Morocco, a country with a diversified economy, has outpaced hydrocarbon-rich Algeria in foreign exchange reserves, reaching approximately $50 billion in September, according to central bank data. This milestone underscores the success of Morocco’s diversified and productive economy, while exposing the costs of Algeria’s rentier economy which led to restrictive import policies and heavy reliance on […]
President Sisi is on his first official visit to the United Arab Emirates (UAE) as a Head of State and was full of praise of its leaders as he paid homage to the founder late Sheikh Zayed bin Sultan Al Nahyan. He described the ties between the two states as “strong and balanced.” He urged […]
The European Bank for Reconstruction and Development (EBRD) launched this week in Casablanca the Green Economy Financing Facility Morocco II (GEFF II), a credit line facility of €163.5 million. Green Economy Finance Facility Morocco II (GEFF II) is a €163 million financing line set up by the European Bank for Reconstruction and Development (EBRD) with […]
