French foreign minister Jean Noël Barrot reaffirmed his country’s position in support of Morocco’s sovereignty over the Sahara territory, a few days before he heads to Algiers, in a visit announced in a joint French-Algerian statement signaling the end of a row over the fate of the former Spanish colony. “Just a few months ago, […]
The Western Union Company, a leader in cross-border, cross-currency money movement, has appointed Moroccan Mohamed Touhami el Ouazzani as Regional Vice President and Head of North, Central and West Africa, to lead from Casablanca, Western Union’s business in the region with focus on expanding digital money transfer, reinforce the retail agent network and drive outstanding […]
Fitch Ratings has affirmed Morocco’s long-term foreign-currency Issuer Default Rating (IDR) at ‘BBB-‘ with a stable outlook, praising the country’s macroeconomic stability, its comfortable external buffers and low share of foreign-currency debt in public debt. The credit rating agency projects Morocco’s deficit at 3.7 pc of GDP in 2019 and 3.5 pc in 2020, saying […]
