Morocco’s special earthquake reconstruction fund hits $2 bln milestone

The special fund launched to finance reconstruction efforts in quake-hit areas is about to hit the $2 billion milestone or 20 billion dirhams, central bank governor said. The earthquake that hit on September 8 claimed 3000 lives and shattered many villages in the western High Atlas. Up to Dec 15, the fund had 19 billion […]

Morocco-Spain Rift: Opposition party requests immediate resignation of Spanish FM

The Popular Party (PP), the main opposition party in Spain, on Wednesday called for the “immediate resignation” of the Spanish Foreign Minister Arancha Gonzalez Laya over her “disastrous” management of the crisis with Morocco and the “wilful blindness” she showed in the case of the so-called Brahim Ghali. “I think the Minister of Foreign Affairs […]

Morocco, Russia Prospect Investment Opportunities beyond Agricultural Sector

The fourth Moroccan-Russian Business Forum, held in Rabat on the eve of an official visit by Russia’s Prime Minister Dmitri Medvedev to Rabat, prospected opportunities to further boost trade between the two countries in the agricultural sector as well as new fields such as energy, the car industry, pharmaceutical industry, infrastructure, construction and new technologies. […]