Africa Finance Headlines International Morocco

Sahara issue looms over Saham-Sanlam $1.1 bln deal

Head of Morocco’s BMCE Bank, the third largest bank in the country, criticized the sale of Saham insurance business to South Africa’s Sanlam as detrimental to Morocco’s interest. Speaking at a press conference, head of BMCE Othmane Benjeloun deplored the sale worth $1.1 billion on grounds that South Africa supports the Polisario separatists. “We end […]

Headlines Morocco

Morocco’s education law stalls due to controversy over French

Parliamentary vote for a long-awaited for law on education reform has stalled once again as the majority Islamist party refuses to vote in favor of some of the provisions of the new text notably the introduction of French as a language of teaching scientific subjects. The education Minister Said Amzazi insists on using French as […]

Algeria Headlines Morocco

Sahara: UN SG Reports on Protests in Tindouf Camps; Polisario’s Violations of Military Agreements & UN Resolutions

The UN Secretary General reported to the UN Security Council the repeated protests taking place in the Polisario-run Tindouf camps in Algeria, with the participation of hundreds of people living in these camps and the continuous violations by the separatist front of the Military Agreements and the Security Council Resolutions as well as its hampering […]

Asia Europe Headlines International Morocco

EU Recognizes Special Importance of Jerusalem for the Three Monotheistic Religions

The European Union “recognizes the special importance of the holy places of Jerusalem for the three monotheistic religions,” said an EU spokesman, in reaction to the signing last Saturday in Rabat of the Appeal of Al-Quds by King Mohammed VI, Commander of the Faithful and Chairman of Al-Quds Committee, and Pope Francis. “The EU recognizes […]

Europe Headlines International Morocco

Morocco’s King, Pope Francis Reiterated Religions’ Essential Role in Defending Human Dignity, Promoting Peace

Pope Francis who devoted the General Audience Wednesday to his weekend visit to Morocco said he had reiterated along with King Mohammed VI the essential role of religions in defending human dignity and promoting peace. “HM King Mohammed and I reiterated the essential role religions have in defending human dignity, promoting peace and justice, and […]

Americas Europe Headlines International Morocco

‘Al-Quds Call’ Signed in Rabat Conveyed to UN Secretary-General

Morocco’s permanent representative to the United Nations in New York, Omar Hilale, and the Apostolic Nuncio, have transmitted on Tuesday to the UN Secretary-General the “Al-Quds Call”, signed in Rabat last Saturday (March 30) by King Mohammed VI, Commander of the Faithful, and Pope Francis. The Al-Quds Call, signed during the Pope’s historic visit to […]

Business Headlines Morocco

IMF Hails Morocco’s Improving Business Environment

The International Monetary Fund has praised Morocco’s business environment, which continues to improve, particularly with the activation of the Competition Council and the implementation of a new financial inclusion strategy that will help promote competition and support the development of SMEs. Improved fiscal management and economic diversification have strengthened the resilience of Morocco’s economy, said […]

Business Energy Europe Headlines International Morocco

Best Moroccan Energy Efficiency Projects Receive EBRD Awards

The European bank for reconstruction and development (EBRD) has awarded trophies to 16 Moroccan projects, which made energy savings of 82 GWh/year and reduced greenhouse gas emissions by 23,700 tons of CO2, equivalent to more than 1 million trees planted. The awarded energy efficiency and renewable energy projects were carried out under the Morocco Sustainable […]

Africa Headlines International Morocco

Morocco to play host to First African Para Games next year

Morocco agreed Tuesday to host the first Africa Para Games to take place next year following an agreement with the International Paralympic Committee. The event according to the agreement will take place in January and will gather around 1,200 disabled athletes of the continent in capital Rabat. The athletes will compete in several sports including […]

Africa Americas Headlines International Morocco

Basketball: NBA co-launches new African league to involve 12 nations

The US National Basketball Association (NBA), in association with the International Basketball Federation (FIBA), will launch as of January a new African Basketball League that will involve 12 African nations for a yearly tournament, Reuters reports. The first tournament in January 2020 will gather 12 national teams. Angola, Egypt, Morocco, Nigeria, Senegal, and Tunisia will […]