Americas Headlines International Maghreb Morocco

COVID-19: Morocco co-sponsors international initiative to protect women, girls during lockdown

Morocco, along with the European Union and a group of core countries, took the initiative to draw a joint declaration to support the appeal launched last week by the UN Secretary General António Guterres for “peace at home, in households, around the world” against domestic violence during confinement. The initiative is the result of efforts […]

Africa Headlines International Maghreb Morocco

Covid-19: King Mohammed VI puts Sébéninkoro Polyclinic at the disposal of the Government of Mali

King Mohammed VI has agreed to put the Sébéninkoro Polyclinic at the disposal of the Government of Mali to help the West African country fight the COVID-19 pandemic. The Moroccan sovereign’s decision, made at the request of the President of Mali Ibrahim Boubacar Keïta, was announced Saturday by Foreign Minister Nasser Bourita during a phone […]

Finance Headlines Maghreb Morocco

Coronavirus: Moroccan Health Ministry to pay health workers for risks

Doctors, nurses and other medical staff who treat coronavirus patients will be paid for the risk they are exposed to, a health ministry source told Moroccan media. The ministry has confirmed to different health system unions that they will pay the family of the doctor who lost her life due to a coronavirus infection as […]

Algeria Headlines Maghreb Morocco

Sahara: Roundtable process, only way to reach final political Solution – Security Council

The UN Security Council has reiterated the parameters it had set out in its resolutions 2414, 2440, 2468, and 2494 to achieve a final solution to the regional dispute over the Moroccan Sahara. The Security Council members made it clear at a briefing on the Moroccan Sahara issue, held Thursday, that there is no other […]

Columns Headlines Maghreb Morocco Opinions

King Mohammed VI leads by giving the example

The decisions spurred by King Mohammed VI have so far put Morocco in control of the spread of the coronavirus in the country giving the health system time to adapt its resources and the government leeway in taking necessary measures to mitigate the social and economic repercussions of the pandemic. A picture published by the […]

Europe Finance Headlines International Maghreb Morocco

COVID 19: EIB Supports Moroccan Private Sector with €440 million

The European Investment Bank Group (EIB) announced a financial support for the private sector in Morocco worth €440 million, notably through its credit lines with Moroccan financial institutions. The loan is intended to assist Morocco in addressing the impact of COVID-19 on the economy. “These credit lines dedicated to financing the private sector would be […]

Finance Headlines Maghreb Morocco

COVID-19: IMF vows to remain closely engaged with Morocco

The International Monetary Fund has vowed to remain closely engaged with Morocco as the authorities address the impact of the coronavirus pandemic. This came in a communiqué issued by the IMF confirming that the North African country drew the $3 billion available resources under the arrangement. The authorities will use funds purchased under the PLL […]

Headlines Maghreb Morocco

Coronavirus: king Mohammed VI exempts from rent tenants of Habous premises

King Mohammed VI gave instructions to the Ministry of Endowments and Islamic Affairs to exempt from rent the tenants of endowment premises intended for trade, business, services or housing, during the period of confinement because of COVID-19.   King Mohammed VI, Commander of the Faithful and Supreme Nadher of the Waqfs, decided to exempt from […]

Business Headlines Maghreb Morocco

Covid-19 : Companies convert production to save lives

Several Moroccan companies have converted their production chains to make personal protective gears (facemasks/shields, gloves…) and even ventilators to help combat the shortage due to the coronavirus pandemic. Sensing the urgent needs, some companies worked night shifts to scale up the country’s daily production of face-masks to over 3.3 million, while other firms such as […]

Finance Headlines Maghreb Morocco

Morocco plans to draw on IMF liquidity line – media

Morocco is about to tap into a $3 billion precautionary liquidity line, offered by the IMF in 2018 to help the country face external shocks, Moroccan media reported. The Moroccan government removed the limit on foreign debt on Monday in order to meet its financing needs amid a rise in expenditures and a drop in […]