Asia Emerging Markets Headlines International Morocco

Morocco-UAE security cooperation makes Algerian regime extremely nervous

Morocco and the United Arab Emirates have agreed to step up cooperation ties in security through the exchange of experiences in professional police training, advanced police studies and forensic science enabling law enforcement to deliver efficient & effective service. The agreement was inked Monday in Abu Dhabi during the working visit Abdellatif Hammouchi, Head of […]

Business Finance Headlines Libya

Libya: Major crisis at the head of the Central Bank causes the dinar to fall against the dollar

The political deadlock in Libya continues, with the country facing a major crisis following the Libyan Presidential Council’s decision to dismiss Central Bank Governor Al-Siddik al-Kabir over a month ago. The Council’s move to appoint a new Governor and Management Committee has intensified divisions within the country, as this authority lies with Parliament and the […]

Africa Emerging Markets Headlines International Morocco

Sustainable Development: Morocco shares its experience with Senegal

Morocco will share its experience with Senegal in sustainable development and energy transition under an agreement inked Monday in Rabat by the two African brotherly countries. The agreement provides for the know-how transfer, technical assistance and the development of joint projects in good governance in sustainable development governance, climate change, eco-waste management and circular economy. […]

Africa Americas Emerging Markets Headlines International Morocco

King Mohammed VI’s Atlantic Initiative expounded at a ministerial meeting in New York

The Atlantic Initiative launched in 2022 by King Mohammed VI of Morocco was expounded at a ministerial meeting, held in New York Monday, under the chairmanship of US Secretary of State Antony Blinken. During the meeting, held under the theme “Partnership for Atlantic Cooperation,” Moroccan Foreign Minister Nasser Bourita made a presentation on the Royal […]

Americas Business Emerging Markets Headlines International Morocco

Morocco’s ambitious modernization program highlighted in a US think tank analysis

Morocco’s modernization program was highlighted as “ambitious” in an analysis by US think tank Carnegie Endowment for International Peace, which pointed out that the Kingdom has successfully inserted itself into global value chains. “The kingdom’s trajectory in the last quarter century has been characterized by an ambitious modernization program, greater sustainability, and entry into global […]

Emerging Markets Europe Finance Headlines International Morocco

EBRD supports Morocco’s automotive sector with €15 Mln funding

The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Moroccan car equipment supplier, Tuyauto, which produces stamped metal components, exhaust systems, and heat shields. The loan is guaranteed by the EU through the European Fund for Sustainable Development Municipal Infrastructure and Industrial Resilience program to support the company’s environmental […]

Asia Emerging Markets Finance Headlines International Morocco

Japan contributes $180 Million Loan to promote universal health coverage in Morocco

Japan has granted Morocco a $180 million loan to support the kingdom’s development policy program aimed at achieving universal health coverage. The loan is destined to accelerate progress toward universal health access, with focus on improving maternal and child healthcare services in rural areas. It also marks a significant boost to Morocco’s efforts to strengthen […]

Africa Finance Headlines International

Sierra Leone seeks IMF loan worth $253 million

Sierra Leone has asked the International Monetary Fund (IMF) for a 38-month Extended Credit Facility (ECF) arrangement worth about $253 million. The facility would support restoring stability through continued macroeconomic adjustment to address debt vulnerabilities, reduce inflation, and rebuild international reserves; bolster inclusive growth and poverty reduction through structural reforms and targeted social spending; and […]

Algeria Columns Finance Headlines Morocco

Moroccan dirham widens gap with a weakening Algerian dinar

Over the past decade, the Algerian dinar has experienced a dramatic free-fall in value compared to the Moroccan dirham. In 2014, one dirham was worth ten dinars, but by 2024, this gap has doubled, with one dirham now equivalent to twenty Algerian dinars. This gap is not due to an appreciation of the dirham, which […]

Americas Business Headlines International Morocco Technology

US greenlights sale of JSOW medium range precision guided weapon to Morocco

The US has given its go-ahead for the sale of forty AGM-154C Joint Stand Off Weapons (JSOW) to Morocco. Morocco intends to use the missiles on its F-16, multi-role fighter aircraft, and will provide enhanced capabilities in effective defense of critical sea lanes, the Pentagon said. The sale “will increase the Royal Moroccan Air Force’s […]