Africa Business Emerging Markets Headlines International Morocco

Morocco tops African peers in Agility Emerging Markets Logistics Index

Morocco outperformed other emerging African markets in terms of logistics and supply chains in the annual Agility Emerging Markets Logistics Index. The Index ranks countries for overall competitiveness based on their logistics strengths, business climates and, for the first time, their digital readiness. It also takes into account factors that make markets attractive to logistics […]

Algeria Europe International

Algeria: Gen. Khaled Nezzar to Stand Trial in Switzerland for “War Crimes”

The Swiss Office of the Attorney General (OAG) has retained the charges of “complicity in war crimes” and “crimes against humanity” against former Chief of Algerian army and ex- Defence minister, General Khaled Nezzar. The OAG accuses Gen. Nezzar, who was arrested in Geneva in 2011, of war crimes and crimes against humanity. These serious […]

Europe Headlines International Tunisia

Tunisia: Dissolution of judicial independence body a “big step in the wrong direction” – UN human rights chief

Dissolving the Tunisian body that deals with judicial independence, known as the High Judicial Council, is a “clear violation” of the country’s obligations under international human rights law, UN human rights chief Michelle Bachelet warned on Tuesday. Tunisian President Kais Saied announced his decision to dissolve the Council on Sunday, saying “the judicial council belongs […]

Business Headlines Maghreb Morocco

Drought haunts Morocco’s crop year

Late rainfall is auguring ill for this year’s crop year in Morocco amid a depletion of water dam filling rate to worrying levels. Last year Morocco had an exceptional cereals harvest of 13.5 million tons and exports of agri-food products rose 9.2% to 69 billion dirhams. This year however farmers are ringing the alarm bell […]

Africa Community Headlines International Morocco

Morocco’s Royal Navy assists 256 would-be migrants at sea

The Royal Navy coastguards operating in the Mediterranean and the Atlantic have provided assistance to 256 would-be migrants from February 5 to 8. The candidates to illegal emigration, mostly sub-Saharans, included 41 women and 5 children. They were facing difficulties on board makeshift inflatable boats, military sources said. The rescued people received first aid on […]

Asia Business Headlines International Maghreb

Air pollution costs MENA region $141 billion annually, WB warns

The Middle East and North Africa region (MENA) suffers from excessive air pollution whose cost amounts to $141 billion annually, or around 2% of GDP, the World Bank said in a report released on Monday, urging the region to adopt a green economic policy. The report, titled “Blue Skies, Blue Seas: Air Pollution, Marine Plastics, […]

Africa Asia Business Headlines International Morocco

Morocco-OIC trade exceeded $9Bln in 2020

Trade between Morocco and its partners among the member states of the Organization of Islamic Cooperation (OIC) reached more than $9 billion in 2020, an official from the Ministry of Industry and Trade said on Tuesday. Speaking at the opening of the 20th meeting of Economic Advisers to the Embassies of OIC Member States accredited […]

Americas Headlines International Morocco

Death of Moroccan Rayan continues to prompt sympathy from around the world

The five-year old Moroccan boy, who died last week after being trapped in a well in the northern region of the country, continues to draw worldwide sympathy with the bereaved family and generate gratitude to the search teams. Following this tragic incident, King Mohammed VI offered in a phone call his condolences and sympathy to […]

Headlines Libya

Libya’s parliament shortlists two candidates for Prime Minister Position

Libya’s state legislature, House of Representatives (HoR) located in Tobruk, shortlisted Monday former Interior Minister Fathi Bashagha and businessman Khaled Al-Bibas as the only two candidates meeting conditions for the post of Prime Minister in replacement of embattled Abdul Hamid Dbeibeh, reports say. Aguila Saleh, Speaker of the parliament, during a session held to vet […]

Business Egypt Finance Headlines

Egypt seeks another ITFC financing for MSMEs

Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country secured last month $2.6 billion to fund developmental projects. The Ministry of Planning and Economic Development Monday indicated that the signing will take place this month, Arab Finance reports. The […]