Moroccan trade & industry minister Moulay Hafid Elalamy

Resolute Mining shares drop 32% after Mali arrests CEO, 2 executives

Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]

Throne Day: King Mohammed VI pardons nearly 2,500 inmates, including convicts in extremism, terrorism cases

On the occasion of Throne Day, celebrated on July 30 in Morocco, King Mohammed VI granted pardon to 2,476 People, sentenced by the different Moroccan courts, the Justice Ministry said in a statement. The Ministry of Justice unveiled the list of the beneficiaries of the royal pardon, who are either detained or serving a suspended […]

Morocco commits 8.5 bln dollars to clean mobility by 2029

Morocco has mobilized more than 78 billion dirhams ($8.5 billion) to develop a clean, modern, and multimodal public transport system by 2029, Abdellatif Maâzouz, president of the Casablanca-Settat Regional Council, said during a side event at COP30. The investment plan allocates 11 billion dirhams for the acquisition of 3,750 next-generation buses and 67 billion dirhams […]