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Spain refuses to host again ailing Polisario Chief, avoiding new crisis with Rabat

Spain has refused to host again Polisario Chief Brahim Ghali who is suffering from cancer to avoid a new crisis with Rabat. According to several press reports, the head of the polisario-armed militia has been airlifted from the Ain Naadja military hospital in Algiers to Cuba, where he was admitted to intensive care following the […]

Moroccan competition regulator edges closer to delivering fine on fuel distributors

Morocco’s competition council will unveil this week a heavy fine against fuel distributors that amount to 10% of their turnover for uncompetitive practices, local Moroccan media reported. Citing a source close to the matter, le360.ma said the fine could amount to 4 billion dirhams ($400 million). The council’s board will meet on Thursday to make […]

Morocco’s Central Bank keeps rates unchanged, expects growth to reach 2.9 % in 2023 & 3.2 % in 2024

Morocco’s central bank has decided to keep its key rate unchanged at 3 percent due to the high degree of uncertainty surrounding the international developments and the domestic context in the aftermath of the earthquake that hit the country on Sept.08. The decision was made Tuesday by the Board of Bank Al-Maghrib after discussing local […]