American credit rating agency Fitch Ratings revised, Monday, Morocco’s Attijariwafa Bank (AWB), Bank of Africa (BOA) and Credit Immobilier et Hotelier (CIH) outlooks to negative from stable. The agency also affirmed the three bank’s Long-Term Foreign-and Local-Currency Issuer Default ratings (IDRs) at ‘BB+’. The rating agency explains that its ratings are based on the probability of support from the Moroccan sovereign, whose rating is ‘BBB-‘ with a negative
As of Monday, May 18, Morocco recorded 82 new confirmed coronavirus cases, bringing the total number of Covid-19 infections in the country to 6,952. Almost 87% (71) of the new cases were in close contact with previously confirmed ones, Mohamed Lyoubi, head of the epidemiology department at the Ministry of Health, said during the daily press briefing. The majority of these new cases were identified in the region of Casablanca-Settat, mainly in Casablanca, where the three hotspots were
Speaking before the Parliament, Head of government Saadeddine El Othmani announced that Morocco is extending the lockdown by three additional weeks. He touched upon the developments of the pandemic in the Kingdom.
The oldest known doctor of medicine degree was granted in Fez to Moroccan student Abdellah Ben Saleh Al Koutami. The latter studied at the Univesity of al-Qarawiyyin and was the disciple of prestigious Muslim scientists, including Al Baytar and Annabati.
Morocco is the best performing country in Africa and in the Middle East and North Africa region, according to the Energy Transition Index for 2020. Compiled by the World Economic Forum, the index evaluates the performance of energy systems in 115 economies. According to the «Fostering Effective Energy Transition report», which summarizes insights from the Energy Transition Index, the Kingdom is one of the few countries in the world that «achieved sustainable gains on its
A group of 28 South Africans, stranded for nine weeks in Morocco due to the coronavirus crisis, has finally been brought back home. The plane that flew for 20 hours landed, Sunday, at the O.R. Tambo International Airport, South Africa's biggest airport. The flight carried 74 South Africans, including 28 stuck in Morocco, 17 from Ivory Coast, 10 from Burkina Faso, 12 from Mauritania and seven from the Congo, News24 reported. «I cannot explain what it was like to land in each
60 new confirmed coronavirus cases were recorded between Sunday afternoon and Monday morning in Morocco, bringing the total number of Covid-19 infections in the country to 6,930, the health Ministry announced. In a recent update, the Ministry reported that 87,665 suspected cases have tested negative for the virus so far. While deaths related to the coronavirus stand at 192, the number of Covid-19 patients who recovered in the Kingdom has reached 3,732. The confirmed coronavirus cases in the
On Sunday, local media in Ceuta reported an «imminent» start of the repatriation operation of Moroccans stranded in the city since March. «The repatriation of Moroccans stranded in Ceuta will begin this afternoon. Moroccans will leave the city in stages, between today and Tuesday», Ceuta Actualidad wrote this Sunday. El Faro de Ceuta even said that a fleet of several buses would head towards the city, adding that two hotels in Tamouda Bay would be open to receive
The repatriation operation that brought Moroccans stranded in Melilla home was allegedly marked by irregularities. It did not include the poorest members of the Moroccan communities who are still stranded on the other side of the border.
One of the Moroccans stranded in Melilla and repatriated on Friday tested positive for Covid-19. Others who tested negative will be tested again in a few days to rule out any infection.