Finance Headlines Morocco

Morocco’s Economy to Grow 3.3% in 2018- Central Bank

Morocco’s central bank, Bank Al Maghrib, said growth will reach 3.3% in 2018 and 3.5% in 2019, down from 4% last year. The bank kept its benchmark interest rate unchanged at 2.25%, as the financial conditions look stable since the launch of the gradual dirham float last January. Inflation was expected to reach 1.8% on […]

Headlines Morocco

King Hassan II Great World Water Prize 2018 Awarded To OECD

The Organization for Economic Cooperation and Development (OECD) has been awarded the prestigious 6th King Hassan II Great World Water Prize for the key role it plays in promoting rational use of water and sustained development. The $100,000 prize was handed over by Head of Moroccan Government Saâd-Eddine El Othmani to OECD Secretary General Angel […]

Europe Headlines International Morocco

Morocco’s Migration Policy Receive Acclaim of European officials

Morocco’s steady efforts to promote legal migration and fight all sorts of criminal activities linked to illegal migration have earned it the support and respect in the European continent to an extent that Rabat has become a must-stop capital in all efforts to tackle migration in the Mediterranean. In a recent visit, Finnish Interior Minister […]

Asia Headlines International Morocco

King Mohammed VI Urges Stronger Ties with Russia following Putin Re-election

King Mohammed VI has congratulated President Putin on his re-election, urging stronger ties between Morocco and Russia. “By re-electing you President of the Russian Federation, the Russian people have renewed their confidence in Your Excellency. It therefore gives me great pleasure to send you my warmest congratulations, together with my best wishes for continued success […]

Business Headlines Morocco

FICOSA Joins Morocco’s Automotive Industry Fabric

Spanish car parts maker, Ficosa, will start operating its Moroccan plant specializing in producing in-vehicle cameras on March 20, the company said. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, has completed the plant for a total cost of €30 million. The plant, which will offer 800 direct jobs by 2020, […]

Algeria Headlines Morocco

Terrorists Benefit from Algeria’s Reluctance to Engage in Regional Security Cooperation

Terrorist groups are the biggest beneficiary of the unwillingness of Algerian authorities to engage in sincere cooperation with Morocco, said Abdelhak Khiame head of Morocco’s counter-terrorism agency (BCIJ). Speaking to weekly magazine “Jeune Afrique”, Khiame reiterated the call on Algeria to engage in collective efforts to combat terrorism, noting that the absence of regional cooperation […]

Africa Headlines International Morocco

Crans Montana Forum Distinguishes Speaker of ECOWAS Parliament in Dakhla

Speaker of the Parliament of the Economic Community of West African States (ECOWAS), Moustapha Cissé, received in Morocco’s southern city of Dakhla the 2018 Crans Montana Foundation prize in recognition for his commitment to regional integration. The prize was awarded at a ceremony chaired by Crans Montana Honorary President and Founder Jean-Paul Carteron and attended […]

Headlines Morocco

Moroccan Women will soon Pass Nationality to Foreign Spouses `

Morocco is working on new legislation enabling Moroccan women to pass nationality to their foreign spouses, said family minister Bassima Hakkaoui. “Borders should never deprive people from enjoying nationality rights,” Hakkaoui said in a recent statement to the press on the sidelines of a visit to UN Women in New York. It has been 11 […]

Headlines Morocco

Celebration of 12th Anniversary of Launch of Eco-Schools Program in Morocco

Chairwoman of the Mohammed VI Foundation for Environment Protection, Princess Lalla Hasna, presided over the celebration of the 12th Anniversary of the launch of Eco-Schools Program in Morocco. The Eco-Schools program is one of the Foundation’s flagships to make education for sustainable development an integral part of schools syllabi and pupils’ education. During the celebration […]

Africa Headlines International Morocco

African, Foreign Leaders Promote South-South Cooperation at Crans Montana Forum in Dakhla

The Pearle of the Moroccan Sahara, Dakhla, is hosting for the fourth time the Crans Montana Forum which brings together African and world leaders to discuss means to promote south-south cooperation in the continent. Over 1,000 guests and senior officials representing more than 100 countries are partaking in the event to exchange ideas on sustainable […]