Morocco ranked second in the Arab world in terms of credit portfolio granted by microcredit associations by the end of 2020, according to the Arab Monetary Fund (AMF). The outstanding total of these credits amounted to $760 million at the end of the past year, the AMF said in its annual report on financial stability […]
A number of recent developments noticed both in Mauritania and Morocco have heralded normalization of diplomatic ties between the two Maghreb countries following a recent tension in their relations, after a change in Mauritania’s stand vis-à-vis the Polisario Front, which disputes Morocco’s sovereignty over the Western Sahara territory. One strong signal of a thaw in […]
A new military base, the largest in the Middle East and Africa, was inaugurated over the weekend and baptized after the leader of the 1952 Egyptian revolution and the country’s first President, Mohamed Neguib. The military base, consisting of more than 1,100 new or recently renovated buildings, was built on what used to be a […]
