remittances

Rabat, Riyadh renew mutual attachment to their strategic alliance

Morocco and Saudi Arabia have renewed their mutual attachment to their strategic alliance and their unwavering support to each other against any threat, interference in their internal affairs or attempt at their integrity. At a joint press conference held Wednesday in Rabat at the end of talks, the two countries’ Foreign Ministers, Salaheddine Mezouar and […]

Egypt’s top companies complain about skill shortage as employment increases

Leading companies in Egypt are facing serious shortage of skills in the recruitment process, US-based online Nexford University has revealed in a report, Zawya reports. A survey conducted by the Washington institution that defines itself as a breeder of “leaders not followers”, shows that 78 percent of companies, including PWC, Pfizer and the National Bank […]

Fitch Affirms Morocco at BBB- Rating & Revises Outlook to Negative

Fitch Ratings has affirmed Morocco at ‘BBB-‘ rating and revised the Outlook on country’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to negative. The global rating agency explained the negative outlook by the impact of the coronavirus pandemic on the Moroccan economy which will experience the sharpest GDP contraction in 25 years, besides a marked increase […]