under sea tunnel

Morocco opens first chamber of commerce in Italy to boost bilateral trade

Morocco has inaugurated its first Chamber of Commerce in Italy, marking a significant step toward strengthening economic and trade relations between the two Mediterranean partners. The double ceremony took place at the chamber’s headquarters and at the Italian Senate, attended by prominent Moroccan and Italian figures from politics, business, and culture, as well as representatives […]

Fitch Affirms Morocco’s BBB-Rating, with Stable Outlook

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 […]

Morocco to Build Landmark Projects in Its Southern Provinces

Morocco has unveiled several landmark socioeconomic development projects to be carried out in the southern provinces (Western Sahara) of the North African country, US major ally in the region. These projects, announced in Laâyoune on the occasion of the historic visit King Mohammed VI is paying to the region, will benefit Sakia El Hamra Laâyoune, […]