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Category: Morocco
Moroccan employers happy with interest rate cuts
Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for ... Read More
Morocco’s Central Bank expects economy to shrink -5.2%, cuts rates to release liquidity
Morocco’s central bank cut the key interest rate from 2% to 1.5% to shore up the economy and reduced the reserve requirement for banks to ... Read More
US welcomes Morocco’s leadership in fight against COVID-19
The United States has joined the list of countries that commended Morocco’s humanitarian initiative to support several African states in their fight against COVID-19. The ... Read More
Intra-African solidarity, Morocco matches words with actions
Morocco has started a campaign to airlift medical aid to help 15 African countries counter the coronavirus outbreak in a new expression of intra-African solidarity, ... Read More
Interior ministry bans political parties from distributing aid during confinement
The Interior ministry has confirmed that his department has prohibited political parties from distributing food aid to the needy during the confinement. The Interior Minister ... Read More
Oil Conocophillips to assess Morocco’s hydrocarbons potential in northern region
Morocco has granted to the oil company Conocophillips-Morocco Ventures Ltd, a subsidiary of American energy corporation, a two-year permit to carry out onshore exploration works ... Read More
Mauritania, others welcomes royal decision to dispatch medical aid to African countries
Mauritanian Foreign Minister Ismaël ould Cheikh Ahmed has welcomed the decision made by King Mohammed VI to dispatch medical aid to 15 African countries, including ... Read More
Covid-19: Morocco supports artists, writers, actors, musicians…
Morocco’s minister of culture Othman El Ferdaous has unveiled a new series of supportive measures destined to mitigate the impact of the coronavirus pandemic on ... Read More
COVID-19: Easing or lifting restrictive measures in Morocco depends on evolution of epidemiological situation
The decision to ease or lift the confinement and other restrictions imposed to limit the spread of the coronavirus remains closely linked to the evolution ... Read More
King Mohammed VI undergoes successful heart operation in Rabat
King Mohammed VI of Morocco underwent a successful operation on Sunday June 14 following a recurrent heart rhythm disorder, the King’s medical team said in ... Read More