Emerging Markets Headlines Morocco

Fès mobilizes €56 million for urban transport modernization

The city of Fès is establishing a local development company dedicated to urban and interurban mobility, with an investment program of 566 million dirhams over 2025-2035 to address transportation challenges in Morocco’s spiritual capital. “Fès Mobilité SA” will launch with a 5-million dirhams initial capital, with Fès municipality holding 89.99% ownership alongside the Fès-Meknès regional […]

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Chagos deal sparks UK backlash over £30bn payout and exiled islanders’ rights

The UK government is facing mounting criticism over its £30 billion agreement to transfer sovereignty of the Chagos Islands to Mauritius, with lawmakers and human rights groups denouncing the deal’s financial and ethical implications. Under the controversial arrangement, Britain retains military access to Diego Garcia — a vital US-UK base — through a 99-year lease, […]

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Luanda to host landmark US-Africa Business Summit aimed at forging shared prosperity

Angola’s capital city Luanda will become the epicenter of global business diplomacy as it hosts, June 22 – 25, the 17th US-Africa Business Summit. Organized by the Corporate Council on Africa (CCA) in partnership with the Angolan government, the summit is set to welcome over 1,500 participants, including African heads of state, U.S. government officials, […]

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FAO warns of escalating desert locust threat across North Africa, the Sahel

The Food and Agriculture Organization (FAO) has issued a stark warning that desert locust swarms are expected to intensify across Libya and North Africa throughout June and July, posing a growing threat to food security in the region. The swarms, which are already forming in parts of Libya, Tunisia, and Algeria, are anticipated to move […]

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Morocco’s RAM plans to add Airbus jets to its expanding fleet

Moroccan flag carrier RAM is set to order at least 20 A220 Airbus jets, as part of a larger order dominated by Boeing. The news was reported by Reuters and Bloomberg, citing industry sources, adding that RAM would still stick to Boeing for the bulk of its needs, including two dozen long-haul 787s and as […]

Algeria Headlines International Morocco

C-24: Morocco denounces Algeria’s obstinacy to block Sahara political process at expense of regional stability

Morocco denounced, on Tuesday before the UN Committee of 24 (C-24), the obstinacy and intransigence of Algeria, which is holding the Sahara political process hostage to the detriment of regional stability. “The political process conducted under the auspices of the UN Secretary-General, facilitated by his Personal Envoy, and supported by all United Nations Member States, […]

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Morocco standardizes tourist accommodation with universal star rating system

Morocco has launched a comprehensive star rating system that will standardize quality assessments across all tourist accommodations, marking the first time hotels, riads, guest houses, and other lodging types fall under a single internationally recognized classification framework. The Ministry of Tourism published five new official orders updating the 2015 tourism lodging law, aimed at enhancing […]

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U.S. imposes sanctions on Algerian entity for its ties with terrorist-labelled organization Hamas

The United States has imposed sanctions on Algerian NGO Al Baraka over its ties with Hamas and financial support provided to its terrorist activities. Hamas has been designated by the U.S. foreign terrorist organization. “El Baraka, based in Algeria, diverted funds intended for humanitarian causes to fund Hamas. As President of El Baraka, Ahmed Brahimi […]

Energy Europe Headlines International Morocco

Nuclear Safety: Morocco receives IAEA’s top-notch rating

The International Atomic Energy Agency has awarded Morocco top-notch safety rating, confirming that all nuclear substances on its soil are used solely for peaceful purposes. The announcement was made Tuesday by Moroccan Agency for Nuclear, Radiological Safety & Security (AMSSNuR) in a press release. The acknowledgement by UN nuclear watchdog of Morocco’s compliance with global […]

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EU Removes UAE from Money Laundering Watchlist, Adds Algeria to High-Risk Category

On Tuesday, European Union announced the removal of the United Arab Emirates from its “high-risk” list for money laundering. In addition to the UAE, the EU also delisted Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, and Uganda. At the same time, Monaco was added to the list along with nine other countries. According to the […]