Ecuador’s Foreign Minister Gabriela Sommerfeld reiterated, on Monday, her country’s decision to suspend its recognition of the self-proclaimed “sadr” and emphasized the importance of the Autonomy Initiative for the Sahara region, proposed by Morocco in 2007. During a virtual meeting with her Moroccan peer Nasser Bourita, Sommerfeld took the opportunity to reaffirm Ecuador’s decision, taken […]
The World Bank has warned against the macroeconomic impact of droughts and water scarcity in Morocco wherein economic growth is expected to slow down in 2022 to 1.3 pc from 7.9 pc posted last year. While low rainfall shocks have historically been a driver of macroeconomic volatility in Morocco, droughts tended to be followed by […]
French Alstom group will invest over $16 million on a second rail plant in Morocco which is developing its rail industrial ecosystem with its local expertise to meet its mobility and transportation needs. The 2nd plant will make driving cabs for regional and underground railway trains, said Alstom in a press release issued Thursday. In […]
