Headlines Morocco

Moroccan Political Parties to Hold Massive Rally in Laayoune in Defense of Territorial Integrity

All Moroccan parties from across the spectrum will hold a rally in Laayoune Sunday and Monday to underscore the unanimity of the Moroccan people to defend the territorial integrity of the Kingdom in the face of the provocations of the Algerian-backed Polisario separatists. The initiative will send a strong message to the regional and international […]

Algeria Columns Headlines Morocco Opinions

Sahara Conflict, a Cold War Relic Threatening Regional Stability

The recent incursions in the UN-monitored buffer zone in the Sahara territory by the Algerian-backed Polisario separatists triggered a firm response from Morocco, which declared that all options are now on the table including a military response. The Moroccan Foreign Minister Nasser Bourita is not mincing his words. At the UN, he met Antonio Guterres […]

Asia Finance Headlines International Morocco

Morocco’s Finance Minister Selected Chairman of IDB Board of Governors

Morocco’s Economy and Finance Minister Mohamed Boussaid was selected Chairman of the Board of Governors of the Jeddah-based Islamic Development Bank Group (IDB) for a year. The tenure will end at the end of the 44th Council meeting, scheduled to take place in Marrakech in April 2019, said a statement from the Finance Ministry. Boussaid […]

Business Headlines Morocco

Lloyds Opens Branch in Morocco

Morocco’s economic growth and the foreign direct investments it attracts are luring international insurance companies such as Lloyds, which has recently inaugurated a branch in Casablanca. Lloyds, which has acquired the status of the Casablanca Finance City (CFC), sees in Morocco enormous growth potential, Inga Bealesa, President of the British insurance giant, told local paper […]

Business Europe Headlines International Morocco

PSA Group’s Morocco Plant to Release First Vehicle in April 2019

PSA Group’s factory announced that its plan is going according to schedule with first car to be released in April 2019. In 2017, the French car manufacturer launched construction works of its plant at the free zone of Kenitra, located at some 40 km to the north of Rabat, with the aim of reaching an […]

Africa Headlines International Morocco

Mali Supports Morocco’s Autonomy Initiative for Sahara

Mali, which struggles with separatism at home, has openly expressed support for Morocco’s autonomy initiative to end the Sahara conflict. “The autonomy plan has been deemed serious and credible by several UN resolutions”, said Malian Foreign Minister Tiéman Hubert Coulibaly after talks in Rabat with his Moroccan peer, Nasser Bourita. He said the autonomy plan […]

Americas Headlines International Morocco

Sahara: Morocco Hands UNSG, Security Council President Evidence of Polisario’s Breaches of Buffer Zone

Morocco has handed to the UN Secretary General Antonio Gterres and to the President of the Security Council, Peru’s Permanent Representative Gustavo Meza-Cuadra, several evidences of the Algeria-backed Polisario’s breaches of the 1991 ceasefire in the Sahara. At separate meetings with the two UN officials Wednesday in New York, Foreign Minister Nasser Bourita explained the […]

Algeria Headlines Morocco

King Renews to UNSG Morocco’s firm Rejection of the “Unacceptable Incursions” in Sahara

King Mohammed VI has renewed in a message to the United Nations Secretary-General Morocco’s firm and resolute rejection of the incursions of the Polisario in the Sahara buffer zone to the east of the Moroccan security wall, mainly in Bir Lahlou and Tifariti, describing these incursions as “provocative” and “unacceptable”. In the written message to […]

Finance Headlines Morocco

IDB Funding for Morocco Amounts to $6.8 bln by 2017

Morocco ranks as the sixth largest recipient of the Islamic Development Bank funding with total loans amounting to $6.8 billion said Economic and Finance Minister Mohamed Boussaid. Speaking at the opening of the 43rd annual meeting of the group, Boussaid said the bank offered $2.9 billion to fund development projects in areas covering energy, transport, […]