Headlines Morocco

Solidarity operation “Ramadan 1440” launched in Rabat

King Mohammed VI launched this Wednesday, in Yaâcoub Al Mansour district in Rabat, the solidarity and support operation “Ramadan 1440”, initiated by the Mohammed V Foundation for Solidarity on the occasion of the holy month of Ramadan. This action of generosity is of particular significance in this blessed month and reflects the King’s constant solicitude […]

Finance Morocco

Morocco to launch €1 billion foreign borrowing in 2019

Morocco is to launch in the course of this year an international borrowing of €1 billion, to be followed by another one of the same amount in 2020. This loan is provided for in the 2019 Finance Law. A roadshow will be conducted in the coming weeks to mobilize investors for both operations, reported Media24 […]

Headlines Maghreb Morocco

Morocco’s Jallal Toufiq re-elected member of International Narcotics Control Board

Morocco’s candidate, Jallal Toufiq, was re-elected on Tuesday for a second term as member of the International Narcotics Control Board (INCB) at elections held in New York, as part of the organizational session of the UN Economic and Social Council (ECOSOC). Toufiq, who was challenging 17 other candidates, was elected in the first round of […]

Business Headlines Morocco

Morocco’s food industry hits 115 billion dirhams in turnover

Morocco’s food industry is a key component of the industrial fabric employing 156,000 people and generating a turnover of 115 billion dirhams, industry, investment and digital economy minister Moulay Hafid Elalamy said. Speaking at the question time at the Lower House of Parliament, Elalamy said that the sector has 1900 production plants, and that the […]

Business Europe Headlines International Morocco

Countdown starts for launch of PSA Peugeot Kenitra factory

French automaker PSA Peugeot is undertaking the final touches before starting production in its Kenitra factory, worth €557 million. Head of the Central Bank had said that the factory will open by mid-2019. Peugeot’s CEO Carlos Tavares will attend the opening of the state-of-the-art factory, which will mark the return for the company’s production in […]

Americas Headlines International Maghreb Morocco

Morocco: Brasilian football legend Rivaldo to join Chabab Mohammedia as technical director

Former star of FC Barcelona, AC Milan and the Brazilian selection, Ronaldinho Rivaldo, is on course to become the technical director of Chabab Mohammedia, a club of Morocco’s second division football league, the local club has said. “Rivaldo will sign his contract as technical director on June 9, during Ahmad Faras’s jubilee. Several former Barcelona […]

Algeria Americas Headlines International Maghreb Morocco

Sahara: Argentinian Association Decries Sufferings of Sahrawis in Tindouf camps

The Association of Friends of Morocco in Argentina (ASAMIMARG) has called on the international community to act to put an end to the hardships suffered by the Sahrawis sequestered in the Tindouf camps in Algeria. The Association, which includes academics, researchers, politicians, media professionals, economists and experts, denounced the Polisario brutal repression, abuse and ill-treatment […]

Headlines Maghreb Morocco

Tindouf Camps: Popular Protests against Polisario Gaining Momentum

The Tindouf camps in Southern Algeria are rocked by growing protests of the sequestered Sahrawis who are rising up against Polisario militias’ oppression, impunity, injustice, torture and systematic violations of their basic human rights. The separatists started feeling the heat after their Algerian masters were ousted by the popular revolt that is still ongoing. Things […]

Business Headlines Maghreb Morocco

Textile Vita Couture-Diprints invests 220 Million DH in two factories in Tangier

The Vita couture-Diprints group has opened last week in the Tanger free zone two industrial units specializing in digital fabric printing and ready-to-wear clothing, for an investment of MAD 220 million. The “Diprints” factory, specializing in digital printing on fabric, is the result of a joint venture with the Spanish textile group Santandarina. The factory […]