Emerging Markets Europe Finance Headlines International Morocco

Germany assists Morocco’s earthquake reconstruction program with €100 million loan

Germany has granted Morocco a €100 million loan to assist the Kingdom’s earthquake reconstruction program, alleviate the socio-economic burdens placed on the local population, and assist in managing the aftermath of the disaster that hit Morocco in September last year. The loan agreement was signed in Rabat on Wednesday by Minister in charge of Budget, […]

Emerging Markets Europe Headlines International Morocco

Morocco’s investment potential under spot lights in London

Morocco as an attractive investment destination was under the spotlights during the 10th edition of “The Africa Debate”, held Wednesday in London. The event, named “Morocco Investment Forum,” provided a platform to promote the wide range of opportunities Morocco is offering in different sectors, mainly renewables, telecommunication, and industry. The event focused on Morocco’s strategic […]

Business Emerging Markets Headlines Morocco

Morocco’s Tanger-Med ranks fourth in latest Port Performance Index

Tanger-Med is the fourth top-performing port in the world, according to the latest global Container Port Performance Index (CPPI). The Moroccan port is ahead of all European and African ports for the second consecutive year. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CPPI is based on the biggest […]

Headlines Morocco

Morocco’s BCIJ arrests four Daesh supporters

Morocco’s Central Bureau of Judicial Investigations (BCIJ) arrested this Thursday four supporters of the terrorist organization “Daesh” for their alleged involvement in preparing terrorist plans aimed at undermining public order. The Special Forces of the General Directorate of Territorial Surveillance (DGST) launched intervention and arrest procedures as part of separate and simultaneous operations targeting the […]

Asia Business Headlines International Morocco

Morocco, Palestine poised to bolster industrial cooperation

Morocco and Palestine signed, Wednesday in Rabat, a memorandum of understanding (MoU) to strengthen industrial cooperation between the two countries. The agreement aims to strengthen collaboration and mutual recognition of compliance certificates, quality marks and halal labels between Morocco and Palestine. Minister of Industry and Trade, Ryad Mezzour, who co-signed the MoU with his Palestinian […]

Europe Headlines International Morocco

Morocco deploys “Marhaba Operation” to facilitate diaspora’s return home for summer holidays

The Mohammed V Foundation for Solidarity launched this Wednesday the “Marhaba Operation” 2024 destined to facilitate the return home of Moroccans living abroad for their annual summer holidays. Some 1400 persons have been mobilized to ensure success to this annual operation to last until Sept.15. The Foundation’s executives, social workers, doctors, paramedical staff as well […]

Europe Headlines International Morocco

Hassan II Great World Water Prize: FAO expresses thanks to King Mohammed VI, Morocco

The UN Food and Agriculture Organization (FAO) organized, at its headquarters in Rome, a ceremony in honor of Morocco to extend its thanks to King Mohammed VI and the Kingdom, following the award of the 8th Hassan II Great World Water Prize to this Organization, during the 10th World Water Forum, held on May 20 […]

Emerging Markets Finance Headlines Morocco

Morocco government seeks parliament approval for additional budget funding

The Moroccan government needs to increase its 2024 budget by 14 billion dirhams ($1.4 billion) to meet expenditures linked to subsidizing electricity prices and wage hikes, minister delegate in charge of the budget Fouzi Lekjaa said. In a presentation at the finance committee in parliament, Lekjaa recalled that the government has approved a decree to […]

Headlines Morocco

Morocco offers construction permits to 51,000 quake-hit households

Morocco offered construction permits to 51,031 families, that is 87% of overall applications, as the country races the clock to address the aftermath of September 7, 2023 earthquake. As part of the first batch of aid, 56,067 households received 20,000 MAD in aid for partially or totally demolished houses in the September 7 quake, the […]

Americas Headlines International Morocco

USA expresses gratitude to Moroccan King for humanitarian aid to Gaza, stresses importance of Morocco’s support for President Biden’s initiative

US Secretary of State, Antony Blinken, expressed the “gratitude” of the United States to King Mohammed VI for Morocco’s humanitarian contributions to Gaza, and stressed the importance of Morocco’s support for President Biden’s proposal regarding an enduring ceasefire in Gaza. “The Secretary conveyed his gratitude to King Mohammed VI for Morocco’s humanitarian contributions to Gaza,” […]