International hotel chains are showing intensifying interest in Morocco, a trend that tourism expert Zoubir Bouhoute says reflects a genuine transformation in the sector’s national standing. In an interview with Finances News Hebdo, Bouhoute identifies four principal drivers behind the surge. The first is structural: geographic proximity to Europe, favorable climate, landscape diversity and competitive […]
Following the extreme weather conditions affecting Morocco, the Royal Armed Forces (FAR) have been instructed by King Mohammed VI, Supreme Commander and Chief of General Staff of the FAR, to intervene immediately, through the mobilization of a set of human and logistical resources. In this context, and in coordination with the Ministry of the Interior […]
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
