Business Headlines Morocco

Morocco’s automotive exports gaining momentum

The exports of Moroccan automotive sector increased by 24.4% to over $4 billion during the past five months against $3.2 billion recorded the same period of last year, according to latest data released by Moroccan Foreign Exchange Office. However, the share of car sales in total exports slightly drops to 23.4% end of May 2022 […]

Headlines Libya

Libya: HoR speaker accuses PC Head of connivance with protest attack on Parliament house

Speaker of the Libyan House of Representatives Aqila Saleh has accused Muhamed Menfi, the Presidential Council’s Head, of having a role in the attack on the Parliament’s HQ in Tobruk last Friday, Libya Observer reports. A nationwide protest swept through Libya last week calling for elections and replacement of current institutions and figures. The demonstrators […]

Africa Asia Headlines International Tunisia

Tunisia ready to host TICAD 8 Summit late next month – Prime Minister

Tunisia’s Prime Minister Najla Bouden Wednesday said the North African country will host on 27-28 August the 8th Summit of Tokyo International Conference on African Development (TICAD) that will focus on setting out a pathway for the development of the continent in the post-COVID-19 era. Bouden, who made the announcement at a press conference, said […]

Headlines Morocco

Seizure of nearly 18 kg of cocaine at Casablanca airport, 2 Sub-Saharan nationals arrested

Police at the Casablanca Mohammed V International Airport seized this Wednesday 17.7 kg of cocaine and arrested two sub-Saharan nationals for their alleged involvement in this international cocaine trafficking. The suspects, aged 31 and 33, were arrested immediately upon their arrival at the airport. They were coming “from a Central African country,” said a statement […]

Energy Headlines Morocco

Morocco switches on two power plants after reversal of gas pipeline

Morocco managed within a short period to ensure gas supply for two small powerplants supplying northern Morocco. The power plants of Tahaddart and Ain Béni Mathar operating with LNG have started to be supplied with gas through the Maghreb-Europe pipeline, after Morocco and Spain reversed the flow of gas last week, Moroccan electricity utility ONE […]

Headlines Libya

Libya: Saif al-Islam Gaddafi unveils initiative to solve political crisis

Saif al-Islam Gaddafi’s lawyer announced on Tuesday that his client had proposed an initiative to solve the political crisis in Libya, calling on all political figures to withdraw from the arena and to hold presidential and parliamentary elections that would produce new faces chosen by the Libyan people Al-Zaydi, in an interview with Al-Arabiya channel, […]

Headlines Morocco

Morocco tells UN Envoy autonomy is only political solution to Sahara issue

Morocco has reiterated its position to the UN envoy Staffan de Mistura that autonomy under the kingdom’s sovereignty and territorial integrity is the only solution to the regional conflict over the Sahara. This came during talks on July 5 in Rabat between Foreign Minister Nasser Bourita and de Mistura. “The Moroccan delegation also expressed Morocco’s […]

Europe Headlines International Morocco

Morocco, a strategic partner playing a major role in migration management – EU Commissioner

Morocco is a “key strategic” partner of the European Union and plays a “major” role in migration management and the fight against smugglers, European Commissioner for Home Affairs, Ylva Johansson, said on Monday before the European Parliament in Strasbourg. Speaking during a plenary debate on the recent storming attempt of the metal fence in the […]

Africa Finance Headlines International Morocco

Morocco’s King calls for more international support to enhance African economic resilience

King Mohammed VI has called for more international support and cooperation to enable African countries to mitigate the impacts of the soaring inflation affecting the global economy and enhance their resilience in the face of external shocks. In a message to participants in the 2022 Meeting of the African Caucus of Finance Ministers & Central […]