A new assessment by the Policy Center for The New South put the material damage of Sept 8 earthquake at 3 billion dirhams ($300 million), accounting for nearly 0.2% of Morocco’s GDP. The quake which hit vast swathes in the High Atlas mountains killed 3000 people and damaged 59,674 buildings, of which 32% were destroyed […]
Morocco and the World Bank inked a deal under which the North African country shall benefit from a precautionary line of 275 million dollars in the case of natural disasters. The deal was signed in Rabat by Finance Minister Mohammed Benchaaboun and Maghreb director at WB Jesko Hentschel. The World Bank had said in a […]
Morocco expressed its astonishment and its categorical denial of the claims spread by some French and US media saying that the North African Kingdom has arrested Saudi Prince Turki Ben Bandar ben Mohamed Al Souad, on its soil in 2015. The ministry of justice explained, in a statement relayed by Morocco’s news agency, that the […]
