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Fears of soaring oil prices drive Casablanca market into turmoil
Casablanca’s stock market has endured two weeks of turbulence after the outbreak of the war in the Gulf triggered fears of soaring oil prices and a return of runaway inflation. Casablanca’s reaction has been sharper than in several regional markets with greater direct exposure to the conflict. Between February 20 and March 3, Egypt’s exchange […]
Sahara: UN Hopes “all Member States” Support its Efforts
UN Secretary General Antonio Guterres has voiced hope that “all Member States” support the United Nations’ efforts aimed at reaching a final solution to the Sahara issue. “We hope that all Member States support the UN’s effort”, Spokesperson for the UN Secretary General, Stéphane Dujarric, said Tuesday in his daily press briefing in New York. […]
Morocco seizes 7 tons of cannabis in Casablanca
Moroccan authorities seized 7 tons of cannabis resin, locally known as Shira, in Casablanca, the central bureau for judicial investigations (BCIJ) said. The banned substance was concealed in a truck and two cars the BCIJ said, noting that the seizure is part of efforts to fight organized crime and international drug trafficking. BCIJ said that […]



