Niger attack on soldiers

Casablanca stock exchange on the red over Covid-19 fears

The main index at Casablanca’s stock exchange suffered on February 9 the steepest single-day plunge in its history amid a similar trend in international bourses due to Coronavirus fears. Investors rushed to sell shares causing a 5.82% drop in Masi, Casablanca’s main index, which lost 11.2% of its value since the beginning of 2020. The […]

Libya: UAE in Favor of LPA but still ‘Supports’ Thinni’s Government

Libya’s Prime Minister-designate Sunday failed to win firm backing from the United Arab Emirate (UAE) after Abu Dhabi called for the implementation of the Libyan Political Agreement (LPA) signed in December. Faiez Serraj held talks with UAE’s deputy Prime Minister Sheikh Mansour bin Zayed Al Nahyan to persuade the Emiratis to drop their support for […]

IMF confirms Morocco’s favorable economic prospects, calls for more reforms

The International monetary fund said Morocco could post a growth rate of 4.5% in 2024 from 3% in 2018 if it continues on path of reform and inclusive growth. “Morocco’s medium-term prospects remain favorable, with growth expected to reach 4.5 percent by 2024” the IMF said in a report following Article IV consultations. The North […]