Omar Hilale

Sahara: Serbia supports Morocco’s territorial integrity

Serbia has reiterated its strong backing to Morocco’s sovereignty over its Sahara and to its territorial integrity. The Serbian supportive stand was voiced by Speaker of National Assembly Ivica Dačić at a meeting held Wednesday in Rabat with Moroccan foreign minister Nasser Bourita. The two officials expressed satisfaction over the excellent historical ties existing between […]

Morocco building its own defense industry to reduce dependence on foreign-made weapons

Morocco is busy working to reduce its dependence on foreign-made weapons by developing its own defense industry, said Defenseweb online publication. To reach its strategic goal, Morocco signed in 2019 with Brazil an agreement to share military technology. The agreement, which includes “investment cooperation and facilitation” in military industry, is the first of its kind […]

Morocco’s foreign exchange reserves improve by 16.1% in October

Morocco’s foreign exchange reserves rose 16.1% compared to the same period last year, the Central bank, Bank Al Maghreb said. By October 14, Morocco’s foreign exchange reserves stood at 250.1 billion dirhams up from 248.9 billion dirhams registered in the first week of September, the central bank said in its weekly statistics. This improvement of […]