Asia Emerging Markets Headlines International Morocco

Morocco’s King expresses eagerness to expand the close, promising relations with China

King Mohammed VI has expressed his eagerness to promote and expand the close and promising relations existing between Morocco and China that he described as “model” relations. This came in a message of congratulations that the Monarch addressed to President Xi Jinping on China’s National Day. In his message, the King highlighted the “excellent level” […]

Columns Europe Headlines International Morocco

UNHRC establishes advisory council on gender equality at Morocco’s initiative

The UN Human Rights Council (HRC) launched, at the initiative of the Moroccan presidency of this UN body, an Advisory Council on Gender Equality, aimed at providing advice and suggestions on promoting gender equality and parity and helping to mainstream a gender perspective during Morocco’s presidency. This body, the first of its kind, was set […]

Africa Americas Headlines International Morocco

Ministerial Meeting of Global Coalition to Defeat ISIS welcomes role of Africa Focus Group, Co-chaired by Morocco

The ministerial meeting commemorating the 10th anniversary of the creation of the Global Coalition to Defeat ISIS issued, Monday in Washington, a communiqué reaffirming the importance of the Africa Focus Group in the fight against terrorism in Africa. The group, co-chaired by Morocco, Saudi Arabia, the United States, and Italy, plays a central role in […]

Emerging Markets Finance Headlines Morocco

Morocco’s debt rating outlook stable at Ba1, Moody’s says

Moody’s Ratings has affirmed Morocco’s stable credit outlook at Ba1, saying the rating reflects Morocco’s institutional strengths and robust external position. “The stable outlook reflects our expectation that the government will pursue economic and social reforms to improve the economy’s resilience to shocks while keeping the debt burden stable,” Moody’s said. “We expect the government […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB Grants €70 million financing facility to Morocco’s Bank of Africa to promote African trade

The African Development Bank Group approved a €70-million financing facility for Bank of Africa Maroc (BOA) to promote access to financing African trade. The package comprises a €50 million Risk Participation Agreement (RPA) and a €20 million Trade Finance Line of Credit (TFLOC), the AfDB said in a press release. “The African Development Bank, rated […]

Business Emerging Markets Europe Headlines International Morocco

OCP Awards £25 Mln Contract to Scottish Weir for Sustainable Solutions in Greenfield Phosphate Projects

Morocco’s OCP group has selected Scottish mining technology Company Weir to provide energy efficient, sustainable solutions to the next phase of OCP’s Benguerir and Louta greenfield phosphate projects. Under a £25 million contract, Weir pledges to support the continued construction of the Louta project and the trebling of production from the Benguerir project, where Weir […]

Columns Headlines International Maghreb Morocco

UN-Sahara: Morocco Reaffirms to De Mistura its Clear, Constant & Firm Position

Moroccan foreign minister Nasser Bourita conferred Sunday in New York, on the sidelines of UN General Assembly, with UN Sahara envoy Staffan de Mistura ahead of the UN Security Council meeting on the issue in October. The meeting, attended by Morocco’s Permanent Representative to the UN, Omar Hilale, was an opportunity to highlight the international […]

Europe Headlines International Morocco

UN-Sahara: Vienna Reaffirms Support to Morocco’s “Serious and Credible” Autonomy Plan

Foreign Minister of Austria Alexander Schallenberg has reaffirmed his country’s steadfast support to the autonomy plan presented by Morocco in 2007, describing the plan as a “very serious and credible” contribution to the UN-led process engaged for reaching a lasting solution to the Sahara regional issue. Mr. Schallenberg renewed Vienna’s backing during a meeting held […]

Algeria Columns Headlines Maghreb Morocco

Algeria’s visa move, a non-event in Morocco

Few days after Algeria re-introduced visa entry requirements on Moroccan passport holders, Morocco has not reacted to a decision that comes in a series of self-harming escalatory and provocative measures by a disillusioned Algerian military regime blinded by Morocco phobia. The Algerian foreign minister said the measure will have immediate effect and came following what […]

Europe Headlines International Morocco

President Macron to visit Morocco late October, Elysee

French president Emmanuel Macron is expected to pay a visit to Morocco by the end of October, according to the Presidential palace, the Elysee. The visit would take place on October 29-30, sources told le360, as the two countries build on the momentum created by Paris support for Morocco’s territorial integrity, ending a period of […]