Samir Refinery in Mohammedia

FIFA World Cup 2030: Morocco Attracts 50 UK Businesses Seeking their Slice of the Pie

British Trade minister Chris Bryant arrived Tuesday in Rabat accompanied by 50 UK businesses for talks with Moroccan government officials and private sector on the investment opportunities as the North African Kingdom will co-host the FIFA World Cup 2030, one of the largest global economic events. After his talks with Moroccan Foreign minister Nasser Bourita, […]

Fitch Expects Morocco’s Growth to Reach 3% in 2024 & 3.5% over 2025-2026 Period

Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]

Libya: Call for humanitarian truce unheeded, four civilians killed in attacks in Tripoli

The call for humanitarian truce in Libya in view of the worldwide coronavirus outbreak launched earlier this week was not heeded as the Libyan capital woke up Wednesday under heavy fighting between the GNA forces and Haftar’s loyalists. Four civilians died Wednesday when forces aligned with rebel Gen. Khalifa Haftar launched rocket attacks on capital […]