Recent Posts

Fitch Ratings maintains Morocco’s “BB+” rating

The American rating agency Fitch Ratings has maintained its default rating for Morocco’s long-term foreign currency issuers at “BB+” with a stable outlook. It anticipates an increase in debt and budget deficit in 2022, due to the gloomy economic climate and rising commodity prices. In a statement, the rating agency …

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Oracle creates a research unit in Morocco

Oracle, a company specializing in computer database management systems, will set up a research and development center in Morocco, its very first in Africa. The announcement was made during a meeting between Aziz Akhannouch and Safra Catz, CEO of Oracle Corporation, visiting Morocco, said a statement from the Head of …

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Tourism receipts up 80% in Morocco

Tourism receipts are established at 9.7 billion dirhams at the end of March, up 80% compared to the same period last year. This improvement observed since the resumption of international flights continues, indicates the Minister of Tourism Fatim-Zahra Ammor, questioned by parliamentarians on “the measures taken in favor of the …

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