King Salman of Saudi Arabia has reaffirmed that the member countries of the Gulf Cooperation Council reject any act that may affect Morocco’s supreme interests. In his opening address before the first Morocco-GCC summit held Wednesday in Riyadh with the participation of King Mohammed VI, King Salman reaffirmed “total rejection” by Saudi Arabia and the […]
Huge financial challenges lie ahead according to Finance Minister Slim Besbes with estimations pegged around 7 billion dinars. The country is struggling to stand on its feet and it is hoping to raise the amount through loans and aids. The economy and revenue earning ventures are suffering from the effects of the revolution and the […]
Morocco reported a surplus for the fourth consecutive year in its trade with Africa although its exports dropped 2.4% in 2018. Morocco exported 21.57 billion dirhams in goods to Africa in 2018. The continent takes 7.8% of Morocco’s exports. Over four years, Morocco’s exports to Africa grew 29% while imports dropped 5% as the Kingdom […]
