Business Emerging Markets Headlines Morocco

Morocco seeks 60,000 tons of rail for Marrakech TGV

Morocco has launched a tender for 60,000 tons of rail to extend Africa’s fastest train to Marrakech. Morocco has inaugurated the high-speed train, known as TGV or Bourak in Arabic, in 2018 linking Casablanca to Tangier. The new railway would cost 612 million dirhams ($62 million), Moroccan state-owned rail operator ONCF said. Morocco’s extension of […]

Energy Headlines Libya

Libya: Oil production to resume in eastern part of country

After a suspension of more than a month due to a significant political crisis involving the UN-recognized Government in Tripoli, eastern Libyan authorities announced on Thursday, October 3, that oil production and exports from the region will resume. Oil operations, which have been halted since August 26, are set to restart following the lifting of […]

Africa Europe Headlines International

Britain and Mauritius reach historic agreement on Chagos Islands

Britain has announced an agreement to cede sovereignty of the Chagos Islands to Mauritius, resolving a long-standing dispute while preserving the UK-US military base on Diego Garcia. The deal allows for the resettlement of displaced Chagossians, addressing a historical injustice dating back to the 1970s. British Foreign Minister David Lammy emphasized that the agreement secures […]

Egypt Headlines

Egypt to chair Arab Labor Organization’s Board of Directors for first time in 20 years

Egypt has been elected to lead the Arab Labor Organization (ALO) as President of its Board of Directors for the 101st session, marking the first time in 20 years that the country has held this position. The presidency, which extends until October 2025, was secured during the ALO board meeting held in Cairo on Thursday. […]

Headlines Tunisia

Tunisia: Confirmation of a 20-month prison sentence against Ayachi Zammel

The Criminal Chamber of the Jendouba Court of Appeal has upheld the initial verdict issued by the Jendouba Court of First Instance, sentencing presidential candidate Ayachi Zamal to one year and eight months in prison. Zammel was found guilty of fraudulent practices, including falsifying recommendations and unlawfully using personal data without authorization. Abdesattar Al-Massoudi, the […]

Europe Headlines International Maghreb Morocco

Autonomy Plan is ‘most credible and widely-endorsed’ proposal to settle Sahara issue (British Think Tank)

The autonomy plan submitted by Morocco to settle the artificial conflict over its territorial integrity is the “most credible and widely endorsed” proposal for resolving this regional dispute, states the Cambridge Middle East and North Africa Forum (MENAF), a think-tank reporting to the prestigious University of Cambridge. In a report, the think tank recalls the […]

Finance Headlines Morocco

Morocco extends by 5 months financial assistance to quake-hit households

Morocco extended by five months financial assistance offered to quake-hit households, after the expiry of the first 12-month phase in October, the head of the government’s office said in a statement. Morocco has offered 2500 dirhams ($250) to families who have been hit by the quake of September 8, 2023, that hit the Atlas mountains […]

Europe Headlines International Morocco

Morocco & UK to Step up Security Cooperation to Counter Regional & International Threats

Director-General of Morocco’s national police & domestic intelligence agency Abdellatif Hammouchi received on Wednesday visiting British Vice Admiral Edward Ahlgren. They discussed the challenges of illegal immigration, transnational organized crime and cooperation to ensure safety & security of large-scale events and major foot-ball competitions. Morocco will host Interpol’s 93rd General Assembly in Marrakech in 2025, […]

Emerging Markets Finance Headlines Morocco

Morocco launches post-flood reconstruction plan

Morocco has launched a reconstruction plan in flood hit areas worth 2.5 billion dirhams ($260 million), the government said. The plan will be funded by the Moroccan fund for addressing natural disasters, the head of the government office said. The funds include financial aid to help rebuild 1,121 houses, including 269 homes that have been […]

Africa Energy Headlines International Mauritania

Mauritania-Senegal: Production of the “Grande Tortue Ahmeyim” gas field planned for early 2025

Mauritanian Minister of Energy and Petroleum, Mohamed Ould Khaled, has announced that the extraction operations from the joint gas field with Senegal, designated as the Grande Tortue Ahmeyim (GTA), are projected to start in early 2025. During his address at the inaugural Mauritanian-Senegalese Economic Forum in Dakar, which commenced earlier this week under the theme […]