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Sahara: Outgoing ambassador to Rabat confident about the future of Morocco-USA relations

The outgoing US ambassador to Morocco, David Fischer, said he was confident “as to the future of Moroccan-American relations”, deeming that “they will be in safe hands”. At a press conference Monday in Rabat marking the end of his mission in Morocco, the US ambassador commended King Mohammed VI for having guided US-Moroccan friendship towards […]

Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]

Algerian diplomats kidnapped in Mali freed

After spending more than two years in captivity, the Algerian diplomats kidnapped and taken hostage by the Movement for Oneness and Jihad in West Africa (MUJAO) in northeastern Malian city of Gao have been released. The information was diffused in a released statement by the Algerian Foreign Ministry which also reiterated the country’s steadfastness towards […]