coronavirus

Fitch gives Morocco ‘BB+’ rating with stable outlook

Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]

UN Envoy Calls for Unified Government as Cornerstone for Libya’s Political Future

UN envoy Hanna Tetteh has reiterated the urgent need for the formation of a unified Libyan Government as a prerequisite for holding fair, inclusive, and credible elections. During an online engagement with Libyan activists, Tetteh underscored on July 16 that the ongoing fragmentation of administrative bodies and the presence of parallel institutions continue to undermine […]

British Architecture Firm RSHP Wins Casablanca Airport Competition

The London-based RSHP – working with ALA Concept and EGIS – has won the international design competition for the $1.2bn new terminal at Casablanca’s Mohammed V International Airport, according to UK’s Architecture Journal. RSHP (Rogers Stirk Harbour + Partners), in collaboration with Moroccan firm ALA Concept and French engineering firm Egis, had been selected as […]