Fitch Ratings

US Praises Morocco’s Counter-terrorism Leadership

US Special Presidential Envoy Brett McGurk commended Morocco’s leading role in the global fight against terrorism. “We appreciate Morocco’s leadership and contributions” within the global coalition to defeat ISIS, said the US official in a statement to the press following a meeting in Skhirate, near Rabat, of the political directors from the member countries of […]

Morocco to set up disaster relief fund

The Moroccan government has greenlighted the setting up of a disaster relief fund to pay compensations to victims of natural disasters and hazards as the country faces flash floods that left devastating impact on many rural areas. The fund will be operational in January 2020 and will cover natural risks and hazards including drought, quakes, […]

Algeria to Invest US$71 Billion in Energy Sector by 2017

Algeria is expected to invest US$71 billion in the energy sector over the five coming years, becoming thus the third largest investor in the sector in the MENA (Middle East and North Africa) region. According to a report released earlier this week by the Arab Petroleum Investments Corporation (APICORP),  with its USD 71 billion worth […]