IMF

Washington Lauds Rabat’s Mature & Balanced Approach Regarding Sahara Issue

Under Secretary of State for political affairs Thomas A. Shannon hailed Morocco for its mature and balanced approach in dealing with the Sahara issue, describing the proposal made by the North African country to grant autonomy status to the disputed territory as “realistic, serious and credible.” “Morocco’s autonomy proposal is realistic, serious and credible,” and […]

Moroccan car manufacturer Neo Motors opens showroom in Rabat

Moroccan car manufacturer Neo Motors opened its first showroom in Rabat and started delivering vehicles to customers. Neo Motors is the first car maker in the Moroccan capital with factories near Rabat and a price tag starting at 175000 dirhams. Neo Motors plans to open 15 other showrooms across Morocco. Neo Motors’s Rabat factory has […]

World Bank: Morocco’s economy to grow by 3.2 % in 2022

The Moroccan economy is expected to grow by 3.2 percent in 2022 against 5.3 pc growth recorded the previous year, says the World Bank in its latest Global Economic Prospects report. Morocco’s output is expected to slow this year from the previous year’s rebound as the Kingdom’s agricultural performance returns to historical averages after the […]