Credit rating agency, Fitch, affirmed Morocco’s long-term foreign and local currency issuer default ratings (IDRs) at ‘BBB’ with a Stable Outlook. Fitch explained that Morocco’s BBB rating was driven by its economic performance, public finance and external finance metrics. “Economic policy focuses on maintaining macroeconomic stability and is unlikely to change much as a result […]
Three Egyptian army officers have been prosecuted and handed prison sentences ranging from 5 years to life in prison for plotting to overthrow President al-Sisi. The three officers, a naval Colonel and two infantrymen, were found guilty of plot against President al-Sisi by an Egyptian military court. London-based Qatari media “The New Arab” reports that […]
Hats off to the head of Morocco’s police and domestic intelligence services Abdellatif Hammouchi, wrote El Pais in an article that praises Morocco’s role in Europe’s security. The paper described Hammouchi, a “man who never sleeps”, as a “super-agent honored by Europe” in recognition of his qualifications. “If Morocco managed to stay at bay of […]
