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Sahara Conflict, a Cold War Relic Threatening Regional Stability

The recent incursions in the UN-monitored buffer zone in the Sahara territory by the Algerian-backed Polisario separatists triggered a firm response from Morocco, which declared that all options are now on the table including a military response. The Moroccan Foreign Minister Nasser Bourita is not mincing his words. At the UN, he met Antonio Guterres […]

Morocco’s Foreign Exchange Reserves Stand at 201.5 Bln Dirhams by July 2017

Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]

Morocco on course to produce 1 million cars annually-US media

Morocco has developed one of the globe’s most competitive automotive industry hubs and prepares to raise production to 1 million cars annually, US magazine “Automotive Industries” said recently. In a special issue on the car industry in Morocco, the media explained how Morocco was leveraging its ready access to the European automotive market with an […]