guerguarat

Sahara: UN Representative Miguel Ángel Moratinos lauds Spanish Government’s support to Morocco’s Autonomy Plan

The High Representative of the UN for the Alliance of Civilizations, Miguel Ángel Moratinos, commended at a recent gathering in Madrid, the Spanish government’s endorsement of the Morocco-proposed autonomy plan for the Sahara aimed at resolving the longstanding regional dispute. Moratinos praised Spain’s stance as an “important political and strategic commitment,” during a meeting organized […]

UK’s renewable energy developer TuNur plans to set up $1.5bn solar plant in Tunisia

UK’s renewable energy developer TuNur plans to invest $1.5 billion in building an export-oriented solar power plant in Tunisia with a capacity of 500 megawatts, the North African country’s state-run news agency announced Tuesday. Daniel Rich, the CEO of the British company made the announcement as he met with Tunisia’s Minister of Economy and Planning […]

Morocco’s Central Bank keeps key rate unchanged at 3 % & expects 2.1 % Growth in 2024

Morocco’s central bank has decided to maintain the current key rate at 3 percent and expects the country’s economic growth to be limited to 2.1 percent in 2024, before rebounding to 4.3 pc in 2025. During its first meeting of 2024 held Tuesday in Rabat, the Board of Bank Al Maghrib said the key rate […]