Business Emerging Markets Headlines Libya Morocco

Libya willing to restore air connectivity, open a shipping line with Morocco

Libya has expressed its willingness to restore air connectivity with Morocco and its commitment to any initiative aimed at opening a shipping line between the two countries. This came at a meeting in Rabat between Libyan Minister of Transport Salem Al Shahoubi, and his Moroccan peer Mohammed Abdeljalil on the sidelines of the high-level ministerial […]

Emerging Markets Europe Finance Headlines International Morocco

EIB supports Morocco’s technopoles expansion with €115 Mln funding

The European Investment Bank has provided €115 Mln loan to MEDZ, subsidiary of CDG Group, for the expansion and modernization of ten technopoles located in five regions of Morocco. The funding supports the country’s advanced regionalization policy and its New Development Model and is in line the EU’s Mediterranean Agenda on resilience and climate transition, […]

Algeria Business Columns Emerging Markets Headlines Morocco

Boycott of Moroccan ports, how Algeria shot itself in foot

In a self-defeating decision Algerian bank association (ABEF) ordered in December a ban of all transactions involving transshipment through Moroccan ports. Few days later, in January, ABEF partly backpedaled on the decision excluding fresh produce and meat, while maintaining the ban of all transactions involving other non-perishable goods. The boycott generated “immediate and severe consequences,” […]

Africa Emerging Markets Headlines International Morocco

AU-PSC: Morocco underscores interconnection between health security and peace & security

Morocco has underscored the interconnection existing between health security and peace and security and insisted that conflict and instability can exacerbate public health problems. This came at a meeting held this Thursday by the African Union’s Peace and security Council (PSC) on “Health security and the promotion of peace and security in Africa”, chaired by […]

Columns Emerging Markets Europe Headlines International Maghreb Morocco

Spain’s official gazette recognizes Moroccan sovereignty over Sahara

In a reference to Laayoune as a Moroccan city, the Spanish official gazette has reflected the official position of the country in support of Morocco’s sovereignty over the Sahara. The Spanish official gazette had in August cited Laayoune in a text, in a move that shows Spanish commitment to its 2022 declaration in which it […]

Africa Asia Emerging Markets Headlines International Morocco

Rabat hosts a cyber security conclave

The 5th edition of the “Cyber Security Conclave – Morocco” kicked off on Wednesday in Rabat with the participation of over 350 cybersecurity authorities, public decision-makers, business leaders, managers, and cybersecurity professionals from several African and Arab countries. The two-day meeting reflects the crucial importance of cooperation in the field of cybersecurity and aims to […]

Americas Business Emerging Markets Energy Headlines International Morocco

Morocco’s pioneering role in green energy sector highlighted by US news outlet

Morocco’s pioneering role and exemplary record in the sector of green energy have been highlighted by US news website “RealClear Defense” which pointed out that the North African Kingdom has risen to the challenge of green energy at a time when the insidious but ongoing crisis generated by climate change arguably puts the entire globe […]

Americas Business Emerging Markets Headlines International Morocco

Forbes Africa highlights Morocco’s economic miracle, its commitment to co-development

Forbes Africa magazine highlighted, in its February-March edition, Morocco’s economic model and its commitment to co-development and shared prosperity on the continent. In a special report entitled “Morocco: Unlocking Opportunities at The Crossroads of Continents,” the magazine sheds light on the Kingdom’s achievements in key sectors with high added value for Morocco as well as […]

Business Emerging Markets Headlines Morocco

Morocco’s trade deficit shrinks in 2023 following record exports

Morocco’s trade deficit shrank 7.5% in 2023 thanks to a record performance by the tourism and automotive sector and higher remittances from Moroccans abroad. The deficit stood at 286 billion dirhams following a drop in imports to 715 billion and an increase in exports to 429 billion dirhams. The drop in the import bell was […]

Africa Emerging Markets Headlines International Morocco

Morocco & Gambia discuss military cooperation & exchange of experiences

Morocco and the Gambia have discussed ways of strengthening cooperation in military training and the exchange of experiences in matters of defense. During a meeting held Monday in Rabat, Inspector General of Royal Armed Forces, Commander of the South Zone Lt. General Mohamed Berrid and visiting Maj. General Mamat OA CHAM, Chief of Defense Staff […]