tripartite declaration signed in Rabat dec 2020

Morocco’s 2024 budget forecasts 3.7% growth, fiscal deficit at 4%

The Moroccan government expects an economic growth of 3.7% and a narrowing of the fiscal deficit to 4% next year, according to a draft buddget that was approved by a ministerial council chaired this Thursdau by King Mohammed VI. The earthquake that struck on Sept 8 had no impact on the macro-economic assumptions of the […]

OCP reports $2.67 Bln earnings in 1st Quarter 2022

The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same period last year. The record results achieved by OCP in 2021 have continued in the first quarter of 2022, driven by strong market conditions and operating efficiencies, says the OCP […]

Syria: ISIS media boss allegedly killed in coalition air strikes

Rayan Mashaal, aka Baraa Kadek, identified as the creator of Amaq; a news outlet aligned with the Islamic State group (IS) was killed Monday in the Syrian town of Mayadeen controlled by the terror group, reports say. Amaq created in 2014 has aligned itself with the terror group and publishes propaganda videos and photos of […]