Morocco’s central bank pauses its monetary tightening as inflation is expected to further drop to 2.6% in 2024 from 6% in 2023 amid preparations for reconstruction in earthquake-hit areas. Speaking to the press Abdellatif Jouahri highlighted the uncertainties of the global economy and the need for vigilance, adding that holding the key interest rate as […]
A comprehensive agreement signed by Palestine and the Holy See has been applauded by Iyad Ameen Madani, Secretary-General of the Organization of Islamic Cooperation (OIC). During the signing ceremony, Vatican’s foreign minister Archbishop Paul Gallagher hoped that the agreement will serve as a “stimulus to bringing a definitive end to the long-standing Israeli-Palestinian conflict, which continues […]
Saudi billionaire Mohammed al-Amoudi who has assets in Morocco and Ethiopia has been released from detention in the Saudi kingdom where he had been held since Nov. 2017 as part of the controversial crackdown on corruption. Ethiopian Prime Minister confirmed on Twitter Sunday the Ethiopian-born billionaire and businessman has been released. “We wish Mohammed al-Amoudi […]
