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Riyadh reiterates unwavering support to Morocco’s sovereignty over its Sahara

Saudi Arabia reiterated Thursday its firm supportive stand to Morocco’s territorial integrity and sovereignty over its Sahara on the occasion of the 13th session of the Moroccan-Saudi Joint Commission convened in Rabat. The Saudi government also voiced strong backing to the autonomy plan offered by Morocco to the Sahara under its sovereignty, describing the Moroccan […]

EBRD Expects Morocco’s Economic Growth to Reach 4.4 % in 2026 & 4 % in 2027

Morocco’s economic growth is expected to moderate slightly from 4.6 per cent in 2025 to 4.4 per cent in 2026 and 4.0 per cent in 2027, according to projections of the European Bank for Reconstruction & Development. In its latest Regional Economic Prospects, the Bank says strong tourism and remittances have continued to support external […]

EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]