World-bank-Morocco

Turkey vows to hit hard in Libya after Haftar forces arrested six Turks

Turkey warned that forces loyal to renegade Genera Khalifa Haftar will become a “legitimate target’ if they do not immediately release six turks. “We expect our citizens to be immediately released,” the Turkish Foreign Ministry said in a statement. Shortly after Turkey’s warning, the LNA said it targeted an armed Turkish drone at a Tripoli […]

Morocco, Japan expand four-decade fisheries partnership

Morocco’s Secretary of State for Maritime Fisheries, Zakia Driouich, met with Japanese Ambassador Nakata Masahiro in Rabat on Tuesday to discuss expanding their four-decade partnership in the fisheries sector amid evolving global maritime challenges. During the meeting, Driouich highlighted Japan’s position as “the sector’s first and most committed donor,” acknowledging the solid foundation of cooperation […]

Houthis’ Red Sea attacks spike Asia-Morocco shipping cost by over 60%

The hijacking of commercial ships and drone attacks by the Iran-backed Houthi rebels have disrupted global supply chains and sparked a jump in Asia-Morocco shipping costs by 60% to 100%. “The cost of shipping a 20-foot container from Shanghai to Casablanca increased from $1,450 to $2,800 (from €1,324 to €2,557) since last month’s 15th,” Rachid […]