gulf leaders

Morocco’s Foreign Reserves Hit Record High on Tourism and FDI Surge

Morocco’s foreign exchange reserves climbed to an unprecedented 431.24 billion dirhams ($47 billion) at the end of October, up 19.6% from a year earlier, according to central bank data. Bank Al-Maghrib projects the upward trend will continue into 2026, reflecting strong tourism receipts and a sharp rebound in foreign direct investment (FDI). Travel revenues rose […]

Morocco Elected Chair of UNESCO Institute for Lifelong Learning Governing Board

Morocco has been elected to the presidency of the Governing Board of the UNESCO Institute for Lifelong Learning (UIL) for the 2026–2028 term, in the person of Zohour Alaoui, the Kingdom’s Ambassador to Berlin. This unanimous election of Morocco by the members came at the conclusion of the 21st meeting of the UIL Governing Board, […]

Morocco’s Managem produces first gold bar at Guinea mine

Morocco’s mining leader Managem said it has produced a first gold bar at its Tri-K mine in Guinea, where it started gold production on June 23. Managem expects to produce 130,000 ounces of gold annually. The company has announced earlier this year that it will start production at the mine where reserves exceed 1.56 million […]