Al Arabiya channel

Morocco Condemns Terror Attacks in Côte d’Ivoire, Participates in Investigations

King Mohammed VI of Morocco has condemned in the most vigorous terms the simultaneous terror attacks that targeted Sunday the Ivorian seaside resort of Grand Bassam. The King sent a message of condolences to President Alassane Ouattara and also talked to him over the phone. According to a statement released by the Royal Office Sunday […]

Morocco’s Aeronautics Gets $ 20 Mln Investment from US Hexcel Corp.

Hexcel Corporation has announced plans to build a 117,000-square-foot manufacturing plant in Casablanca, Morocco. The $ 20 million new facility will enhance Hexcel global engineered core capacity. This project is part of the US company’s worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. […]

Morocco’s Central Bank pauses monetary tightening as inflation eases

Morocco’s central bank pauses its monetary tightening as inflation is expected to further drop to 2.6% in 2024 from 6% in 2023 amid preparations for reconstruction in earthquake-hit areas. Speaking to the press Abdellatif Jouahri highlighted the uncertainties of the global economy and the need for vigilance, adding that holding the key interest rate as […]