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Volkswagen Reportedly Chooses Morocco not Algiers
It seems that Morocco has won another battle against its neighbouring arch-rival Algeria, member of the OPEC cartel. After months of secret negotiations with the two countries, German automaker Volkswagen is believed to have finally picked Morocco to install its new plant following suit of French groups Renault and Peugeot-Citroen. According to sources close to […]
IMF Director: Price stability is a basic condition to achieving growth; WB President eyes longer, cheaper loans
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Friday that price stability is “is a prerequisite for growth and it protects people, especially the poor.” This means the fight against inflation remains paramount. In her address at the plenary session of the 2023 annual meetings of the World Bank and the […]
Morocco Foils Drug Trafficking Attempt at Guerguarate Crossing Point
Moroccan security and customs services have foiled a drug smuggling attempt at Guerguarate crossing point, in the southernmost tip of the country on the borders with Mauritania. The search operation, carried out Wednesday on the basis of accurate information provided by the Directorate General for Territory Surveillance (DGST), enabled the seizure of 11,940 tons of […]



