Morocco’s Central Bank Maintains Key Rate at 2.25 % & Expects 4.3 % Growth in 2017

Morocco’s Central Bank, Bank Al-Maghrib, decided Tuesday to maintain its key interest rate unchanged at 2.25 % during the third quarterly meeting of its Board of Directors which expects a 4.3% growth in 2017. After analyzing recent economic developments and reviewing the macroeconomic forecasts, the Board deemed as “appropriate” the decision to uphold the key […]

Jordan opens consulate general in Laayoune

The Kingdom of Jordan became the latest country to officially open a consulate in the capital of the southern provinces, Laayoune, joining more than 20 mostly African and Arab countries with a diplomatic mission in the Sahara. The opening of the consulate was announced last November following phone talks between King Mohammed VI and King […]

Mohammed VI Football Academy ‘Key’ to Morocco’s World Cup Success, FIFA comments

The Rabat-based Mohammed VI Football Academy is the key to the success of the Moroccan national team at the World Cup (Qatar-2022), comments the International Football Federation (FIFA). Under the title, “Mohammed VI Academy: Key to Morocco’s Success”, the world soccer governing body says that “HM King Mohammed VI has launched several development projects in […]