Europe Headlines International Morocco

French President to Attend COP22 in Marrakech in November

French President François Hollande will attend the United Nations Conference on Climate Change, COP22 in Marrakech on November 15. The news was announced by the French President himself who said he will attend the conference upon invitation from King Mohammed VI, the Elysée said in a statement. The Participation of the French President was discussed […]

Business Headlines Morocco

Morocco, Portugal Agree to Set up Maritime Hub

Morocco and Portugal signed on Thursday a Memorandum of Understanding to set up a maritime hub with advanced infrastructure and services to boost the two countries competitiveness. The agreement was signed in Lisbon by Morocco’s Equipment, Transport and Logistics Minister Aziz Rabbah and Portugal’s sea Minister Ana Paula Vitorina. Following the example of the successful […]

Headlines Morocco

Son of Polisario Leader Arrested in Morocco for Drug Trafficking

The Moroccan army has aborted a drug trafficking attempt near the security wall in the southern provinces and arrested four traffickers with links to the Tindouf-based polisario officials, including the son of the development minister of the self-proclaimed SADR republic. The busting of the criminal network took place 280km away from the southern city of […]

Headlines Morocco

Morocco: One of IS sympathizers deported from France planned attacks against security forces

One of the two Moroccan citizens recently deported from France had plans to perpetrate terrorist attacks in Morocco, the Interior Ministry announced on Thursday. France deported the two Moroccans on August 26 because they constitute a threat to the country’s security. Investigation undertaken by Morocco’s powerful Central Bureau of Judicial Investigations (BCIJ) revealed that one […]

Business Headlines Morocco

U.S. ADM Starts Operating Sweetener Plant in Casablanca

The U.S. agribusiness group, Archer Daniels Midland Company (ADM), said that its Casablanca’s sweetener plant started operating in August with a view to boosting its footprint in the sweetener and starch market in the MENA region after expanding in Eastern Europe last year. The announcement was made by the CEO of the Chicago-based company PDG […]

Headlines Morocco

U.S. Triples Exports to Morocco Ten Years after FTA

U.S. exports to Morocco have more than tripled in the decade following the entry into force of the Free Trade Agreement between the two countries, Global Trade Magazine says in an Article on August 31. Citing data released by the International Trade Administration, the Magazine notes that with the entry into force of the Morocco-USA […]

Headlines Morocco

New Setback for Polisario Proponents at European Parliament

Polisario proponents at the European Parliament have suffered a new setback with the rejection of an amendment to include a new aid to the Algerian-based separatist group in the 2017 EU draft budget. Three extreme left MEPs presented the amendment to add 150 million euros in support of the Polisario sugarcoating their arguments with defending […]

Headlines Morocco Uncategorized

Morocco Honorary Guest at Paris Book Fair 2017

Morocco will be the honorary guest of the Paris book fair of 2017 to be held next march 24-27 at Expo Porte de Versailles, according to Moroccan press reports. The exhibition has grown in size and importance over the years. It is now considered one of major world venues for publishers, booksellers, rights agents and […]

Headlines Morocco

Morocco, Japan’s Gateway for Investing in Africa

Morocco’s geographic location, political stability and promising macroeconomic indicators, coupled with its longstanding ties with African countries and increasing investments in the continent make it an attractive partner for countries willing to invest in Africa, such as Japan, which has just convened a summit with African leaders pledging largescale investments in infrastructure. Japan sees in […]

Finance Headlines Morocco

Public Sector’s Payroll Takes 49% of Morocco’s Revenues

The Payroll in the public sector absorbs 49% of state revenues, a percentage that shows the burden placed on the state budget because of an inefficient employment policy, says a study conducted by L’Economiste daily newspaper. The public sector’s payroll is in dire need of restructuring to mitigate its impact on the state budget after […]