Emerging Markets Headlines Morocco

Inwi wins antitrust case against Maroc Telecom

The appeals commercial court of Casablanca ordered Maroc Telecom to pay 6.3 billion dirhams to its competitor Inwi, which brought the case accusing Morocco’s largest telecom operator of anti-competitive practices. The ruling upholds the compensation ordered by a court of first instance in January, in a case that was filed by Inwi in 2021. In […]

Asia Headlines International Morocco

Arab Journalists’ General Union renews support for Morocco’s territorial integrity, opposition to all forms of division & separatism in Arab World

The General Union of Arab Journalists has renewed its “full support for Morocco’s territorial integrity in the face of foreign-backed separatist scheming” and voiced opposition of all forms of division and separatism in the Arab world. This came in a statement issued following the meeting of its General Secretariat, held in Baghdad June 29-30. The […]

Americas Headlines International Morocco

Morocco launches “from New York to Marrakech” global road safety campaign

Morocco’s ambassador to the United Nations, Omar Hilale, launched the Global campaign for road safety, dubbed “from New York to Marrakech”, in anticipation of the 4th World Conference on Road Safety which will be held in the Moroccan city February 18 – 20, 2025. This will be the first time Africa will be hosting this […]

Emerging Markets Energy Europe Finance Headlines International Morocco

EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan

The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]

Europe Headlines International Morocco

Morocco to chair UNESCO’s ICC-MAB for two years

Morocco was elected on Tuesday to the presidency of the International Coordinating Council of the Man and Biosphere Program (ICC-MAB) during the Council’s 36th Session held July 1-5 in Agadir. Morocco, represented by Latifa Yaacoubi, Director General of the Moroccan Agency for the Development of Oases and Argan Zones (ANDZOA), will chair the ICC-MAB for […]

Emerging Markets Finance Headlines Morocco

Morocco’s trade deficit shrinks up to May

Morocco’s trade deficit narrowed by 1% from January to May to 117 billion dirhams ($11.7 bln), after exports rose to 191 billion dirhams, but still less than imports at 308 billion dirhams. The automotive sector topped Morocco’s exports at 67 billion dirhams, up 12%, auguring well for another record exports this year. Aeronautics was the […]

Americas Energy Headlines International Morocco

Hydrocarbon: ExxoMobil’s ESSO gets two offshore reconnaissance contracts in Morocco

Esso Exploration International Ltd., a subsidiary of U.S. ExxonMobil Corp., signed on Tuesday in Rabat two reconnaissance contracts with Morocco’s National Office of Hydrocarbons (ONHYM). These reconnaissance contracts cover the areas of Safi-Essaouira Offshore and Agadir-Ifni Offshore. The areas are located offshore the cities of Safi, Essaouira, Agadir and Sidi Ifni. The signing of these […]

Headlines Maghreb Mauritania Morocco

Morocco’s King congratulates Mauritania’s President El Ghazouani on his re-election victory

King Mohammed VI has sent his congratulations to Mohamed Ould Cheikh El Ghazouani, who has been re-elected to a second term as Mauritania’s President. In his message, the Moroccan Sovereign wished Ould Cheikh El Ghazouani success in his missions and reaffirmed steadfast determination to work with him to enhance further cooperation set between the two […]

Americas Business Emerging Markets Headlines International Morocco

Morocco, US discuss closer trade ties

An official Moroccan trade delegation held talks in Washington with top officials at the he U.S. Department of Commerce on building on their existing Free Trade Agreement to further boost ties. The Moroccan delegation was led by industry and trade minister Ryad Mezzour, while the US delegation was chaired by the US Assistant Trade Representative […]

Americas Columns Emerging Markets Headlines International Maghreb Morocco

UN: New York hosts seminar on autonomy & foreign direct investment promotion

An international research seminar on the theme of “territorial autonomy: the promotion of foreign direct investment”, held in New York Monday provided a platform to compare the Morocco-proposed Autonomy Initiative for the Sahara region with other autonomy experiences in the world, particularly with regard to the promotion of foreign direct investments in the autonomous regions […]