Business Emerging Markets Europe Headlines International Morocco

Morocco, Spain’s third supplier of agricultural and fisheries products

Morocco has solidified its position as a key trade partner for Spain, emerging as the third-largest supplier of agricultural and fisheries products to the Iberian nation after France and the Netherlands, according to official data released by Spain’s Ministry of Agriculture, Fisheries, and Food. The figures, published in the 2024 Foreign Trade Report, reveal that […]

Emerging Markets Headlines Morocco Technology

Morocco’s OCP achieves water independence with record-breaking pipeline project

Morocco’s OCP Group has commissioned the country’s longest water pipeline, a 203-kilometer engineering marvel transporting desalinated water from the Atlantic coast to inland phosphate mining operations, achieving complete water autonomy two years ahead of schedule. The Jorf Lasfar-Khouribga pipeline, operated by OCP Green Water, represents a MAD 5 billion ($556 million) investment addressing Morocco’s persistent […]

Africa Culture Europe Headlines International

UNESCO recognizes five new African heritage sites, removes three from danger list

Africa’s cultural and natural heritage gained significant recognition at UNESCO’s 47th World Heritage Committee session in Paris, with five new sites inscribed and three historically threatened locations successfully removed from the danger list after decades of conservation efforts. The rescued sites demonstrate remarkable resilience through targeted interventions. Madagascar’s Atsinanana Rainforests, endangered since 2010, achieved restoration […]

Egypt Headlines

Egypt confirms no cases of new COVID variant Nimbus recorded

Egyptian health authorities have confirmed that the new COVID-19 variant NB.1.8.1, known as Nimbus, has not been detected within the country. Hossam Hosni, head of the Health Ministry’s Scientific Committee to Combat Coronavirus, stated during a televised interview that all surveillance methods indicate the virus has not entered Egypt. While the variant—currently under monitoring by […]

Features Headlines Libya

Libya Protests Greece’s EEZ Claim South of Crete, Citing Sovereignty Breach

The Libyan government in Tripoli has formally protested to the United Nations over Greece’s delineation of an Exclusive Economic Zone (EEZ) south of Crete, arguing that the map infringes on Libyan maritime boundaries. The EEZ map, published in the EU’s Official Journal over the weekend, is said by Libya to be a breach of its […]

Europe Headlines International

Morocco is committed to advancing the reinforced exceptional partnership with France, says King Mohammed VI

King Mohammed VI has reaffirmed Morocco’s willingness to advance the implementation of the reinforced exceptional partnership with France and to reshape the two countries’ cooperation in order to better meet the requirements of of the present. This came in a message of congratulations the Monarch addressed to President Emmanuel Macron on France’s National Day In […]

Business Emerging Markets Finance Headlines Morocco

Mohammed VI Investment Fund selects 14 management firms to boost startup investment

The Mohammed VI Investment Fund has officially designated 14 management companies to oversee thematic and sectoral investment funds aimed at supporting Moroccan startups and innovation-driven enterprises. This announcement follows a highly competitive call for expressions of interest launched on April 15, 2024, which attracted 47 applications from both domestic and international firms. The selection process […]

Europe Headlines International Maghreb Morocco

Moroccan Istiqlal party urges Spain’s PP to clarify its position on Sahara autonomy

Amid improving Moroccan-Spanish ties, Spain’s PP party chose to swim against the current, extending an invitation to members of the Algeria-backed Polisario separatist group. The hostile stands of the PP party, which runs the occupied cities of Ceuta and Melillia, triggered a letter from the Istiqlal party urging a clear stand on the Sahara issue. […]

Americas Emerging Markets Europe Finance Headlines International Morocco

Moroccan Dirham strengthens against Dollar in June trading

Morocco’s dirham appreciated 1.3 percent against the U.S. dollar while weakening 0.7 percent versus the euro between May and June 2025, according to Bank Al-Maghrib’s latest monthly economic review, reflecting broader currency market dynamics and the euro’s strength. The central bank attributed these movements partly to the euro’s 2.1 percent appreciation against the dollar during […]

Africa Emerging Markets Energy Headlines International Morocco

Morocco emerges as Africa’s energy transition leader

Morocco has positioned itself as the driving force behind Africa’s energy transformation, combining strategic investments, institutional innovation, and regional partnerships to address the continent’s energy paradox, according to a new analysis by global energy expert Mehmet Öğütçü. Despite Africa possessing over 60 percent of global solar potential and vast critical mineral reserves, more than 590 […]