Africa Finance Headlines International Maghreb Morocco

Casablanca Finance City sees promising growth prospects

Head of Casablanca Finance city (CFC) saïd Ibrahimi said that the number of companies that have acquired CFC status rose to 184 and is set to increase in light of the advantages offered by the Moroccan financial center to companies that want to expand in Africa. He said that CFC tax regime was not the […]

Business Europe Headlines International Maghreb Morocco

Morocco, a leading exporter of aeronautical products in Africa

Morocco is taking part in the 53rd Paris International Air and Space Show, which opened on Monday at the Bourget exhibition Center, North of Paris, an opportunity to “showcase the boom and dynamism the sector is witnessing today,” said the Minister of Industry Moulay Hafid Elalamy, who is leading the Moroccan delegation to the show. […]

Business Headlines Maghreb Tunisia

Tunisia Launches Digital Investor Support Platform this Week

Tunisia announced it is launching a “Digital Investor Support Platform” during the Tunisia Investment Forum (TIF) due June 20- 21 in Tunis. The announcement was made Tuesday by Tunisian Development, Investment and International Cooperation Minister Zied Laadhari. Who said the platform seeks to totally digitalize investment transactions. The Tunisian official was taking part in the […]

Headlines Maghreb Morocco

BCIJ Dismantles another Terror Cell in Northern Morocco

The Central Bureau of Judicial Investigations (BCIJ) dismantled, this Tuesday, a five-member terrorist cell in the Moroccan northern city of Tetouan. The five individuals, aged between 23 and 33, have alleged links with the ISIS terror group. The search operations enabled the seizure of electronic devices, knives and a military uniform, said the BCIJ in […]

Energy Headlines Maghreb Tunisia

Tunisia to install 430,000 “intelligent” meters in Sfax Governorate

Tunisia has secured a $131.7 million loan from the French Development Agency (AFD) to improve the national electricity grid. The smart grid project was announced in 2017 by the Tunisian Electricity and Gas Company (STEG), but was delayed due to lack of funding. The AFD funds will be allocated to the implementation of the first […]

Algeria Headlines Maghreb

Tindouf Camps: Sequestered Sahrawis Demand UN Protection against Polisario Repression

A group of sixty Sahrawis of the Tindouf camps, southern Algeria, staged lately a sit-in in front of the Headquarters of the High Commissioner for Refugees (UNHCR), to demand the protection of the United Nations against the oppression and tyranny of the Polisario militiamen.   The protesters, who gathered outside UNHCR headquarters on June 13, […]

Americas Headlines International Maghreb Morocco

Morocco, El Salvador Open New Page in their Relations

Morocco and El Salvador have convened to open a new page in their relations, based on mutual respect, strong partnership and active solidarity. To this end, they adopted Saturday a four-year cooperation roadmap (2019-2022), that covers several areas, including regular political consultations, diplomacy, training and higher education, youth, technical cooperation in key sectors (vocational training, […]

Headlines Maghreb Tunisia

Spain’s Air Europa resumes flights to Tunisia after nine-year halt

Spanish private carrier Air Europa resumed flights to Tunisia early June, after a nine-year halt. The first flight departed from Madrid on June 3, Sales Manager Moez Oudi Monday told TAP. The booking rate for the new airlink reached so far 80%, he added. The company will run four flights a week (Monday, Tuesday, Friday […]

Americas Headlines International Maghreb Morocco

President Nayib Bukele Explains El Salvador’s Decision to Withdraw Recognition of RASD

Salvadoran President Nayib Bukele explained Saturday in San Salvador his decision to immediately cut off all diplomatic relations with the Polisario and its self-proclaimed Republic, that he labeled “a virtual entity”.   This decision puts El Salvador “on the side of the rest of the world, which respects the sovereignty of Morocco,” said the head […]

Business Headlines Maghreb Morocco

Sale of 8 per cent of Morocco’s stakes in Maroc Telecom to yield around $1 billion

The Moroccan government will get 8.87 billion dirhams (about $1 billion) from the sale of 8 per cent of its stake in the telecommunication continental giant. The Moroccan Capital Market Authority (AMMC) has given the go-ahead to the government to sell 8% of its shares in Maroc Telecom. The planned transaction on the block market […]