Finance Headlines Morocco

Morocco’s Central Bank raises rates to 2% to fight inflation

Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]

Headlines Morocco

Morocco preserves its reputation in the world in 2022

Morocco’s reputation has remained stable in the course of 2022, registering a slight increase of 0.3 points in its general reputation indicator, standing at 48.6 points on the RepCore scale, which corresponds to a moderate reputation according to the Reputation Lab normative scale. This is what emerges from the report published by the IRES. This […]

Headlines Morocco

Moroccan cultural scene turns Covid-19 page

At least 520,000 people attended a music festival that run over three days (Sept. 22 – 25) in Rabat, bringing together a constellation of mega music stars, signaling the recovery of Morocco’s artistic scene after a period of cultural lethargy that lasted two years because of Covid-19. The final concert was attended by 200,000 music-lovers […]

Headlines Mauritania Morocco

Morocco & Mauritania Discuss Security Cooperation Prospects

Head of Morocco’s national police & domestic intelligence agency Abdellatif El Hammouchi and Mauritania’s Chief of national security Mesgharou Ould Sidi Leghweizi discussed on Tuesday in Rabat ways of enhancing security cooperation and coordinating efforts against common regional challenges. The two parties stressed the importance of strengthening cooperation in police training, exchanging experiences, expertise and […]

Columns Headlines Maghreb Morocco Opinions

Morocco at UNGA asks Algeria to take a hard look in the mirror

Morocco has once again, in the UN General Assembly, held Algeria responsible for the perpetuation of the conflict in the Sahara territory and for the fate of thousands of Sahraouis living in precarious conditions in the Polisario-run camps in southern-Western Algeria. In response to an address by Algeria’s foreign minister Ramtane Lamamra in which he […]

Headlines International Morocco

PAP President stresses importance of inter-African cooperation to meet development challenges

Cooperation and solidarity among African countries and peoples are essential to meet the challenges of development in the continent, Pan-African Parliament (PAP) President Fortune Zephaniah Charumbira said Monday in Rabat. Speaking at an inaugural course at the College of Legal, Economic and Social Sciences under the theme “The Pan-African Parliament at the heart of current […]

Algeria Headlines Maghreb Morocco

Moroccan FM receives Algerian envoy bearing letter of invitation to King Mohammed VI to attend Arab Summit

On the High Instructions of King Mohammed VI, the Minister of Foreign Affairs,  Nasser Bourita, received this Tuesday, September 27, 2022, the Algerian Minister of Justice,  Abderrachid Tebbi, emissary of President Abdelmajid Tebboune, to the King.   The emissary of the Algerian president handed over to Bourita the letter of invitation addressed to King Mohammed […]

Business Emerging Markets Europe Headlines International Morocco

OCP Buys 50% Stake in GlobalFeed from Spanish Fertinagro Biotech

Moroccan state-owned Phosphate giant, OCP Group, announced on Monday it acquired 50% stake of GlobalFeed S.L. from Fertinagro Biotech S.L., a major Spanish fertilizers producer. “This acquisition confirms OCP’s objective to diversify its phosphate solutions and become a leading player in the animal nutrition sector, addressing growing demand and expanding its offerings to specialty sustainable […]

Business Headlines Morocco

Morocco ranks 3rd in Africa on Digital quality of life index

The “Digital Quality of Life Index” (DQL), rating digital connectivity in 117 countries in the world, has ranked Morocco 3rd on the African continent and 71 worldwide. The fourth edition of the index took into account 14 indicators including speed, GDP per capita, mobile Internet cost and broadband Internet cost. The study is based on […]

Headlines International Morocco

Morocco takes part in Interpol’s police training symposium in Riyadh

Morocco is taking part in the 23rd Interpol police training symposium which opened Monday in Riyadh at Naif Arab University for Security Sciences with the participation of some 450 experts and specialists in security and penal law. Themed: “Law enforcement training in a post-pandemic world”, the three-day hybrid symposium focuses on how law enforcement responded […]