Africa Business Finance Headlines International Morocco

Morocco’s BCP Bank Expands in Mauritius & Madagascar

Banque Centrale Populaire (BCP), one of Morocco’s three biggest lenders, continues its expansion in Africa with the acquisition of Banque des Mascareigne in Madagascar and the opening of a subsidiary in Mauritius, thus becoming the first Moroccan bank to operate in the island. With this acquisition, BCP reinforces footprint in the Indian Ocean as part […]

Headlines Morocco

Morocco Hosts 1st Summit of World Merit Councils

The first edition of the World Merit Councils Summit, bringing together change-makers from around the world, opened Tuesday at Mohammed VI Polytechnic University of Ben Guerir, near Marrakech, to discuss inclusive opportunities and ways to empower youth to build a better future. Over 150 young volunteers and professionals from 125 countries are taking part in […]

Headlines Morocco

King Mohammed VI Reiterates Need to Rethink Morocco’s Development Model

King Mohammed VI reiterated his call for the elaboration of a new development model conducive to achieving social justice and addressing the problem of social and inter-regional disparities. In a message to the third parliamentary forum on social justice, which opened Monday in Rabat, under the theme “The challenges of social and spatial justice and […]

Asia Headlines International Morocco

Morocco Reinforces Deterrence Capabilities with Chinese WS-2 Rocket System

Morocco has recently added China’s guided MLRS (Multiple Launch Rocket System) to its arsenal in a bid to bolster its ground to air deterrence capabilities. Morocco has acquired four batteries of the long-range Chinese missile system, local media reported. Maximum range of fire is 200 km, however some sources claim that it might be up […]

Headlines Morocco

Uber Leaves Morocco to Delight of Conventional taxis

Uber announced that it will cease its activities in Morocco where only conventional taxis are recognized. The company said in a statement ““Since we launched in Morocco over two years ago, there has been a lack of clarity about new platforms like Uber and how they fit into the existing transport model.” Uber said that […]

Headlines Morocco

Youth Should be Placed at Core of Development Projects, King

King Mohammed VI of Morocco has once again stressed the importance that should be granted to youths in any development project and underlined the need to improve the situation of young people who are the country’s genuine asset. “All stakeholders should take into account the societal changes occurring in Morocco and, as a result, place […]

Europe Headlines International Morocco

EU Agrees to Open Talks with Morocco on New Fisheries Deal

The Council of European Union has approved the opening of negotiations with Morocco on a new fisheries partnership agreement. The current, 4-year accord sealed with the North African Kingdom, will expire on 14 July 2018. An independent European evaluation study underlines the positive impact of the current protocol in terms of sustainable fishing and its […]

Algeria Headlines Morocco

The Terrorist Past of Polisario’s New PM

Polisario’s warmonger leadership appointed recently Mohamed Ouali Akeik, a perpetrator of terrorist attacks, as its new Prime Minister. The new Prime Minister of the self-proclaimed SADR was involved in the terrorist attacks that targeted Spanish workers in the phosphate extraction site, known as Phosboucraa, near Laayoune, le360.ma said. Ouali Akeik was member of a Polisairo […]

Europe Headlines International Morocco

Irish Tourist Buys in Morocco Ice Age Relic worth €30,000 for €60

When an Irish tourist bought an ornately carved, 15-centimeter tall statue for €60 in Morocco’s blue northern town, Chaouen, little did he expect that he acquired an ice age relic made from rhino horn thought to be 25,000-years-old. The Irish tourist visited Chaouen, a town in the Rif Mountains of northwest Morocco, inland from Tangier, […]

Algeria Headlines Morocco

Morocco to Build 10 Monitoring Centers at Border with Algeria

Morocco’s Royal Armed Forces (FAR) plan to build ten new surveillance centers on the border with Algeria, to enhance security in the eastern parts of the country. The Moroccan army is set to establish ten new surveillance centers at the border with Algeria, to counter the rise of smuggling activities and the infiltration of terrorist […]