Moody’s rates the Moroccan economy International rating agency Moody’s Rating confirmed Morocco’s Ba1 rating on Friday, noting that the kingdom’s economic outlook “remains stable.” This confirmation of Morocco’s Ba1 ratings highlights the kingdom’s institutional strengths and its solid external position, as well as the low income levels and socio-economic challenges that limit the government’s fiscal […]
Morocco: the son of a senior official sentenced to 30 years in prison Sentenced to the death penalty for intentional homicide at first instance, the murderer of a young man in Agadir benefits from a reduced sentence on appeal. Mitigating situation for the parliamentarian’s son prosecuted for intentional homicide and mutilation of the victim’s corpse. […]
A new highway between Fez and Marrakech via Khenifra The project ofFez-Marrakech highway via Béni Mellal and Khénifra is on the verge of becoming a reality, thus connecting two regions and generating considerable economic impacts. According to several sources, technical field studies for this new highway project should begin very soon.
Casablanca sells (cheap) its villas The city of Casablanca plans to sell its land assets at auction, including villas whose monthly rent is too low and which do not bring significant resources to the municipality. The Casablanca municipal council has included the sale of several properties, including villas, on the agenda for its next session […]
Morocco: the end of construction near the wadis? Hit by devastating floods, the province of Tata is recovering from the rubble. Local authorities are working to rebuild destroyed houses. After the floods, it is time for reconstruction in Tata, one of the provinces affected by the latest floods. Joint commissions, made up of experts, will […]
The United Kingdom warns its nationals visiting Morocco The United Kingdom has placed several countries including Morocco, Algeria, Tunisia, Egypt, Israel, the United Arab Emirates and Saudi Arabia on the list of destinations that its nationals must avoid due to the risk of intensification of the conflict between the Hebrew State and Lebanese Hezbollah. The […]
The Moroccan royal group Al Mada seizes Nutkao to conquer Europe The Al Mada group, belonging to the Moroccan royal family, announced the acquisition of Nutkao, the Italian food company specializing in the production of cocoa, milk and hazelnut spreads, a direct competitor to Ferrero and its Nutella. The operation was carried out through Teralys, […]
The French favor Marrakech Marrakech is the most sought-after destination by the French for autumn trips and the All Saints’ Day school holidays (October 19 to November 3), according to the ranking of a flight search engine. The ocher city comes at the top of the top 10 in this ranking. It is followed by […]
Morocco: an earthquake triggered by phosphate extraction An earthquake shook certain areas of the Béni Mellal-Khénifra region on Saturday, more precisely in Béni Oukil, between the towns of Fquih Ben Salah and Khouribga. Nasser Jabbour, director of the National Institute of Geophysics (INGP), responsible for seismic monitoring in Morocco, affirms that this earthquake is caused […]
Visa for Moroccans: the absurdity of the Algerian decision Algeria has reintroduced the visa for “all foreigners holding a Moroccan passport” on the grounds that Morocco deploys “Zionist intelligence agents (…) to freely access the national territory” and carry out “various actions detrimental to stability of Algeria and its national security. Justifications deemed absurd by […]