Western Union

European Parliament: EPP Group concerned over Algeria cutting gas supplies to Europe

The European People’s Party (EPP), one of the largest political groups in the European Parliament, has expressed deep concern over Algeria’s unilateral decision of stopping to supply Europe with gas through the Maghreb Europe gas pipeline (GME) that crosses Morocco. Algiers, which has cut off diplomatic ties with Rabat, stopped on Nov.1st supplying Spain and […]

Morocco’s Holmarcom sets eyes on Credit du Maroc

Moroccan insurance and real-estate company Holmarcom seeks to buy stakes held by Paris-based Credit Agricole in its Moroccan branch Credit du Maroc. In a statement, Holmarcom said it has started negotiations but added that there is no “uncertainty”. The deal, if completed, will bolster Holmarcom standing as one of leading insurance companies in the country […]

Hungarian FM commends Morocco’s contribution to peace in Africa, Mideast

Hungarian Foreign Minister Peter Szijjarto has commended Morocco’s role in promoting peace and stability, both in Africa and in the Middle East, as well as its contribution to the political process in Libya. This came during a phone talk he held with his Moroccan counterpart Nasser Bourita on Thursday. Szijjarto also hailed Morocco’s exemplary management […]