Business Emerging Markets Headlines Morocco

Phosphates: Morocco’s OCP group reports $ 1.7 billion earning in 1st Quarter 2023

Morocco’s state-owned phosphate company OCP has reported $1.78 billion in first quarter of 2023 against $2.6 billion earned in the same period last year. Yet, this year’s results show the resilience of the global leader in the fertilizer industry in challenging market conditions, says the company in a press release. Global fertilizer prices continued to […]

Africa Headlines International Maghreb Morocco

Sahara: Zambia reaffirms steadfast support for Morocco’s territorial integrity and Autonomy Plan

Zambia has reiterated its unwavering support for Morocco’s territorial integrity and autonomy plan offered by the North African Kingdom for the Sahara under its sovereignty, describing this plan as the “only reliable and realistic” solution” to the Sahara regional dispute. The supportive stand comes in a joint statement issued Tuesday in Rabat following talks held […]

Asia Headlines International Morocco

Morocco’s King congratulates Erdogan on re-election as President of Türkiye

King Mohammed VI has congratulated Recep Tayyip Erdogan on his re-election as President of Türkiye, wishing him success in his continuing efforts to lead the Turkish people towards further progress and prosperity. The Monarch has also lauded the two countries’ fruitful cooperation thanks to the shared willingness and strong determination to strengthen bilateral ties in […]

Egypt Features Headlines

Egypt takes delivery of second Germany-built MEKO A-200 frigate

The Egyptian Armed Forces received Monday a MEKO A-200 frigate, a second frigate built by Germany, several months after taking delivery of the first out of 4 ordered. The military vessel dubbed Al-Qahhar by the Egyptian Navy was built by German shipbuilder Thyssenkrupp Marine Systems (TKMS) at SBN Shipyard. Commander of the Egyptian Navy Ashraf […]

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Niger claims killing 55 of ISIS fighters

Niger Monday announced the neutralization of 55 terrorists of “Islamic State’s West Africa Province (ISWAP)” in a joint operation with neighboring Nigeria. The operation according to the army of the West African country was carried out in the terrorists’ stronghold of Arege, North-east of Nigeria, near the border with Niger. The slain terrorists according to […]

Business Emerging Markets Features Headlines Tunisia

TunisAir beefs up fleet with new passenger jet

Tunisia’s national carrier acquired Monday a new aircraft, Airbus A320-200, as part of the airline’s plans to revamp its fleet. The acquisition is the result of a lease contract. The jet was formerly used by Bahrain’s carrier Gulf Air. In a statement, the carrier also announced the future acquisition of four other aircrafts under the […]

Africa Features Headlines International

CAR and Russia in talks for setting up a military base

The Central African Republic (CAR) and Russia have been holding talks for Moscow to set up a military base in the frail African country weakened by civil war during many years. The minister of Defense of the CAR, Rameaux-Claude Bireau told Russian news agency Sputnik that “the discussions are continuing.” The minister also indicated that […]

Africa International

Uganda enacts ‘world’s harshest’ anti-gay law, drawing mixed reactions

Ugandan President Yoweri Museveni has signed into law draconian new anti-gay legislation against homosexuality described as among the world’s harshest, stirring controversy in and outside the country and prompting condemnation from human rights and LGBTQ groups as well as Western powers. The new anti-homosexuality law that provides for tough measures targeting LGBTQ individuals is supported […]

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The EU should follow UK’s suit in dealing with Polisario’s judicial maneuvers

A UK court rejected irrevocably the challenge by the Polisario to the association agreement with Morocco which includes the Sahara territory, in a new setback for the Algerian-backed separatist group that should serve as an example to follow for the EU. The appeal was filed by the UK-based Algerian proxy Western Sahara Campaign (WSC) which […]

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Morocco, Israel ink three transportation deals

Three transport cooperation agreements were signed on Monday in Rabat between Morocco and Israel to facilitate exchanges between the two countries. The agreements cover maritime transport to encourage direct shipping between the two countries, reciprocal recognition of driving licenses and facilitate exchanges related to road safety and transportation innovation. The agreements were initialed by the […]