statue from Morocco

Morocco’s King Condemns Missile Strikes against Saudi Arabia as “Despicable Criminal Aggression”

King Mohammed VI has condemned the missile strikes against Saudi Arabia that were fired from Yemeni territory, as a “despicable criminal aggression”. In a message to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King Mohammed VI expressed his “deep sorrow” and “great indignation” and his outright solidarity with the […]

Egypt rejects reports about seeking $15b loan from IMF

Egypt’s Finance Minister Mohamed Maait has denied reports that the Arab Republic is seeking a $15 billion-loan from the International Monetary Fund (IMF) to shore up its finances. Goldman Sachs Group Inc. in a July report indicated that Egypt may need to secure $15 billion from the IMF to meet its funding requirements over the […]

Morocco Moved up 9 spots in the 2019 Doing Business Ranking

Morocco has moved up 9 spots in the Doing Business 2019 report, to rank 60th in the world ranking, 2nd in the MENA region and 1st in the Maghreb. The annual report published by the World Bank indicated that the Kingdom has bettered its performance when it comes to doing business. The report, made public […]