Emerging Markets Finance Headlines Morocco

Morocco’s debt rating outlook stable at Ba1, Moody’s says

Moody’s Ratings has affirmed Morocco’s stable credit outlook at Ba1, saying the rating reflects Morocco’s institutional strengths and robust external position. “The stable outlook reflects our expectation that the government will pursue economic and social reforms to improve the economy’s resilience to shocks while keeping the debt burden stable,” Moody’s said. “We expect the government […]

Columns Headlines International Maghreb Morocco

UN-Sahara: Morocco Reaffirms to De Mistura its Clear, Constant & Firm Position

Moroccan foreign minister Nasser Bourita conferred Sunday in New York, on the sidelines of UN General Assembly, with UN Sahara envoy Staffan de Mistura ahead of the UN Security Council meeting on the issue in October. The meeting, attended by Morocco’s Permanent Representative to the UN, Omar Hilale, was an opportunity to highlight the international […]

Europe Headlines International Morocco

President Macron to visit Morocco late October, Elysee

French president Emmanuel Macron is expected to pay a visit to Morocco by the end of October, according to the Presidential palace, the Elysee. The visit would take place on October 29-30, sources told le360, as the two countries build on the momentum created by Paris support for Morocco’s territorial integrity, ending a period of […]

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Sahel States laud Royal Atlantic access initiative as strategic

Sahel States have lauded King Mohammed VI’s initiative aiming to facilitate their access to the Atlantic Ocean, as a “highly important strategy” for co-development and prosperity in the region and as a move that will help the Sahel states diversify their sources of access to the Atlantic. This came in a joint communiqué released following […]

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Defense Industry: Morocco to Produce India’s Armored Combat Vehicle

Morocco is developing its defense industry to reduce its dependence on foreign weapons purchases and strengthen its military capabilities to counter threats to its national security. After it adopted the legal frameworks governing military industry clusters and established military industry zones, the North African Kingdom attracted India ‘s “TATA Advanced Systems”, which has become one […]

Asia Headlines International Morocco

Palestinian PM commends Moroccan King for his sustained efforts in favor of Palestinian cause

Palestinian Prime minister and Minister of Foreign Affairs, Mohammad Mustafa, expressed, Thursday in New York, his thanks and gratitude to King Mohammed VI, Chairman of the Al-Quds Committee, for his sustained efforts in favor of the Palestinian people. “I would like to renew my thanks to His Majesty King Mohammed VI for his sustained efforts […]

Headlines Morocco

Morocco launches rehabilitation program for flood-affected areas

The Moroccan government has launched a $258,69 million rehabilitation program for areas in the southeast of the Kingdom severely impacted by recent floods. The initiative, launched in implementation of the instructions of King Mohammed VI, is meant to address the impact of the unprecedented rainfall that has resulted in significant human losses and extensive damage […]

Europe Headlines International Maghreb Morocco

Netherlands reiterates support for Morocco’s autonomy plan for the Sahara

The Netherlands reiterated, Thursday in New York, its support for the Moroccan autonomy plan, deeming it a “very serious and credible” contribution to the political process led by the United Nations. “The Netherlands considers the autonomy plan, presented by Morocco in 2007, as a very serious and credible contribution to the political process led by […]

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African Atlantic States commend Morocco for its initiative, leadership

Member countries of the Rabat Process on the African Atlantic States (AASP) praised, in New York, Morocco’s initiative and leadership in creating this coordination framework, which will help find appropriate solutions to mutual challenges. At a Ministerial Meeting of the Atlantic African States Process held on the sidelines of the ongoing 79th UN General Assembly, […]

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Moroccan economy, boosted by manufacturing & tourism, to expand 2.9% in 2024 (EBRD)

Morocco’s economy is expected to grow by 2.9% in 2024, driven by a resurgence in manufacturing and tourism, according to the European Bank for Reconstruction and Development (EBRD). The EBRD’s latest regional economic outlook, released on Thursday, highlights the resilience of Morocco’s economy despite adverse weather conditions. “The recovery in manufacturing and tourism, bolstered by […]