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Bank Al-Maghrib Expected to Hold Key Rate Steady Amid Middle East Uncertainty

Morocco’s central bank is widely expected to maintain its benchmark interest rate at 2.25% when its policy council convenes on March 17, in what would mark the fourth consecutive pause in the current monetary cycle. Despite domestic macroeconomic conditions that would ordinarily justify further easing, geopolitical turbulence stemming from the Middle East conflict has prompted […]

Sudan: Military, opposition coalition agree on ‘constitutional declaration’

In Sudan, military rulers and the main opposition coalition have agreed on a constitutional declaration on Sunday, paving the way for a transitional government. The announcement was made by African Union mediator Mo-hamed Hassan Lebatt. Mohamed Hamdan Dagalo, who is deputy head of the Transi-tional Military council said the agreement was a victory for Sudan. […]

Moscow Hails Morocco’s Peace-Oriented Stance in Middle East Crises

Russian President’s Special Envoy for the Middle East and North Africa and Deputy Foreign Minister, Mikhail Bogdanov, lauded the positions adopted by Morocco in support of peaceful and political solutions to crises in the Middle East and in Africa. The Russian official made the statement following talks in Rabat Thursday with Moroccan Foreign Minister, Salaheddine […]