tea ceremony at royal residence in salé

Spain Seeks to Benefit from Morocco’s Expansion in Africa

Morocco, one of the major allies of the West in MENA region, has become a powerful and successful investor in Africa thanks to the solidarity based “South-South” cooperation spearheaded by King Mohammed VI. After seeing the positive results of the Moroccan African policy based on “win-win partnerships”, Spain, which is Morocco’s closest European neighbor and […]

Polisario Accepts Nomination of Horst Köhler as UN Envoy to Sahara

The Algerian-backed separatist movement, the Polisario, gave its initial agreement on the appointment of former German President Horst Köhler as Personal Envoy of the UN Secretary General to the Sahara in place of US diplomat Christopher Ross. Moroccan news website, Le360, reported that an official Polisario source said that the UN Secretary General’s proposal for […]

Morocco’s economic growth to pick up in 2020 after 2.6% in 2019- Central Bank

Morocco’s economic growth is expected to fall to 2.6% in 2019 after lower rainfall affected crops, the central bank said, noting that growth would increase to 3.5% in 2020. The central bank, known as Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% while promising to carry out action to promote entrepreneurship. Holding […]