G20 Japan 2019

Pentagon Commends Morocco as Strong & Stable Partner

The US Department of Defense has praised Morocco’s role as a strong and stable partner in North Africa, hailing the noteworthy military contributions made by the North African country as part of coalition efforts to defeat ISIS extremist group in Iraq and Syria. The remarks were made by the Pentagon in a press release issued […]

Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]

Morocco, Tunisia, Egypt poised for record tourism year

Morocco, Tunisia, and Egypt are on their way to report a record tourism year in terms of revenue and arrivals as they all shed Covid-19 dust buoyed by growing demand from tourist emitting markets on Mediterranean destinations. Despite the global inflationary context and surge in ticket prices due to the Ukraine-Russia war, Egypt reported 7.7 […]