Suez Canal traffic rebounds as geopolitical calm boosts maritime confidence

Egypt’s Suez Canal recorded a 14.2 percent year-on-year revenue increase between July and October, driven by easing tensions in the Red Sea and renewed vessel movement following the Gaza ceasefire. Canal Authority Chairman Osama Rabie confirmed that 229 ships transited in October, the highest monthly tally since the onset of the regional crisis, with 4,405 […]

Moroccan Railways’ Net Profits hit 223 Million DH in 2016

Morocco’s state-owned railway operating company (ONCF) posted a net profit of 223 million Dirhams in 2016, up 31% compared to 2015. The company said in a statement that its turnover over the same period reached 3.7 billion DH with an added value of 2.5 billion DH and a self-sustainability of 273 million DH, 5.8% higher […]

When the European Parliament shows disrespect for Morocco’s judiciary

The same parliament that is outcrying at foreign interference is itself interfering in the judiciary of an European Union neighbor, Morocco, by issuing a non-binding resolution that shows contempt for Moroccan courts to say the least. The European Parliament has on Wednesday adopted a biased resolution that disrespects Morocco’s judiciary and its independence while meddling […]