Rafah crossing

Mounting Signs of Major Shift in Mauritania-Polisario Ties

The feckless and corrupt Polisario leaders continue to suffer major setbacks, losing more grounds, allies, regional and international support.   It seems that they have been dropped by the new Mauritanian leadership. The early signs of the cracks in relations with Nouakchott appeared during the presidential campaign that led to the victory of Mohamed Ould […]

S&P maintains Morocco’s rating at BB+/B with a stable outlook

Credit rating agency Standard & Poor’s Global Ratings has maintained Morocco’s sovereign credit rating at BB+/B with a “stable outlook”, attributed to the country’s ongoing structural reforms that will support robust economic growth. “The stable outlook on Morocco reflects our expectation that ongoing structural reforms will support robust economic growth and help counterbalance external and […]

Morocco’s trade deficit narrows on lower energy imports

Morocco’s trade deficit shrank 6.5% as the country’s energy imports dropped 20%, Morocco’s foreign exchange office said. Energy imports stood at 69 billion dirhams, offsetting a drop in phosphates and fertilizers exports by 40% to 40.8 billion dirhams, due to lower prices. State-owned phosphates and fertilizers producer said a few days ago its sales were […]