
Moody's Affirms Morocco's Ba1 Rating, Cites Stable Economic Outlook
The international rating agency Moody’s Rating confirmed Morocco’s Ba1 rating on Friday, noting that the kingdom’s economic outlook "remains stable".
P. A

The international rating agency Moody’s Rating confirmed Morocco’s Ba1 rating on Friday, noting that the kingdom’s economic outlook "remains stable".

The city of Casablanca plans to auction off its real estate, including villas whose monthly rent is too low and do not generate significant resources for the municipality.

After more than two years of absence, Mohamed Ihattaren made his comeback on Sunday. The Moroccan-born player of RKC came on the field during the match against his former club, Ajax (0-2).

FedEx, the American multinational transportation and logistics company, plans to lay off 96 employees in Spain, mainly in the areas of customer service, sales and new technologies (IT), and to relocate to Morocco and Turkey where labor is cheaper.

While he had taken refuge in Tangier, Morocco for seven months, Karim El Baqqali, suspected of the death of two civil guards in the port of Barbate (Cadiz) last February, surrendered to the Spanish authorities last week.

The Al Mada group, belonging to the Moroccan royal family, has announced the acquisition of Nutkao, the Italian food company specializing in the production of cocoa, milk and hazelnut spreads, a direct competitor of Ferrero and its Nutella.

Moroccan Taha O., 22, is accused of the murder of Philippine , the student found dead in the Bois de Boulogne. Me Laura Beauvais, a criminal lawyer at the Paris bar, who had defended him in his first rape case, makes disturbing revelations about the young man’s life and psychological profile.

Marrakech is the most sought-after destination by the French for autumn trips and the All Saints’ school holidays (October 19 to November 3), according to the ranking of a flight search engine.

The Spanish Society for Studies on Fixed Communication through the Strait of Gibraltar (SECEGSA) has recently launched a call for tenders for the rental with option to purchase of four seismometers in order to study the seabed of the strait as part of the project to build a tunnel connecting Spain and Morocco.

The price of olive oil in Morocco has recorded record increases (up 32.9% on average over one year) due to the persistent drought that has been hitting the kingdom for a few years. This highly prized product seems to be becoming inaccessible for low-income Moroccan families.

Two children lost their lives in Kenitra after being bitten by a rabid dog. The news of their death has sparked outrage among residents of the region, who deplore the persistence of the stray dog phenomenon.

The police arrested two young girls accused of desecrating the Quran on a street in Marrakech.