egypt-military

Morocco’s First High-Speed Train to Be Inaugurated Nov. 15

Morocco’s high-speed train, the first of its kind in Africa, will be inaugurated on Nov.15th in the presence of French President Emmanuel Macron at the invitation of King Mohammed VI, according to Reuters news agency which cited the French Presidency. Some Moroccan local media also reported the news. This landmark project in the Moroccan-French relations […]

Morocco Completes Asphalt Paving of Guergarat Road

Following a successful anti-smuggling operation to clear the border area of Guerguerat from all sorts of illegal commercial activities, Morocco completed the asphalting of the Guergarat road as part of a security measure. A government source told the le360.ma that the asphalting works of the road to Guergarat in beyond the security wall in the […]

Morocco’s Central Bank maintains accommodative policy to promote growth

Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting growth, than curbing a high inflation caused by exogenous factors. The Bank said inflation would soar to 5% in 2022 and drop to 2% next year. Central Bank governor had […]