Business Headlines Morocco

Fitch Gives Morocco BBB- Rating with Stable Outlook

Fitch Ratings gave Morocco ‘BBB-‘ rating with a stable outlook due to the country’s macroeconomic stability, comfortable external buffers and a low share of foreign-currency debt in public debt. The Moroccan government has prioritized social policies in the 2019 budget, said Fitch in a press release, noting that the country is planning an overhaul of […]

Headlines Libya Morocco

Morocco Remains Attached to Political, Consensual Solution in Libya

Morocco remains attached to a political, consensual and durable solution in Libya, a solution that would enable the North African country to recover its stability, within the framework of its indivisible unity, irrefutable sovereignty and full territorial integrity. The statement was made by Moroccan Foreign Minister Nasser Bourita Tuesday in Palermo, during the international conference, […]

Business Headlines Morocco

Morocco Launches Mobile Banking to Keep up with Evolving Digital Trend

Morocco has launched mobile banking, which will enable customers of banks or financial institutions to make remote financial transactions using a smartphone or tablet. Dubbed m-Wallet (e-wallet), this service, which comes to complete online banking, offers to users the possibility to check balance, send money, pay bills, track expenditures, purchase goods and services using mobile […]

Africa Headlines International Morocco

Marrakech Hosts 8th Africities Summit Next Week

About 3000 officials are expected to attend the 8th edition of the Africities Summit in Morocco next week. The Summit will take place from November 20–24, 2018 in Marrakesh, under the theme: “The transition to sustainable cities and territories: The role of local and regional governments in Africa.” According to the organizers, this forum will […]

Europe Headlines International Morocco

Pope Francis to Visit Morocco End of March 2019

Pope Francis will visit Morocco on March 30 and 31 within the frame of the planned foreign trips of the 81-year-old pontiff in 2019. The Vatican confirmed on Tuesday the Pope’s travel to the North African Kingdom, saying he will visit the cities of Rabat and Casablanca. The Pope will visit the cities of Casablanca […]

Business Europe Headlines International Morocco

EP Committee Votes for Renewal of Morocco-EU Farm Agreement

A new step towards the renewal of the Morocco-European Union farm agreement was made with a favorable vote in Strasbourg. The Committee on Agriculture and Rural Development of the European Parliament on Monday voted with a majority of its members for the renewal of the agreement. The vote reflects the position of the majority of […]

Headlines Morocco

Morocco to Launch Second Space Observation Satellite

Just one year after it launched its first satellite dubbed “MOHAMMED VI-A”, Morocco is about to put into orbit a second observation satellite that would complete the aerial surveillance of the Moroccan territory for civilian applications only.   The second spacecraft, baptized the MOHAMMED VI-B satellite, is part of the space program decided by the […]

Business Headlines Morocco

Morocco Mulls Buying Beechcraft King Air 350, Receives Two PATMAR

Morocco is undertaking negotiations to buy two intelligence, surveillance and reconnaissance Beechcraft King Air 350 in a bid to boost its navy, Maghreb Confidential reported. The completion of the transaction will bring the number of Beechcraft King Air 350 aircrafts operated by Morocco’s Royal Navy to four. The plane is equipped for surveillance, target acquisition […]

Business Headlines Morocco

Tourism: Morocco in Top Ten Safest Countries Worldwide

New data issued by Which?Travel has listed Morocco in the top ten safest countries worldwide, before France or the United States. The ranking, which assesses crime rates, terrorism threats, risk of natural disasters, and health issues in 20 countries, revealed Morocco as a destination as safe as Australia, Canada and japan and safer than Jordan, […]

Europe Headlines International Morocco

Morocco Underscores Commitment to Multilateralism in Paris Peace Forum

Morocco, under the leadership of King Mohammed VI, has been at the forefront of international efforts to address common challenges notably those relating to peace and security, climate change and migration, said Morocco’s Foreign Minister Nasser Bourita. Speaking in Paris on the sidelines of the Paris World Peace Forum, Bourita reaffirmed that Morocco strives to […]