Algeria spain smoky flags

Moroccan, US diplomacies highlight strength of bilateral ties

Moroccan Foreign Minister Nasser Bourita held phone calls with US Secretary of State Antony Blenken during which they both highlighted the depth of the two countries’ longstanding strategic ties and willingness to further bolster their partnership. The personal ties between King Mohammed VI and President Biden will give an additional boost to a special partnership […]

MENA region: IMF forecasts growth to reach 2.2% in 2024 & 4% in 2025

Growth in the Middle East and North Africa region (MENA) is projected to increase from 1.8% in 2023 to 2,2% in 2024 and 4% in 2025, the International Monetary Fund (IMF) said Tuesday. This is a downward revision from the April projections, the IMF pointed out in its World Economic Outlook (WEO) report. In April, […]

EU to redirect €450 mln to support Morocco’s response to Covid-19

The EU will redirect €450 million promised to Morocco this year to help the country better respond to the coronavirus outbreak.   The amount includes €150 million that will be injected directly in the special fund created by Morocco to fund health system acquisitions and offset the social and economic repercussion of the pandemic, according […]