Energy Headlines Morocco

Morocco plans to supply 4% of global hydrogen demand

Morocco presses ahead with its clear energy diversification plan with an ambitious hydrogen project that aims to produce locally 4% of global supply. In a note published by the government, hydrogen will be used in Morocco’s plan to increase the share of renewable energy in overall energy consumption. Morocco has set the target of producing […]

Algeria Asia Headlines International Maghreb Morocco

Israeli FM’s statement on Algeria-Iran ties contains “accurate information” – Israeli Foreign Ministry

The statement by Israeli Foreign Minister Yair Lapid at a conference held two weeks ago in Morocco on Algeria’s ties with Iran contains “accurate information,” spokesperson for the Israeli foreign ministry for Arab media Hassan Kaabia said.   “Algeria has become, since the beginning of the Arab Spring, a passageway for terrorist movements, at the […]

Headlines Libya Morocco

Morocco-Libya: Joint consular meeting planned in coming days

Morocco and Libya will hold in the coming days a joint consular meeting to address the issues of Libyan and Moroccan nationals living in both countries. The announcement was made by Moroccan Foreign Minister Nasser Bourita during a joint press conference held Wednesday in Rabat with vice-president of the Libyan presidential council Abdallah Al-Lafi. Talks […]

Headlines Morocco

Covid-19-Morocco: Stern warning to holders of fake health pass & test certificate

Moroccan authorities have issued a stern warning to the scammers and holders of a fake health pass or false negative covid test certificate against the use of fraudulent health documents, saying this is a serious offense liable to criminal prosecution. A high-level meeting was held Tuesday at the ministry of the Interior to discuss measures […]

Headlines Tunisia

Tunisia: Parliament is “a danger for the state”, President Saied

The Tunisian President Kais Saied is at it again! On Tuesday he branded the parliament as a “danger” for the state as he criticized corruption of lawmakers and state officials of the previous governments. Saied made the remark as he received Mohamed Boussaïd, the minister of trade and exports development, to discuss ways to put […]

Asia Business Egypt Finance Headlines International

Egypt-Kuwait Holding announces $500m investment over next five years

Egypt-based investment company, Egypt Kuwait Holding Co SAE (EKH), will invest $500 million over the coming five years, CEO Sherif El-Zayat has revealed. El-Zayat said the company will invest $100 million a year and has made available $100 million to seize any acquisition opportunities during the upcoming period. In this vein, the firm already decided […]

Algeria Headlines Maghreb Morocco

Morocco rejects Algeria’s ‘absurd pretexts’ to cut diplomatic relations

Morocco deplored the “unilateral decision” by Algerian authorities to sever diplomatic ties with the Kingdom, foreign ministry said. “Morocco fully deplores this unjustified though expected decision,” the ministry said in a statement, citing the recent “escalation” and “its impact on the Algerian people.” “Morocco categorically rejects the fallacious pretexts, even absurd pretext” that permeated the […]

Africa Europe Headlines International Morocco

Morocco can act as an “integrating framework” between Europe and Africa (South African think tank)

Morocco can act as an “integrating framework” between Europe and Africa, thanks to its dynamism and its distinguished geographical position, head of “Brenthurst Foundation”, a South African Think tank, said. “Achieving the expected strategic advantages inevitably requires the deepening of regional economic relations and the Kingdom of Morocco can perfectly act, for this purpose, as […]

Europe Headlines International Morocco

Paris describes Morocco as “a great country, friend of France”, “a crucial partner of the EU”

Paris has described on Tuesday Morocco as being “a great country and a friend of France” and “a crucial partner of the European Union”.   Morocco is “a great country and a friend of France” and is “a crucial partner of the European Union,” the French Foreign Ministry said on Tuesday. “Morocco is a great […]

Business Finance Headlines Morocco

Morocco sets up national financial intelligence body to combat money-laundering & terrorism financing

The Moroccan government has approved the setting up of a National Financial Intelligence Authority to better combat money-laundering, terror financing and weapons proliferation.   The establishment of this new entity comes following the recommendations issued by the Middle-East & North Africa Financial Action Task Force which has called for upgrading the country’s financial intelligence unit […]