Africa Americas Business Emerging Markets Headlines International Morocco

FOPREL lauds Royal Atlantic Initiative, promotion of Sahel Countries’ access to Atlantic Ocean

The Forum of Presidents of Legislative Powers of Central America, the Caribbean and Mexico (FOPREL) lauded on Wednesday in Rabat the Royal Atlantic Initiative launched by King Mohammed VI and his move to promote access of Sahel countries to the Atlantic Ocean. Under the terms of a decision adopted unanimously following its 30th extraordinary session, […]

Emerging Markets Energy Headlines Libya

Libya: Al-Waha Oil Company registers highest production in 11 years

Al-Waha Oil Company has achieved its highest oil production level in over 11 years, according to an announcement by the National Oil Corporation (NOC) on Wednesday, November 27. Daily production for Al-Waha reached 350,549 barrels of crude oil, contributing significantly to Libya’s total crude output of 1,380,470 barrels over the past 24 hours. Additionally, Libya’s […]

Emerging Markets Finance Headlines Morocco

Morocco on course to launch crypto assets

Morocco’s central bank has prepared a draft law allowing the use of crypto assets in the country, Central Bank governor Abdellatif Jouahri said. The central bank “with the participation of all stakeholders and the support of the World Bank, has prepared a draft law regulating crypto assets, which is currently in the adoption process,” Jouahri […]

Americas Emerging Markets Headlines International Morocco

Moroccan Parliament becomes “Advanced Partner” of FOPREL

The Forum of Presidents of the Legislative Powers of Central America, the Caribbean, and Mexico (FOPREL) announced on Wednesday in Rabat that the Moroccan Parliament had been promotes from “permanent observer member” within FOPREL, granted in 2014, to “advanced partner”. The decision, voted unanimously by FOPREL members, was announced at the Forum’s 30th extraordinary session […]

Emerging Markets Energy Headlines Morocco

Morocco’s Al Boraq among six high speed trains chosen by UN to celebrate world sustainable transport day

The United Nations Postal Administration (UNPA) issued stamps on 26 November to commemorate World Sustainable Transport Day featuring six high-speed trains, including Al Boraq operated by Morocco’s national railway company. “Al Boraq”, the first of its kind in Africa, links the industrial hubs of Tangier to Casablanca through Kénitra and Rabat. The train travels at […]

Emerging Markets Finance Headlines Morocco

World Bank Supports Morocco’s Municipal Solid Waste Management with $250 Mln Funding

The World Bank has approved a $250 million loan to help Morocco improve solid waste management which is facing environmental and financial challenges. Moroccan cities are home to more than 60 percent of the population and are key engines of growth for the country. Municipal solid waste management has been among the Government of Morocco’s […]

Asia Business Emerging Markets Headlines International Morocco

Morocco, Japan poised to foster investment ties

Morocco and Japan are poised to foster their investment ties under an agreement signed this Wednesday in Tokyo. The deal sets the stage for deeper economic relations between the two countries, opens fresh opportunities for collaboration, and facilitates the exchange of expertise and best practices. The agreement was signed by Moroccan Minister in charge of […]

Africa Business Emerging Markets International

Sahel States Alliance harmonizes travel documents to facilitate free movement

The Alliance of Sahel States (AES), comprising Mali, Burkina Faso, and Niger, has announced plans to harmonize travel and identity documents to facilitate free movement for their citizens and goods across their shared borders. This initiative marks a significant step toward deeper regional integration among the three nations. Security ministers from the AES countries convened […]

Emerging Markets Europe Headlines International Morocco

Morocco, Belgium discuss security & intelligence cooperation to counter terror threats

Security cooperation between Morocco and Belgium were at the center of talks held Monday in Rabat between Abdellatif Hammouchi, Chief of national police & domestic intelligence agency and Head of Belgium State Security (VSSE) Francisca Bostyn. They discussed ways of countering terrorist threats regionally and internationally, particularly in the Sahel region. The two parties stressed […]

Emerging Markets Europe Finance Headlines International Morocco

EU makes €190 million financial contribution to post-quake reconstruction

The EU has pledged 190 million euros in a new financial contribution to Morocco’s post-quake reconstruction efforts. An agreement was signed in that respect by the EU’s commissioner for the neighborhood Olivér Várhelyi and minister in charge of the budget Fouzi Lekjaa. The Commissioner said the EU has injected 5 billion euros in the Moroccan […]