Finance Headlines Morocco

Fitch Ratings Highlights Stability of Morocco’s Macroeconomic Performance

International credit rating agency, Fitch Ratings, highlighted Morocco’s stable and predictable economic policies, which are propitious for attracting investments and improving public finances by boosting growth and narrowing the budget deficit while withering external financial shocks. “GDP growth will recover to above 3% in 2017,” Fitch Ratings said in an analysis on its website in […]

Finance Headlines Morocco

Morocco Tops North Africa in Ease of Doing Business- Doing Business Report

Morocco tops North African countries in terms of the ease of doing business says the World Bank in its 2017 Doing Business Report. The report ranked Morocco 68th globally in a list of 190 countries, third in Africa and 4th in the MENA region. The report shows that the reforms launched by Morocco over the […]

Asia Headlines International Morocco

Turkish Justice Hands 8-Year Prison Sentence to Moroccan IS sympathizer

A Moroccan citizen living in Turkey has been sentenced to eight years in prison for attempting to join the Islamic State group (IS) in Syria, Moroccan Daily, Al Massae, reported. The man known as Mamoun El Battoui and aged 42 was arrested in February in the town of Bursa, North of the country, for belonging […]

Europe Headlines Morocco

Spain: Two Moroccan Imams Arrested for IS Propaganda

Spain is in crusade against terrorists from all stripes. Security authorities have announced the arrest of two Moroccan Imams, in the Balearic island of Ibiza, suspected for promoting the Islamic State group (IS), few days after nabbing two other terrorists. The Imams, aged respectively 31 and 35, are IS sympathizers and have been using social […]

Headlines Morocco

Morocco, Tanzania Give Economic Substance to their Bilateral Cooperation

A new chapter has been opened in Moroccan-Tanzanian bilateral relations with the signing of 22 cooperation agreements, which set foundation for win-win partnerships in the fields of economy, finance, renewable energy, agriculture, fisheries, air transport, hydrocarbons, mines as well as science and culture. The agreements were signed at a ceremony chaired by King Mohammed VI […]

Headlines Morocco

King Mohammed VI Holds Talks with Tanzania’s President

King Mohammed VI, who is paying an official three-day visit to Tanzania, held private talks in Dar es Salam with Tanzania’s President John Pombe Magufuli. Afterwards, the two leaders exchanged symbolic presents, and the King presented Morocco’s highest distinction, the Al Muhammadi Wissam, to the Tanzanian President. The King’s visit is of great strategic significance […]

Africa Headlines Morocco

Tanzanian Paper Makes Case for Morocco’s Return to African Union

Leading Tanzanian news outlet, dailynews.co.tz, stressed that Morocco’s return to the African union will be conducive to the continent’s economic development and security cooperation. “Morocco, one of the founders of the Organization of African Unity, the predecessor of the current African Union, has much to offer the continental body in terms of economic cooperation, security […]

Headlines Morocco

Princess Lalla Salma Receives Prize in Portugal in Recognition for her Efforts against Cancer

Princess Lalla Salma, spouse of King Mohammed VI, received in the Portuguese city of Estoril the ‘Tribute Award’ of the third Bal de la Riviera in recognition of her initiatives to fight and prevent cancer. The distinction was handed to Princess Lalla Salma in her quality as Chairwoman of the Lalla Salma Foundation for Cancer […]

Headlines Morocco

Morocco’s OCP Group to Invest in Fertilizer Plant Construction in India

Morocco’s national phosphate company OCP will build, jointly with Indian fertilizer giant Kribhco, a plant to produce fertilizers to meet Indian farmers’ needs, the OCP announces. The project will require an investment of around $230M evenly provided by the two companies. The plant will be located in Krishnapatnam, Andhra Pradesh State. It will have an […]

Headlines Morocco

Economic Diplomacy, Political Cooperation on Top of Agenda of King Mohammed VI’s Visit in Tanzania

Tanzania, where King Mohammed VI is expected on Sunday afternoon, is the second leg in his tour in eastern Africa, a tour that mirrors Morocco’s steadfast determination to build on economic diplomacy in order to foster political ties with English speaking African countries. The delegation accompanying King Mohammed VI is made up of senior King […]