Algeria Demonstrations

Lebanon: World Bank official urges for reforms in Lebanon  

Eric Le Borgne, lead economist at the World Bank, has urged Lebanese policy makers to focus on the country’s longstanding and worsening structural challenges because they are becoming more binding if the international ranking among key investment climate assessments is taking into consideration. Regional conflicts and the influx of refugees increased pressure on the country’s […]

Morocco Rejects Istiqlal Party Leader’s Statement on Mauritania as “Dangerous & Irresponsible”

The Moroccan Ministry of Foreign Affairs has “vigorously rejected” as “dangerous and irresponsible” the statement made by the Secretary General of the Istiqlal Party on Mauritania’s territorial integrity and renewed full respect for the Mauritanian borders as internationally recognized. The Ministry said in a communiqué released on Monday that it “followed with concern the polemics […]

Casablanca stock exchange nears historic record following benchmark rate cut

Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]