Biden Administration maintains recognition of Morocco’s sovereignty over Sahara

US Acting Assistant Secretary of State for Near Eastern Affairs, Joey Hood, said Biden administration maintains recognition of Morocco’s sovereignty over the Sahara. “There is no change in the US position,” he told reporters in Rabat Wednesday following talks with Foreign Minister Nasser Bourita. Hood reiterated support for a UN solution to the Sahara issue […]

Morocco Launches “Made in Morocco” Label to Boost Industrial Sovereignty

Morocco unveiled its “Made in Morocco” label during the third National Industry Day held November 3-4 in Rabat, marking a strategic push to enhance manufacturing competitiveness and territorial development under royal patronage. Prime Minister Aziz Akhannouch highlighted infrastructure investments supporting industrial growth, including Tanger Med Port, over 1,800 kilometers of highways, 157 industrial zones, and […]

Fitch gives Morocco ‘BB+’ rating with stable outlook

Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]