Morocco maritime waters

Morocco’s Central Bank keeps rates unchanged, expects growth to reach 2.9 % in 2023 & 3.2 % in 2024

Morocco’s central bank has decided to keep its key rate unchanged at 3 percent due to the high degree of uncertainty surrounding the international developments and the domestic context in the aftermath of the earthquake that hit the country on Sept.08. The decision was made Tuesday by the Board of Bank Al-Maghrib after discussing local […]

Veolia to build world’s second largest desalination plant in Morocco

Morocco picked French firm Veolia to build the largest desalination plant in Africa and the world’s second largest, as the country seeks to address water-stress challenges. A Memorandum of Understanding was signed in that connection between Morocco’s interior ministry and Veolia, on the sidelines of the visit by French President Emmanuel Macron to Morocco at […]

Egypt: Former Presidential hopeful, Vocal Critic of Sisi Arrested

Egyptian Security authorities announced Wednesday the arrest of Moneim Aboul-Fotouh, an ex-presidential candidate and vocal critic of President al-Sisi whom he urged step down for failing to address the country’s challenges. The candidate in the 2012 post revolution election was arrested upon his return from London where he gave an interview criticizing President al-Sisi and […]