Business Headlines Maghreb Morocco

Lack of job opportunities push many Moroccans to informal economy- Central Bank

Fewer job opportunities meant that many people had to seek jobs at Morocco’s large informal economy leaving many young people in vulnerable conditions, the central bank said in its annual report. The coronavirus pandemic has revealed the scale of the underground economy, which showed that 5 million households, representing more than half the Moroccan population, […]

Finance Headlines Maghreb Morocco

Morocco announces $12.8 bln to help economy recover from Coronavirus impact

King Mohammed VI said Morocco will inject 120 billion dirhams (12.8 billion dollars) as a post-coronavirus crisis stimulus package to offer incentives and come up with solidarity measures to support businesses, especially small and medium-sized enterprises. The package represents 11% of Morocco’s GDP, “a proportion that will place Morocco at the forefront of the most […]

Columns Headlines Maghreb Morocco Opinions

Speech on the State of the nation: A roadmap for economic revival, social integration

King Mohammed VI of Morocco delivered Thursday evening a speech on the state of the nation wherein he drew a roadmap for economic revival and social integration amidst the COVID-19 pandemic that dealt a serious blow to the economy and to the income of households. The Monarch announced a number of initiatives to revive the […]

Asia Headlines International Maghreb Morocco

KSA, Morocco share same viewpoints on challenges facing Arab world (Saudi FM)

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah was on a visit Wednesday in Rabat where he held talks with his Moroccan counterpart Nasser Bourita on bilateral relations and means to develop them. At a joint press conference after the meeting, Prince Faisal said his talks with his Moroccan counterpart “focused on various aspects […]

Business Headlines Maghreb Morocco

Morocco’s king sets up committee to investigate competition regulator’s probe dysfunctions

King Mohammed VI decided to create an ad hoc committee to investigate dysfunctions relating to a probe by the competition council, a statement of the Royal Office said. The Competition Council, which has been entrusted with ruling on the alleged uncompetitive practices used by fuel distributors, is thus removed from the case. The ad-hoc committee […]

Columns Headlines Libya Maghreb Morocco Opinions

Libyan protagonists in Morocco, Algeria desperately looking for a spotlight

Speaker of the eastern-based Libyan parliament Aguila Saleh (pro-Haftar) and his foe Khaled al-Meshri, Chairman of the Libyan High Council of State of the internationally-recognized Govt of National Accord, both visited Rabat on Monday seeking Morocco’s backing for the resolution of the conflict in their war-torn country. The two Libyans, who did not meet each […]

Headlines Libya Maghreb Morocco

Only home-grown initiatives can save Libya- Moroccan FM

Only initiatives emanating from parties to the Libyan conflict can help reach a political solution in line with the spirit of the UN-sponsored Skhirate agreement, Moroccan Foreign Minister Nasser Bourita said. Bourita made the statement at two separate news conferences with Speaker of the East-based Libyan pro-Haftar House of Representatives Aguila Saleh, and later with […]

Headlines Libya Maghreb Morocco

Speaker of Libyan HoR seeks Morocco’s backing to his initiative to resolve crisis

Aguila Saleh, Speaker of the East-based Libyan prohaftar House of Representatives, arrived Sunday in Morocco to seek the Kingdom’s support to his initiative for the resolution of the Libyan conflict. At a joint press conference held Monday in Rabat with his Moroccan peer Habib El Malki, Aguila Saleh said his initiative is part of the […]

Africa Headlines International Maghreb Morocco

Morocco, South Africa must pool efforts to meet African challenges, Ambassador Amrani

Morocco and South Africa must work together to meet Africa’s challenges, Morocco’s ambassador to Pretoria, Youssef Amrani, said. Amrani, who was the guest on Sunday of the “politiki” program of the South African “Galaxy TV” channel, expressed Morocco’s determination to build relations of cooperation and solidarity with South Africa. “The two countries must work together […]

Algeria Headlines Maghreb Morocco

Tindouf camps: Tradesmen stage demonstrations in front of Brahim Ghali’s offices

The Tindouf camps are in turmoil despite the coronavirus induced confinement. This time, it was the tradesmen operating inside these camps who took to the streets, accusing the Polisario leaders of having “methodically killed their subsistence activity”. Thursday, for the second consecutive day, hundreds of Sahrawi tradesmen have organized a sit-in, which they describe as […]