Morocco
Morocco Maintains BB+ Credit Rating as S&P Cites Economic Reforms
S&P Global Ratings announced the maintenance of its BB+ ratings assigned to Morocco’s long-term sovereign issues, with stable outlooks.
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Morocco
Morocco
Morocco Issues First Licenses for Legal Cannabis Production and Export
The National Agency for the Regulation of Cannabis Activities (ANRAC) announced that it has issued 10 operating authorizations, in accordance with the legal provisions in force.
Morocco
Former Moroccan PM Warns of Iran's Role in Destabilizing North Africa
The former Head of Government, Saad Dine El Othmani, accuses Iran of arming the Polisario against Morocco->96869], warning of a destabilization of the Maghreb.
Morocco
Cocaine Trafficking Ring Uncovered in Marrakech Nightclubs, Bouncer Arrested
Following the arrest of a bouncer in possession of cocaine packets in Marrakech, the police launched an investigation, under the supervision of the public prosecutor’s office. He is suspected of belonging to a trafficking network operating in the city’s nightclubs.
Morocco
Magnitude 4.8 Earthquake Strikes Northern Morocco's Driouch Province
An earthquake of a magnitude of 4.8 on the Richter scale was recorded on Tuesday in the province of Driouch, in northern Morocco.
Morocco
Gold Smuggling Ring Uncovered in Morocco, Linked to Money Laundering Scheme
The arrest of a jeweler for issuing bad checks has led investigators to the trail of a criminal network. It would be active in money laundering from the smuggling of gold from Turkey.
Morocco
UN Security Council Holds Closed-Door Meetings on Western Sahara Dispute
The Sahara issue will be at the heart of four meetings of the UN Security Council during this month of October. Meetings at the end of which the United Nations (UN) will take a new resolution.
Morocco
Former Rapper Diam's Launches Luxury Villa Rental in Marrakech
After leaving the scene more than ten years ago, Diam’s has embarked on interior design. The former rapper is offering a new project in Marrakech.
Morocco
Morocco's Phosphate Exports Surge 67.7%, Boosting Economy
At the end of last August, Moroccan phosphate and derivative exports increased sharply, reaching 7.89 billion dirhams (MMDH), an increase of 67.7% compared to a year earlier.
Morocco
Netflix Explores Moroccan Film Production Partnership in Talks with Government
Moroccan Minister of Culture Mehdi Bensaid met on Monday with the special envoy of the Netflix president. The objective is to negotiate the establishment of the American platform in Morocco to increase the annual turnover of foreign shoots in the kingdom by 2027.
Morocco
Morocco's Real Estate Market Slumps as Cement Sales Drop 7.2%
The crisis seems to be setting in. Cement sales, the main indicator of real estate activity continue to decline in Morocco. At the end of last August, these sales fell by 7.2% year-on-year, according to the Directorate of Studies and Financial Forecasts (DEPF).
Morocco
Moroccan University Seeks Partnerships with UK-Based Diaspora to Boost Graduate Opportunities
In order to create close relationships with Moroccans living abroad, the Mohammed VI Polytechnic University (UM6P) had on October 1st in London, a working session with many Moroccan skills residing in the United Kingdom.