Business Headlines Morocco

Tourism Contribution in Morocco’s GDP Rose to 6.5% in 2015

The contribution of the tourism sector in Morocco’s GDP stood at 63.7 billion dirhams in 2015 compared to 61.9 billion dirhams in 2014, that is a 2.8% rise that brought the share of the sector in the overall GDP to 6.5%, the national statistics office (HCP) said. Prospects for growth in 2016 have been slightly […]

Headlines Morocco

Morocco Arrests Two Suspects Linked to IS All-Female Cell

Moroccan authorities arrested two individuals linked to a recently busted all-female terrorist cell pledging allegiance to Daesh, the Interior Ministry said in a statement. The two suspects were arrested in the southern cities of Tan Tan and Guelmim. Investigations by the Central Bureau of Judicial Investigations show that they were seeking to make explosives through […]

Columns Headlines Morocco Opinions

Moderate Islamist Party Faces ‘Mission Impossible’ to Form Government Coalition

Morocco’s parliamentary elections unfolded with the incumbent moderate Islamist party, Justice and Development (PJD) coming first followed by liberal Authenticity and Modernity Party (PAM) in a tight electoral race that makes government coalition formation an uphill battle for the PJD. A coalition between the PJD with 125 seats followed by the PAM with 102 seats […]

Headlines Morocco

Morocco’s Commitment to Promoting Intra-African Trade Highlighted in Washington

Morocco’s commitment to promoting trade between African countries has been highlighted during the Frontier 100 forum of initiative for Global Development (IGD) held recently in Washington. “Thanks to its geostrategic position, Morocco plays a key role in inter-regional trade. It serves as a bridge between the Maghreb, West Africa and the rest of the continent,” […]

Headlines Morocco

GCC Reiterates Support for Morocco’s Territorial Integrity at the UN

Countries of the Arab Gulf Cooperation Council (GCC) reiterated on Friday their support for Morocco’s territorial integrity and sovereignty before the UN’s Fourth Commission. “We express our rejection of any attempt to undermine the supreme interests of the brotherly Kingdom of Morocco, or its sovereignty”, Manal Radwan, first secretary at Saudi Arabia’s UN mission told […]

Headlines Morocco

International Observers Satisfied with Voting Process in Sahara

Contrary to what the adversaries of Morocco’s territorial integrity claim, international observers expressed satisfaction with regard to the smooth conduct of legislative elections in the southern Provinces, the Sahara, which registered the highest turnout rate at the national level. This high turnout in the southern provinces evidences the inhabitants’ involvement in their country’s political life […]

Headlines Morocco

Morocco’s General Elections: Incumbent Party Leads a Tight Race Followed by Liberal PAM

Despite frustration with its economic policy and conservative stances, the preliminary count of the votes shows a victory of the moderate Islamist Justice and Development Party (PJD) which came first in Morocco’s general elections taking 99 seats followed by its arch rival, the liberal Authenticity and Modernity Party (PAM) with 80 seats. So far, 303 […]

Finance Headlines Morocco

Morocco Hosts Meeting on Green Finance in Africa

Moroccan city of Casablanca is hosting this October 12 an international conference to look into ways of creating “Green Banking Markets in Africa”, ahead of the 22nd UN conference on climate change due in Marrakech Nov.7-18. The Casablanca green finance event is organized by the European Bank for Reconstruction and Development (EBRD) and Banque Marocaine […]

Headlines Morocco

Moroccans Head to Polls to Pick their Representatives

Today, October 7, about 16 million Moroccans head to the polls to pick their parliament representatives in a ballot that will lead to the formation of a new government. Moroccan authorities have pledged to guarantee that these parliamentary elections would be transparent and credible to consolidate the democratic process and establish strong institutions. Ahead of […]

Energy Headlines Morocco

Morocco, Vanguard of Solar Revolution- CNBC says

Thanks to its largescale investments in renewable energy, Morocco is becoming a vanguard of solar revolution, US business channel CNBC said. “In North Africa, Morocco’s vast Noor Ouarzazate solar complex – one of the world’s largest – uses concentrated solar power (CSP) to produce clean energy,” said CNBC on its website. CNBC highlighted the efficiency […]