, Meknes, Tetouan and Essaouira. In Marrakech, the project to rehabilitate an old […]

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]