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Spanish FM hails ‘excellent’ momentum of Spain-Morocco Relations

Spain’s Minister of Foreign Affairs, José Manuel Albares welcomed on Monday the “excellent” momentum witnessed in relations between Spain and Morocco. Speaking before the Foreign Affairs Committee of the Spanish Congress of Deputies, the head of Spanish diplomacy expressed his gratitude to Morocco for its support during last week’s power blackout in Spain, a support […]

Gradual Dirham Float will not Lead to Devaluation- Central Bank

The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]

Sahara: Polisario’s Banditry Puts Ceasefire Agreement At Risk

The Polisario is set to occupy the border crossing linking Morocco to Mauritania through its repetitive acts of banditry in the area that is supposed to remain demilitarized under the UN sponsored 1991 ceasefire agreement in the Sahara. Few days after barring the road to participants in a desert rally departing from Dakhla and bound […]