Business Headlines Morocco

Morocco celebrates automotive sector achievements

Morocco has achieved two years ahead in 2018 the goals it pinned on the automotive industry, notably in terms of turnover, exports, local sourcing and jobs. Thanks to an ambitious industrial acceleration plan that spurred public-private partnership and encouraged investments by global suppliers, Morocco’s automotive industry achieved the goals set for 2020 two years ahead, […]

Egypt Headlines Libya

Egypt, Libya ink deal on cooperation in fight against terrorism, human trafficking

Libyan and Egyptian Attorney Generals signed a Memorandum of understanding (MoU) on increased cooperation in the fight against terrorism, human trafficking, and other crimes. The MoU was signed during a meeting last week in Cairo between visiting Libya’s Attorney General Sideeg Al-Sour and Egyptian counterpart Hamada Al-Sawy, Libya Herald reports. Under the agreement, the two […]

Europe Headlines International Morocco

Pegasus case: Amnesty and Forbidden Stories fail to provide evidence for accusations against Morocco

Amnesty and Forbidden stories should apologize for their slander campaign against Morocco after the end of a ten-day deadline to provide evidence for their espionage accusations. Morocco was targeted by a hideous campaign by a media consortium led by French Le Monde, the Guardian and Washington Post accusing Rabat of espionage using spyware Pegasus but […]

Business Europe Headlines International Morocco

New Morocco-UK shipping line operational in September, British ambassador says

The new shipping line to connect directly Tanger Med and Poole in southern England would be operational in September, said British Ambassador to Morocco, Simon Martin. In an interview with Le360 news outlet, the United Kingdom’s Ambassador to Morocco, Simon Martin, announced that the shipping line between the ports of Tangier Med and Poole, England, […]

Algeria Americas Headlines International Morocco

U.S. reaffirms recognition of Morocco’s undivided map including the Sahara

The United States has reaffirmed its recognition of Morocco’s undivided official map that includes the Sahara following the American recognition in December 2020 of Moroccan full sovereignty over its entire Saharan territory. On Wednesday, a spokesperson for the U.S. Embassy in Rabat said that the official MAP of Morocco adopted by the U.S. government is […]

Business Egypt Finance Headlines

IFC to invest $100m in private green bond in Egypt to boost financing of climate-smart projects

The International Finance Corporation, IFC, a member of the World Bank, will invest $100 million in the first private sector green bond in Egypt, to help fund climate-smart projects, alleviate greenhouse gas emissions, and support Egypt’s shift to a greener economy, the institution said in a statement. The bond, the first by the private sector, […]

Americas Asia Business Headlines International Morocco

Moroccan army to bolster attack capabilities with more offensive helicopters

Attack helicopters have for long been a black hole in the Moroccan army but now no more as Morocco seeks to bolster capacity with mighty US and Turkish helicopters. Reports pointed that Morocco is negotiating a deal with Turkey to buy 22 T129 ATAK helicopters worth 1.3 billion dollars. The deal would add to an […]

Americas Community Headlines International Morocco Technology

Brazilian researchers to benefit from Morocco’s solar energy technology

Green Energy Park (GEP), an international research platform and training in solar energy located in the green city of BenGuerir, has inked a deal with Inesc P&D Brasil, a private Brazilian technology and scientific institute, for technology transfer. Per the agreement, the Arab-Brazilian Chamber of Commerce said, Morocco will share its technology in terms of […]

Headlines Tunisia

Tunisia: President presses ahead with his purge, firing ambassador to Washington, Governor of Sfax

Tunisian President Kais Saied is continuing the purge at top state level he started since he provoked a political crisis late last month when he assumed all executive power. The latest dismissals, announced on Tuesday, concern the country’s ambassador to Washington Nejmeddine Lakhal, and the Governor of Sfax, a key Tunisian province, Anis Oueslati. No […]

Europe Headlines International Morocco

Pegasus Case: Morocco files injunction request against German Süddeutsche Zeitung GmbH

Morocco filed, on Monday in Germany, a request for an injunction against the “Süddeutsche Zeitung GmbH” publishing company for “false allegations in connection with a coverage on the alleged use of Pegasus spyware by the Kingdom of Morocco”.   According to the request, filed by Morocco, represented by its ambassador in Berlin Zohour Alaoui, “Süddeutsche […]