Tanger-med port

Morocco’s wealth concentrates in coastal hubs, regional disparities deepen

Morocco’s economic geography reveals a tale of two countries: thriving coastal hubs generating most national wealth while interior regions struggle with decline, according to new regional accounts from the High Commission for Planning. Casablanca-Settat remains the undisputed economic powerhouse, contributing 31.4 percent of national GDP and over a quarter of household consumption. Yet this dominance […]

Remittances by Moroccans abroad account for 20% of Morocco’s total forex reserves

Money sent home by Moroccans living abroad represented 20% of overall foreign exchange reserves held by Morocco, head of the government Saad Eddine El Othmani said. Despite the pandemic, remittances proved resilience and showed the values of solidarities held dear by Moroccans. Total remittances stood at 7.4 billion dirhams in 2020, up from 6.9 billion […]

Libya: France Secretly Operating in Libya

While Libya is struggling to form a national unity government and the West is eager to intervene in the country to combat the Islamic State group, information emerged that France secretly deployed some of its troop to the country. Bloggers had claimed sighting French troops in eastern Libya since mid-February but Paris is still silent […]