Business Emerging Markets Europe Headlines International Morocco

Morocco, Türkiye sign MoUs on road safety and maritime cooperation

Morocco and Türkiye signed two memoranda of understanding on Friday in Istanbul to strengthen cooperation in road safety and maritime transport, officials said. The agreements were signed by Moroccan Transport Minister Abdessamad Kayouh and Turkish Transport Minister Abdulkadir Uraloglu on the sidelines of the Global Transport Connectivity Forum currently held in Istanbul. The first MoU […]

Europe Headlines International Morocco

Morocco arrests female Daesh supporter suspected of plotting Terrorist Attack

Moroccan security forces arrested, on Friday in Rabat, a 21-year-old woman affiliated with the terrorist organization “Daesh”, suspected of preparing a high-risk terrorist plot, the Central Bureau of Judicial Investigations (BCIJ) said on Saturday. The suspect, a student at a technical institute, was detained based on intelligence provided by the General Directorate for Territorial Surveillance […]

Business Emerging Markets Finance Headlines Morocco

Moroccan government approves 47 new investments worth $5.5 bln

Morocco’s National Investment Commission has approved 47 new investment projects totaling 51 billion dirhams ($5.5 billion), in a major push to stimulate economic growth and job creation across the kingdom. The approvals, announced during the 8th session of the Commission, include 36 new agreements and 11 amendments to existing ones. The projects are expected to […]

Business Emerging Markets Energy Europe Headlines International Morocco

British firms launch joint venture to tap Morocco’s hydrogen potential

British geoscience company Getech and energy transition firm Sound Energy have established a joint venture to explore Morocco’s untapped natural hydrogen and helium reserves, positioning the North African kingdom at the forefront of emerging clean energy technologies. The newly formed HyMaroc Limited will focus on discovering and developing underground deposits of these critical resources, following […]

Business Emerging Markets Europe Headlines International Morocco

UK reaffirms commitment to strengthening strategic partnership with Morocco

The British government reaffirmed on Thursday its commitment to deepening the strategic partnership it shares with Morocco, describing the Kingdom as “an increasingly vital trade and investment partner for the United Kingdom.” “The United Kingdom is committed to further strengthening this partnership and considers Morocco an increasingly essential trade and investment partner,” said Michael Shanks, […]

Energy Europe Headlines International Morocco

Xlinks explores alternatives after UK declines long-term deal for Morocco power link

The UK government has declined to enter formal negotiations for a long-term green electricity purchase agreement with Xlinks, the company behind a proposed £20 billion subsea power cable linking Morocco to the UK. The decision, confirmed earlier this month, effectively rules out a 25-year Contract for Difference (CfD) that Xlinks had sought to secure financing […]

Americas Headlines International Morocco

Parlacen reaffirms support for Morocco’s Autonomy Initiative for Sahara

The Central American Parliament (Parlacen) reaffirmed, in San Salvador, its support for Morocco’s autonomy initiative for the Sahara, as well as for the Kingdom’s territorial integrity and national sovereignty. In a resolution unanimously adopted during a General Assembly meeting on Wednesday, Parlacen expresses its support for the autonomy plan presented by Morocco as “the only […]

Africa Emerging Markets Headlines International Morocco

Morocco’s top Audit Institution takes part in SAI20 Summit in Johannesburg

Morocco’s Court of Accounts took part in the Supreme Audit Institutions (SAI20) Summit, held on June 24-25 in Johannesburg, with a delegation led by its First President Mrs. Zineb El Adaoui. For the third consecutive year, Morocco’s top audit body took part in the Summit of the G20 member countries, a key platform for dialogue […]

Business Emerging Markets Headlines Morocco Technology

Maroc Telecom, Inwi launch joint ventures to expand fiber and tower infrastructure

Maroc Telecom and Inwi have finalized the creation of two joint ventures, Uni Fiber and Uni Tower, aimed at accelerating the rollout of fiber-optic and mobile tower infrastructure across Morocco, the companies said on Wednesday. The ventures, approved by Morocco’s telecom regulator ANRT on June 18, will receive a combined investment of 4.4 billion dirhams […]

Europe Headlines International Morocco

Defense: Morocco, France conduct military air exercise to reinforce interoperability

The Royal Air armed forces and French Air Forces have conducted lately a joint exercise to reinforce tactical proficiency, coordination and interoperability amid recent geopolitical tensions. Dubbed “Marathon25”, the exercise saw the participation of Moroccan F-16 fighter jets and Puma helicopters for transport and medical evacuation missions, while France contributed five Rafale B jets from […]