Nigerian Muhammadu Buhari

Sahara autonomy, a facet of Morocco’s strategic magnanimity and a face-saving for Algiers

Morocco has once again shown strategic magnanimity in inviting Algeria for dialogue on all pending issues, while putting forward an autonomy plan that offers Algiers a face-saving on the Sahara issue. Algeria has for over five-decades been the main instigator of separatism in the Sahara territory, hosting, arming and backing diplomatically the Polisario militias. King […]

Morocco’s central bank kicks off instant inter-bank payments

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]

Israel to supply Morocco with air defense system worth $500 mln

Israel has agreed to sell Morocco the Barak MX air and missile defense system in a deal worth more than $500 million, Israeli media reported. The deal was approved by Israel Aerospace Industries (IAI) after Morocco and Israel sealed a defense cooperation pact last November. The Israeli air defense system protects against a range of […]