Columns Europe Headlines International Maghreb Morocco

French support for Morocco’s sovereignty over Sahara, “significant development”- Royal Office says

Morocco’s Royal Office said French support for Morocco’s territorial integrity and the autonomy plan “as the only basis” for a solution to the Sahara conflict under the Kingdom’s sovereignty was a “significant development.” This came in a statement by the Royal Office following a letter from President Emmanuel Macron to King Mohammed VI, announcing Paris […]

Americas Headlines International Morocco

U.S. commends leadership of King Mohammed VI in the region, hails remarkable progress in Moroccan-U.S. partnership

The U.S. Secretary of State Antony Blinken has commended the leadership of King Mohammed VI in the region and welcomed the “remarkable progress” achieved in the partnership between the United States and Morocco. “The past twenty-five years has been a period of remarkable progress in our relations, and our partnership is stronger and more prosperous […]

Europe Headlines International Maghreb Morocco

France backs autonomy plan under Moroccan sovereignty as “only basis” for a solution to Sahara conflict

France has expressed a clear-cut support for Morocco’s territorial integrity and sovereignty over the Sahara territory, while backing the autonomy plan as “the only basis” to find a lasting solution to the conflict. This came in a letter from President Emmanuel Macron to King Mohammed VI congratulating him on Throne Day and announcing that France […]

Europe Headlines International Morocco

Morocco, Portugal, Spain submit joint bid to host 2030 Football World Cup to FIFA

The joint bid by Morocco, Portugal and Spain to host the 2030 World Cup reached a “significant” milestone with the official submission of the complete bid file to the International Football Federation (FIFA), at an event held on Monday at FIFA’s offices in Paris, the Royal Moroccan Football Federation (FRMF) said in a press release. […]

Africa Business Columns Emerging Markets Headlines International Morocco

King Mohammed VI turns Morocco into Africa’s first tourist destination

Twenty-five years of King Mohammed VI’s rule transformed the country’s economy. The tourism sector, in particular, made major leaps forward turning the country into Africa’s most popular tourist destination and one of the most competitive in the mediterranean region. Building on a centuries-old history, unique architecture, rich traditions, colorful landscapes, world-renowned cuisine, imperial cities, hospitality […]

Emerging Markets Finance Headlines International Morocco

Fitch Solutions expect Morocco’s central bank to cut benchmark rate to 2.25% in H2

Morocco’s central bank is expected to take more monetary easing steps in the second half of this year by cutting the benchmark rate to 2.25% from 2.75% currently, Fitch Solutions said. “We forecast that BAM will cut its policy rate in another two steps of 25bps in September and December 2024, to 2.25% by end-year […]

Asia Columns Headlines International Morocco

King Mohammed VI’s proposal for a lasting solution to Palestinian-Israeli conflict

King Mohammed VI, Chairman of the Al-Quds Committee, urged a break away with crisis management in favor of a lasting solution to the Israeli-Palestinian conflict that would help achieve an independent Palestinian state, including Gaza territory, with eastern Jerusalem as its capital. “In keeping with the same spirit of commitment and responsibility, I continue to […]

Columns Headlines Morocco

King Mohammed VI urges speeding up desalination projects powered by clean energy

King Mohammed VI underscored the need to address the water challenge by speeding up desalination projects that are powered by renewable energies. In a speech on the 25th anniversary of his accession to the throne, the King underscored the pressing need to take “urgent, innovative steps in order to avoid water shortages,” following six years […]

Features Headlines Morocco

Morocco: King Mohammed VI celebrates a Quarter Century of Achievements and Challenges

King Mohammed VI proudly celebrated the 25th anniversary of his accession to the throne. In his speech, he expressed his gratitude to God for the political, institutional, economic, and social achievements of his reign. The King highlighted efforts to consolidate Moroccan identity, ensure social cohesion, and strengthen Morocco’s position on the international stage. The King […]

Emerging Markets Finance Headlines Morocco

BAM Governor presents to King 2023 financial year report on economic, monetary, financial situation

King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, received, on Monday at the Royal Palace in Tetouan, Abdellatif Jouahri, Governor of the Central Bank (Bank Al-Maghrib), who presented to the Sovereign the Bank’s annual report on the economic, monetary, and financial situation for the 2023 financial year. In his […]