Asia Headlines International Morocco

Urban Development, Gateway for social Cohesion in Arab Region- King Mohammed VI Says

Arab countries are facing common development challenges relating notably to rapid demographic growth, increasing demand on housing and pressure on services that require developing integrated public policies conducive to social cohesion, said King Mohammed VI. In a message to the participants in the second Ministerial Forum on Housing and Urban Development, hosted in Rabat, the […]

Asia Headlines International Morocco

Morocco’s Role in Preserving Jerusalem’s Identity Hailed During UN General Assembly

The Arab world group at the United Nations praised, during the emergency special session of the UN general assembly on Jerusalem held Thursday, the role of the Al-Quds Committee, under the chairmanship of King Mohammed VI, in the preservation of the Arab identity, character and demographic composition of the holy city. The emergency special meeting […]

Finance Headlines Morocco

WB Loans Morocco $200 mln to Spur Small Agri-food Industries

The World Bank and Morocco signed a loan agreement worth $200 million in support of the second pillar of the Green Morocco Plan, particularly in the areas of promoting citrus and olive oil industries. The loan, signed by the World Bank and the Ministry of Economy and Finance, targets small and medium sized producers of […]

Asia Business Headlines International Morocco

Morocco’s OCP, Indian Kribhco to Build Fertilizer Plant in India

The Moroccan Phosphates company (OCP) and the Indian Krishak Bharati Limited (Kribhco) will jointly build a fertilizer production unit in Andhra Pradesh state, in southern India. The $230 million worth project, co-financed by the two part-ners, will have an annual production capacity of 1.2 million tons of NPK fertilizer (nitrogen, phosphorus, potassium). The fertilizer production […]

Headlines Mauritania Morocco

Lemine Ould Aboy, Mauritania’s New Ambassador to Morocco

Mauritania has finally appointed Mohamed Lemine Ould Aboy as its new ambassador to Morocco; filling thus the position that has remained vacant since 2012. Mauritanian President Mohamed Ould Abdel Aziz has appointed Mohamed Lemine Ould Aboy ambassador to Morocco, it was officially announced in Nouakchott. Mohamed Lemine Ould Aboye had occupied previously the po-sitions of […]

Energy Headlines Morocco

Eni Gets New Offshore Exploration Permit in Morocco

Italian Oil & Gas Company Eni has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to explore the Tarfaya Offshore area, located in the waters of the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya. Under the agreement, Eni will be the Operator of the license with a […]

Africa Headlines International Morocco

ECOWAS Weighs Benefits of Morocco’s Membership

The West Economic Community of West African States (ECOWAS) has underscored in a 66-page impact study that Morocco is welcome to the bloc provided that its membership proceeds gradually. Jeune Afrique magazine, which gained access to the impact study that was submitted to the heads of state of the ECOWAS, said that the conclusions are […]

Africa Columns Headlines International Morocco Opinions

Morocco-South Africa: on the Double Speak of a Pro-Separatism Journalist

The rapprochement between Morocco and South Africa seems to annoy some pro-separatism journalists who continue to spit their venom in the media. The diatribe written on Eyewitness News by Jean Jacques Cornish against Morocco is illustrative of the demise of the separatist discourse in Africa in general and in South Africa in particular. In a […]

Asia Headlines International Morocco

Houthi Missile Attack: Morocco Renews Solidarity with KSA against Aggressors

Morocco has decried the attempted Houthi missile attack, which targeted Tuesday (Dec.19) the Saudi capital, and renewed its solidarity with Riyadh in its fight to ensure the security of its territories. The North African Kingdom also voiced deep concern over “this dangerous escalation, which worsens the Yemeni crisis, undermines the region’s stability and increases the […]

Finance Headlines Morocco

Morocco’s Central Bank Maintains Key Interest Rate Unchanged at 2.25%

Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]