OIC ministerial council

Morocco’s Touissit Mining Company banks on copper and gold for recovery

Morocco’s Compagnie Minière de Touissit (CMT) appears to be stabilizing after a turbulent 2024 marked by legal disputes and exceptional financial losses, with analysts projecting a potential recovery driven by new deposits and strategic refocusing on critical metals. BMCE Capital Global Research forecasts encouraging prospects for 2025, with revenues expected to rise 4.1% to 610 […]

US rejects ex- Algerian FM’s appointment as head of UN Special Envoy to war-torn Libya

The United States has opposed the choice of former Algerian foreign minister Ramtane Lamamra as UN Special Envoy to crisis-hit neighboring Libya to replace Lebanese Ghassan Salame, who resigned in March. A UN diplomat who asked not be named because not allowed to speak on the matter told AFP that during Wednesday UN closed session […]

H&M, Starbucks to stay in Morocco

Kuwait’s Al Shaya group which operates Swedish ready-to-wear stores H&M and US brand café chain Starbucks in the MENA region and in Europe said it maintains business in Morocco, denying news reports that it was going to phase out from the country. Last week, Maroc Hebdo weekly said the Kuwaiti group will withdraw the two […]