OIC

Morocco’s economic, financial stability attracts investors- minister

Thanks to its sound economic and financial fundamentals, Morocco has fostered its attractiveness to foreign investors, while receiving preferential terms from international financial organizations. Within a month, Morocco’s reforms earned it an exit from the grey list of the Global financial crime watchdog, the Financial Action Task Force. Few days later, Morocco scored another financial […]

Morocco Unseats South Africa as Africa’s Top Car Producer- Wall Street Journal

Morocco topped the podium of the biggest car producers in the African continent, outpacing South Africa, the Wall Street Journal reported. In 2017, Morocco’s two leading car factories in Tangier and Kenitra achieved a joint output of 376,000 cars, worth 70 billion dirhams. In South Africa, only 331,000 cars were made the same year. Between […]

M23 rebels launch new offensive in east DRC amid growing tensions before crisis summit

A new wave of violence erupted in eastern Democratic Republic of Congo (DRC) as Rwanda-backed M23 rebels launched an offensive just days before the presidents of both East African countries are set to meet for a crisis summit in Dar es Salaam. The renewed clashes come days after the M23 group declared a unilateral ceasefire […]