Asia Emerging Markets Headlines International Morocco

Japan welcomes Morocco’s serious, credible efforts within framework of Autonomy Initiative for Sahara; Keen to promote economic ties with Kingdom

Japan has welcomed this Friday Morocco’s “serious and credible efforts” within the framework of the autonomy initiative to settle the Sahara issue. This position was expressed by Japan’s Foreign Minister, Yoko Kamikawa, during talks in Tokyo with her Moroccan peer Nasser Bourita, the Japanese Foreign Ministry said in a statement. Based on Japan’s “consistent” position, […]

Algeria Columns Community Headlines Libya Maghreb Mauritania Morocco Tunisia

Algeria’s stillborn anti-Morocco regional union

Tunisia has added the final nail in Algeria’s attempt to create a Maghreb union that excludes and isolates Morocco. The Algerian president has spoken about a union in the making with Tunisia and Libya due to the inaction of the Maghreb union that also includes Mauritania and Morocco. Analysts have said that Tebboune was seeking […]

Asia Headlines International Morocco

China-Arab States Cooperation Forum: King Mohammed VI commended for his defense of Palestinian cause; Morocco denounced disastrous situation in Gaza

Arab and Chinese Foreign Ministers expressed, their support for the efforts of King Mohammed VI, Chairman of the Al Quds Committee, in defending the Palestinian issue. This position was expressed in the “Joint Communiqué between China and Arab States on the Palestinian issue”, published Thursday by the 10th Ministerial Conference of the China-Arab States Cooperation […]

Americas Headlines Morocco

African Lion 2024: King awards decorations to senior US military officials

King Mohammed VI, Supreme Commander and Chief of General Staff of the Royal Armed Forces, has awarded Royal wissams to US senior military officials. The Royal wissams were awarded at a ceremony held at the headquarters of the South Zone General Staff in Agadir on Thursday to Army General Michael Langley, Commander of the US […]

Algeria Asia Columns Emerging Markets Headlines International Morocco

Algeria alarmed by huge Chinese investments going to Morocco

As a growing number of giant Chinese companies chose to invest in Morocco for its political stability and competitive assets, the Algerian regime became extremely worried to see its neighboring country taking the lead and thriving while Algeria is lagging behind and sinking into the abyss. In a desperate move to address the situation, Algerian […]

Emerging Markets Finance Morocco

Morocco to cut fiscal deficit to 3% in 2026, thanks to higher tax revenue

Morocco expects to further cut its fiscal deficit from 4% in 2024 to 3.5% in 2025 and 3% in 2026, despite an increase in spending on social protection, Fouzi Lekjaa said. The deficit was at 7.1% when the government took office in 2021, at a context marked by a recovery from the economic impact of […]

Business Emerging Markets Headlines Morocco

Morocco targets 1.4 million cars in four years

Morocco plans to increase its car production capacity from 700,000 cars currently to 1 million next year and 1.4 million in four years, industry minister Ryad Mezzour said. “The goal is to reach a capacity to produce 1.4 million cars within the next four years, given the existence of the electrical car sector which will […]

Asia Headlines International Morocco

Arab Information Ministers commend efforts by King Mohammed VI, Al-Quds Committee in defending Palestinian cause

The Council of Arab Information Ministers, meeting Wednesday in Manama, Bahrain, lauded the efforts made by King Mohammed VI and the Al-Quds Committee he is chairing in defending the Palestinian cause.   In their recommendations, the ministers also called on Arab media to highlight the efforts of Bayt Mal Al-Quds Agency, operational arm of the […]

Emerging Markets Headlines International Morocco Technology

U.S. Tech Group Oracle to open two cloud regions in Morocco

A partnership agreement providing for the opening of two Oracle Cloud regions in Morocco was inked, Wednesday in Marrakech, between the U.S. technology group Oracle and the Moroccan ministry of Digital Transition and Administration Reform, the ministry of Investment, Convergence and Evaluation of Public Policies, and the Moroccan Agency for Investment and Export Development (AMDIE). […]

Africa Finance Headlines International Morocco

AfDB: €84 million funding for sustainable development of Morocco’s forests

The Board of Directors of the African Development Bank (AfDB) has approved an €84 million funding for the sustainable development of forest areas in Morocco, meant to enhance climate resilience and promote local entrepreneurship. The project meant to support the inclusive and sustainable development of forest areas in Morocco aims to contribute to strengthening the […]