Headlines Morocco

French Court Finds Moroccan Boxer Guilty of Libel against King’s Private Secretary

A Moroccan boxer who claimed having been tortured in Morocco was found guilty of libel against the King’s private Secretary Mounir El Majidi. The Paris Tribunal de Grande Instance, which issued its ruling on Wednesday, fined the boxer Zakaria Moumni to €1,000 in damages for defamation. Zakaria Moumni, a confirmed liar, had filed a complaint […]

Headlines Morocco

Morocco Tops North African Countries in Sustainable Economic Development

Morocco has ranked first in North Africa and third in the continent in terms of sustainable economic development, said the London-based Mo Ibrahim Foundation. Sustainable economic development has enabled Morocco to improve its economic governance notes the 2016 Ibrahim Index of African Governance (IIAG) which rates 54 African nations against criteria such as security, human […]

Finance Headlines Morocco

Morocco’s Attijariwafa Bank Acquires Barclays’ Egypt Branch

Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]

Headlines Morocco

Morocco: Arrested Female IS Commando Planned Attacks on Election Day, BCIJ Boss

The all-female Islamic State group cell dismantled Monday was planning to stage attacks on October 7, during the legislative elections, head of the Central Bureau of Judicial Investigation (BCIJ), Abdelhak El Khayam told the media. The BCIJ, the judicial arm of the domestic intelligence service, saved the North African country from a carnage. “That operation […]

Headlines Morocco

Morocco Busts All-Female Terrorist Cell

Moroccan authorities have busted an all-female terrorist cell pledging allegiance to the so-called Daesh, the interior ministry said on Monday. The operation led by Morocco’s Central Bureau of Judicial Investigations (BCIJ) resulted in the arrest of 10 young women, suspected of plotting suicide bombings across the country, the interior ministry said in a statement. The […]

Finance Headlines Morocco

Morocco among Africa’s Top Five Performers in Global Competitiveness, Report

Morocco has been ranked Africa’s fifth best performer in the Global Competitiveness Report issued by the Geneva-based World Economic Forum (WEF.) At the continental level, Morocco was advanced by Mauritius, South Africa, Rwanda and Botswana in the Index that examines the determinants of long-term growth in a total of 138 countries. Globally, Morocco gained two […]

Africa Headlines Morocco

A New Page Opens in Moroccan-Nigerian Relations

A new page has been opened in relations between Morocco and Nigeria after a period of tensions marking the mandate of the former Nigerian President Jonathan Good luck, who sidelined with the Polisario’s separatist thesis. A message sent by King Mohammed VI of Morocco to Nigerian President Muhammadu Buhari on his country’s National Day shows […]

Finance Headlines Morocco

Morocco’s External Debt Rises to 313 Billion Dirhams in June 2016

Morocco’s external debt reached 312.9 billion dirhams by June 2016 up from 301 billion dirhams by the end of 2015, Economy and Finance Ministry said in its latest statistics. Public institutions took 52.9% of Morocco’s total external debt, followed by the treasury with 46.8%, while banks and local collectivities accounted for the remaining 0.3% of […]

Africa Headlines Morocco

Egypt Wants Morocco Back in the AU

Egypt, Africa’s third most populous country, has expressed support for Morocco’s return to the African Union and said that the Kingdom can play a key role in addressing Africa’s major challenges, local Egyptian media reported. “Egypt backs the return of Morocco to the pan-African body,” the local press quoted an Egyptian diplomatic source within the […]