Asia Business Emerging Markets Headlines International Morocco

China’s Tenglong to make car air conditioning parts in Morocco

China’s Tenglong plans to set up a 6-million dollar plant in Morocco to manufacture key car air conditioning components, Chinese media reported. The project was approved by the board of Tenglong which plans to produce in Morocco aluminum tubes for car air conditioning, air-con pipe assemblies, and connecting pipes for heat exchange systems, Chinese news […]

Business Emerging Markets Headlines Morocco

Marsa Maroc to operate Nador West Med container terminal

Marsa Maroc will operate the container terminal at the deep-water port, Nador West Med for 25 years, Moroccan media reported. Marsa Maroc will have to invest 200 million dirhams ($20 mln) in the terminal which will have a capacity of 3.5 million containers, L’Observateur du Maroc et de l’Afrique reported. The terminal has a depth […]

Asia Community Headlines International Morocco

Distribution of Morocco’s medical aid to Palestinians in Gaza starts

The distribution of Moroccan medical aid, dispatched to the Palestinians in the Gaza strip, on instructions of King Mohammed VI, Chairman of the Al-Quds Committee, started on Tuesday. The Palestine Red Crescent Society (PRCS) received at the “Karam Abu Salem” crossing 40 tons of medical supplies, including devices for treating burns, surgical and traumatological emergencies, […]

Headlines International Morocco

Morocco calls for a global, integrated approach to implement the 1954 Hague Convention on Cultural Property Protection

Morocco has called for adopting a global, holistic and integrated approach to implement the 1954 Hague Convention for the Protection of Cultural Property in the Event of Armed Conflict and its Protocols. The call was launched by Morocco’s Permanent Representative to the United Nations, Omar Hilale, at an international colloquium held Tuesday in Rabat under […]

Algeria Asia Columns Headlines International Morocco

Morocco, Algeria and the Palestinian issue

As Morocco matches words with action sending concrete aid to war-stricken Palestinians in Gaza, the Algerian regime indulges through its mouthpieces in fake news and ideological anachronism that is of no help to Palestinians they claim to side with. Algerian media spit their venom claiming that Moroccan military aircrafts landed in Israel, until they were […]

Emerging Markets Finance Headlines Morocco

Morocco central bank cuts key interest rate as inflation drops

Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]

Asia Columns Headlines International Morocco

Palestinian officials, personalities hail Morocco’s new medical assistance as an illustration of King’s unwavering support for Palestinian Cause

Several Palestinian officials and personalities have hailed the new medical assistance dispatched to Gaza at the instruction of King Mohammed VI, saying that this royal move illustrates again the Sovereign’s unwavering support for the Palestinian Cause. These Palestinian officials and personalities expressed their thanks and gratitude to King Mohammed VI, Chairman of the Al-Quds Committee, […]

Emerging Markets Finance Headlines Morocco

WB supports Morocco’s efforts to improve public sector with $600 Mln funding

The World Bank has approved $600 million funding to Morocco to enable the North African Kingdom finance two projects destined to improve public service and performance. The first project, which gets a $350 million support, aims to improve the governance, restructuring, competitive neutrality, and performance monitoring of state-owned enterprises (SOEs). The 2nd project, entitled “Public […]

Asia Columns Community Headlines International Morocco

Morocco sends medical supplies via land route to Gaza

king Mohammed VI, Chairman of Al-quds Committee, ordered the delivery of 40 tons of medical aid in solidarity with Palestinians in Gaza, Morocco’s foreign ministry said. The shipment will follow the same unprecedented route as the aid sent in March. In March, Morocco was the first nation to use the Kerem Shalom border crossing to […]

Europe Features Headlines International Morocco

Forbes Magazine: Undersea High Speed Rail between Casablanca & Madrid by 2030 ?

There is a good chance that travelers will be able to board a high-speed train in Madrid and travel from Spain to the Moroccan city of Casablanca in five and a half hours, through a new tunnel under the Strait of Gibraltar, says U.S. Forbes magazine. Spain and Morocco are now reconsidering this ambitious undertaking, […]