Emerging Markets Energy Europe Headlines International Morocco

Managem diversifies into gas with purchase of Sound Energy Morocco East Limited

Morocco’s biggest mining company, Managem, bought Sound Energy Morocco East Limited as it seeks to diversify into gas, the company said. Managem acquired 55% of the Tendrara concession, 47.5% of the Grand Tendrara Permit and 47.5% of Anoual Exploration. The transaction would help Managem contribute to the development of gas production in the country with […]

Headlines Morocco

Morocco’s customs report record $13.2 bln revenue in 2023

Morocco’s customs revenue hit a milestone of 13.26 billion dollars last year, up 1.2% from a year earlier, offering a boon for an expansionary state budget. The performance came on the back of higher custom duties as well as taxes on manufactured tobacco, the customs administration said. The record was 1.59 billion dirhams higher than […]

Africa Emerging Markets Europe Finance Headlines International Morocco

Moroccans lost nearly €11 million in Schengen visa refusals in 2023

Moroccans have lost nearly €11 million in fees for rejected Schengen visas last year. In 2023, the number of Moroccan nationals who had their Schengen visas applications rejected amounted to 136,367, costing €10.9 million or about 117 million MAD. This places Morocco second among African countries in numbers of visa rejections. While the Kingdom led […]

Africa Emerging Markets Headlines International Maghreb Morocco

Madagascar hails Morocco’s serious & credible efforts to resolve Sahara dispute, King’s initiatives to promote peace & stability in Africa

Madagascar welcomes the serious and credible efforts made by Morocco to move forward towards resolving the dispute over the Moroccan Sahara and hails King Mohammed VI’s initiatives to promote peace, stability, and shared prosperity in the African continent. This position was expressed in a joint communiqué issued following talks held Friday in Rabat between Malagasy […]

Asia Business Emerging Markets Headlines International Morocco

Morocco, China set to boost cooperation in tourism & cultural sectors

Morocco and China have a shared desire to boost their cooperation in the sector of tourism. Ways of strengthening this tourism cooperation were discussed at a meeting in Rabat Thursday by visiting Chinese Vice-Minister of Culture and Tourism, Quan Rao, and Moroccan Minister of Tourism, Fatim-Zahra Ammor. The two sides stressed the importance of cooperation […]

Africa Americas Asia Headlines International Morocco

UNC-24: GCC, Gabon & Senegal Reiterate Recognition of Moroccanness of Sahara

The Gulf Cooperation Council (GCC), Gabon, and Senegal have reiterated separately their firm recognition of Morocco’s full sovereignty over its entire Sahara territory, commending the realistic autonomy plan offered by the Kingdom for a lasting and peaceful resolution of the regional conflict. In a joint statement read out by the representative of Qatar on behalf […]

Algeria Features Headlines International Maghreb Morocco

Sahara: Algeria’s desperate resort to mercenaries reflects the very failure of its separatist project in Morocco – Diplomat

Algeria’s desperate resort to three mercenaries, traitors to their country, as so-called petitioners to talk not about the Moroccan Sahara, but to call for violence and attack the sacred institutions of the Kingdom, reflects the very failure of the Algerian regime’s separatist scheme in Morocco. The remarks were made by Morocco’s permanent representative to the […]

Headlines International Morocco

Morocco re-elected to UN Committee on Rights of Persons with Disabilities

Morocco has been re-elected, in the person of Abdelmajid Makni, to the United Nation Committee on the Rights of Persons with Disabilities (UN CPRD) for a second term, in elections held on the occasion of the 17th Meeting of States Parties to the Convention on the Rights of Persons with Disabilities, held June 11-13, in […]

Algeria Columns Headlines Maghreb Morocco

Algeria persists in not recognizing fiasco of separatism in Morocco’s Sahara

Algeria’s diplomacy refuses to look in the mirror as it continues to suffer setbacks in support of a Polisario separatist militia that has become a real liability for the military rulers in Algiers. Algeria’s erratic diplomacy has reaped but defeats as the number of Polisario supporters has diminished to be limited to a handful of […]

Africa Headlines International Morocco

UNC-24: Petitioners laud global support for Morocco’s Autonomy Plan & condemn human rights violation in Tindouf Camps

Several UN petitioners have praised the growing international support for Morocco’s autonomy plan offered for the Sahara under its sovereignty, highlighted the impressive socioeconomic development in the Sahara and denounced the human rights violations in Tindouf camps and the Algerian regime anti-Moroccan pathological obsession. Addressing the annual session of the United Nations C-24 convening in […]