EP resolution does not change political nature of Spain-Morocco bilateral crisis – FM

The resolution adopted, Thursday, by the European Parliament does not change the political nature of the bilateral crisis between Morocco and Spain, the Moroccan Foreign Ministry said, underlining that Madrid attempts to “Europeanize” the crisis are “futile”. Morocco’s Ministry of Foreign Affairs responded to the EU’s resolution stating that the attempts to between Spain and […]

Family-owned firms drive IPO boom on Casablanca Stock Exchange

A new wave of family-owned businesses is reshaping Morocco’s financial landscape as they increasingly turn to the Casablanca Stock Exchange to secure growth and ensure succession. The latest example is SGTM, a heavyweight in Morocco’s construction sector, which is preparing a landmark initial public offering (IPO) scheduled for December 16, Jeune Afrique reported in a […]

Morocco to Renew Gas Supply Deals with Algeria

Algeria will continue to supply gas to Morocco through the Maghreb-Europe pipeline as the two countries prepare to renew a contract that will expire in 2021, Algerian Energy Minister Mustapha Guitouni told Reuters. Morocco will take full ownership of the pipeline that channels gas to Spain in 2021, the Algerian minister said following talks with […]