Americas Headlines International Morocco

Paraguayan Senate supports Morocco’s territorial integrity

The Senate of Paraguay has voiced its unequivocal support to Morocco’s territorial integrity and sovereignty, and called on the Paraguayan government to adopt the same stance. In a resolution adopted this week by the Senate’s plenary session, the legislative institution expressed its support for a peaceful, negotiated solution to the Sahara issue, and voiced confidence […]

Africa Emerging Markets Headlines International Morocco

Morocco’s OCP Africa launches agricultural service centers in Rwanda

OCP Africa, a subsidiary of Morocco’s OCP Group, recently launched an Agricultural Service Centers project in Rwanda, with a view to supporting small farmers and boosting productivity in this East African country. This transformative initiative was launched in partnership with the Rwanda Fertilizer Company (RFC) and the international NGO Cultivating New Frontiers in Agriculture (CNFA). […]

Europe Headlines International Morocco

Morocco: Tanger-Med Police foil psychotropic trafficking

Moroccan security services foiled on Saturday morning at Tanger-Med Port an international drugs and psychotropic substances trafficking attempt, seizing 155,703 Ecstasy tablets concealed in an international transport truck coming from a European country, the Directorate General of National Security (DGSN) said in a press release. According to initial findings of the investigation, border control and […]

Europe Headlines International Morocco

Spanish PM expresses gratitude to Morocco for supporting relief operations in flood-affected Valencia

Spanish Prime Minister Pedro Sánchez expressed his gratitude to Morocco for its support to relief operations following the devastating floods in the Valencia region. Sánchez highlighted the efforts made by rescue teams from Morocco, Portugal and France, and emphasized their critical role in assisting the affected areas. “In these challenging weeks that Spain experienced due […]

Business Emerging Markets Headlines Morocco

Morocco exempts military industry operators from corporate tax

In a latest measure to spur the defense industry, the Moroccan government adopted a decree exempting investors from corporate tax. The tax break will benefit manufacturers of defense equipment, weapons, and ammunition, the spokesman for the government said following a cabinet meeting. In June, the government approved a bill to set up two industrial acceleration […]

Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD to fund OCP’s desalination plan with 200 mln euros

The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]

Algeria Americas Columns Headlines International Maghreb Morocco

Marco Rubio, U.S. next top diplomat, an advocate of sanctions against Algerian regime

The authoritarian Algerian regime is in a state of panic and anxiety since announcement by U.S. President-elect Donald Trump of the nomination of Republican senator Marco Rubio to lead the State department. While announcing the appointment, Trump said Rubio, 53, would be “a strong advocate for our nation, a true friend to our allies and […]

Europe Headlines International Morocco

Moroccan team, equipment dispatched to Spain to assist with relief efforts in flood-hit Valencia region

On High Royal Instructions, Morocco demonstrates its active solidarity with the Spanish people by mobilizing extensive logistical resources to support relief efforts in the areas affected by the recent flooding in the Valencia region, Morocco’s ambassador to Spain, Karima Benyaich, said. Following the floods that devastated several regions in Spain, King Mohammed VI had instructed […]

Business Emerging Markets Energy Headlines International Morocco

Morocco poised to become competitive EV battery export hub- UK report

Morocco’s booming EV battery industry positions the country to become an export hub to the EU and the US by 2030, said a report commissioned by the UK government under its Manufacturing Africa program. Morocco “could competitively produce and export LFP batteries to Europe by 2030 at USD 68-72/kWh. This could generate USD 10-15 billion […]

Asia Headlines International Morocco

Morocco’s Top Police Chief Participates in Naif Arab University for Security Sciences’ Activities in Riyadh

Abdellatif Hammouchi, Director General of Morocco’s National Security and Territorial Surveillance (DGSN-DGST), in his capacity as a member of the Supreme Council of the Naif Arab University for Security Sciences (NAUSS), participated in the 50th session of the NAUSS Supreme Council annual meeting, as well as the official graduation ceremony for the 42nd batch of […]