The International Monetary Fund (IMF) has announced that it will be holding back on negotiations for the $4,8billion loan to Egypt, because the country’s financial situation is worsening. It has decided to only continue with talks when it receives updated economic information and reform plans from the government. The freezing of negotiations which have been […]
Iran continues its indiscriminate attacks on civilian targets in the Gulf killing a Moroccan national in Bahrain on March 24. The Moroccan man was a contractor on a mission with the UAE army in Bahrain. Both Bahrain and the UAE have not declared war on Iran. Yet they bear the brunt of Iranian indiscriminate missiles […]
Morocco’s foreign exchange reserves stood at 201.5 billion Dirhams by July 2017, shrinking 16.4% compared to the same period last year, the Central Bank, Bank Al Maghrib said. The Bank said it maintains key interest rate at 2.33%, adding that the exchanges volume rose from 5.4 billion to 8.2 billion DH. The drop in Morocco’s […]
