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UK sets sights on Morocco’s £33bn public procurement pipeline for next 3 years

The UK looks to benefit from £33bn in public procurements planned in Morocco for the next three years, as the two countries foster their ties following London’s endorsement of the North African Kingdom’s autonomy plan as the “most credible” solution to the Sahara issue. During a high-level visit to Rabat, UK Foreign Secretary David Lammy […]

Morocco to Launch Gradual Dirham Float on January 15

The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]

Algerian President warmongers against Morocco to distract attention from domestic crisis

After pushing conspiracy theories to the limit, trying to pin Algeria’s home-grown economic and social problems on “foreign hands”, Algeria’s new ailing president Teboune has given a diatribe under the form of an interview to French le Point magazine in which he mocked himself by trying once again to wave the Moroccan threat at the […]