Emerging Markets Finance Headlines Morocco

Morocco reports positive 2023 budget execution despite challenges

Morocco’s 2023 budget execution delivered positive results despite complex international and domestic challenges, Budget Minister Fouzi Lekjaa told Parliament’s Public Finance Control Committee Tuesday while presenting settlement law project 07.25. The global economy showed resilience with inflation declining to 6.6% from 8.6% in 2022, though growth slowed to 3.3% due to persistent crises and escalating […]

Business Columns Emerging Markets Headlines Morocco

Airpower superiority at heart of Morocco’s defense overhaul

In recent years, Morocco has been investing in upgrading its airpower capabilities amid rising threats in an unstable wider region. The country has emerged as a regional deterrent power and an exporter of stability as it reshapes its military doctrine around advanced aerial capabilities. This transformation is driven by strategic necessity and a clear ambition: […]

Americas Business Emerging Markets Energy Headlines International Morocco Technology

Tesla’s Morocco Office, gateway to African market, scaling up competition against Chinese EV

Tesla’s Africa expansion through its new Morocco office opens doorways for its vehicles to sell in more than 50 countries that the North African country has free-trade agreements with, said the “China Global South” news outlet. The U.S. EV giant’s Africa expansion intensifies a battle for dominance in Africa’s emerging electric vehicle market, where Chinese […]

Europe Headlines International Morocco

DGSN-DGST Chief Hammouchi awarded French Decoration

Director General of Morocco’s National Security and Territorial Surveillance, Abdellatif Hammouchi, was decorated on Tuesday in Rabat with the French insignia Officer of the Legion of Honor. The decoration was presented to Hammouchi by the Ambassador of France to Rabat, Christophe Lecourtier, in accordance with the ceremonial and protocol in force under the procedure for […]

Headlines Tunisia

Tunisia: Appeals Court reduces sentence of former football federation chief on corruption convictions

The Criminal Division of the Tunis Court of Appeal has affirmed the convictions of Wadii Jari, former president of the Tunisian Football Federation, while moderating his prison sentence to three years instead of the original four. The lower Criminal Division of the Tunis Court of First Instance had imposed a four-year jail term on Jari, […]

Headlines Libya

Libya’s UN Envoy criticizes prolonged delay in roadmap for political transition

Libya’s UN ambassador, Taher El-Sonni, has voiced deep frustration over the continued absence of a concrete UN-led political roadmap for his country, highlighting what he called an unsustainable delay in efforts to resolve Libya’s political impasse. Speaking at a UN Security Council meeting on Tuesday, June 24, following a briefing by Hanna Tetteh, the Secretary-General’s […]

Headlines International Morocco

Club World Cup: Hakimi named Man of Match as PSG beat Seattle Sounders

Morocco’s international Achraf Hakimi was named Man of the Match after helping Paris Saint-Germain beat Seattle Sounders 2-0 on Match day 3 of Group B at the FIFA Club World Cup. The PSG right-back scored his side’s second goal in the 67th minute, sealing the victory and securing qualification for the round of 16. Hakimi, […]

Columns Europe Headlines International Morocco

Moroccan, French Police Seal Joint Action Plan

Morocco’s National Police Services and France’s Directorate General of National Police inked on Tuesday in Rabat a Joint Action Plan, establishing a joint roadmap to fight cross-border organized crime in the two countries, bolster security cooperation and strengthen mutual assistance mechanisms in the numerous fields of police cooperation. The Joint Action Plan was initialed by […]

Asia Emerging Markets Headlines International Morocco

ASEAN Secretary General supports Morocco’s territorial integrity & commends royal initiative for Africa

Secretary General of the Association of Southeast Asian Nations (ASEAN), Kao Kim Hourn, has expressed steadfast support for Morocco’s territorial integrity and hailed the royal initiatives launched for Africa’s development and prosperity. The supportive stands come in a joint statement released Tuesday in Rabat following Kao’s meeting with Moroccan Foreign Minister Nasser Bourita. The two […]

Africa Headlines International Morocco

Malawi’s President sends message to King Mohammed VI

President of Malawi Lazarus Chakwera has addressed a message to King Mohammed VI. The message was handed over by the President’s special envoy Eisenhower Nduwa Mkaka at a meeting in Rabat Tuesday with Moroccan Foreign Minister Nasser Bourita. In a press briefing following the meeting, Nduwa Mkaka, a former Minister of Foreign Affairs, reaffirmed Malawi’s […]