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Europe Headlines International Morocco

Morocco deploys “Marhaba Operation” to facilitate diaspora’s return home for summer holidays

North Africa Post

The Mohammed V Foundation for Solidarity launched this Wednesday the “Marhaba Operation” 2024 destined to facilitate the return home of Moroccans living abroad for their annual summer holidays. Some 1400 persons have been mobilized to ensure success to this annual operation to last until Sept.15. The Foundation’s executives, social workers, doctors, paramedical staff as well […]
Business Emerging Markets Headlines Morocco

Morocco should increase wheat inventories to cover up to 6 months- traders

North Africa Post

Morocco should increase its strategic stockpile of wheat to cover up to 6 months from about 3 months currently, head of the Moroccan federation of wheat traders, Omar Yakoubi said. Crises during 2008, 2018 and the most recent supply disruptions following the war in Ukraine, were triggers for Morocco to consider expanding its strategic reserves […]
Business Columns Emerging Markets Finance Headlines International Morocco

S&P raises Morocco’s rating to ‘BBB-/A-3’ with stable outlook

North Africa Post

The Standard & Poors agency has raised Morocco’s sovereign credit rating from ‘BB+/B’ to ‘BBB-/A-3’ with stable outlook thanks to the resilience shown by the country’s economy in the face of consecutive economic shocks, including the one triggered by the instability in global trade because of U.S. trade tariffs. Economic growth prospects are solid, with […]