Moroccan finance & economy minister Mohamed Bnchaaboun

Morocco condemns tearing of Holy Koran as a provocative act

Morocco has condemned in the strongest terms the actions of an extremist who tore up a copy of the Holy Quran in The Hague, the Netherlands. The Kingdom “denounces this new provocative act that offends the sacred symbols and feelings of more than a billion Muslims,” said the Foreign Ministry in a statement. Morocco, “while […]

EU Greenlights an €800 million Package of Financial Guarantee Programs in Africa, Neighborhood

As part of its External Investment Plan, the EU Tuesday gave its green light to a package of financial guarantee programs worth around €800 million. This will help to leverage an estimated €8-9 billion in public and private investment in Africa and the Neighborhood, the European Commission announced in a press release. The decision is […]

Morocco’s Police foil smuggling attempts of over 7 tons of cannabis

Moroccan authorities have foiled a smuggling attempt of 7.6 tons of cannabis in two separate drug busting operations carried out in the regions of Nador and Casablanca. On Wednesday, the security agents raided a home in “Inaala” village near Nador (Northeast Morocco) where they seized 150 bales containing a total of 5.3 tons of cannabis. […]