Business Europe Finance Headlines Morocco

Holmarcom take over of BMCI marks exit of the last French lender from Morocco’s retail banking sector

Moroccan conglomerate Holmarcom is set to deepen the shift toward local ownership in the kingdom’s banking sector with its planned acquisition of BMCI from France’s BNP Paribas, in a deal that underscores the exit of the last French bank from Morocco’s retail lending. After completion of regulatory requirements, Holmarcom plans to merge BMCI with Crédit […]

Africa Columns Headlines Morocco

Attack on Moroccan trucks in Mali highlights growing threat of terrorism-separatism nexus

Armed men loyal to a JNIM terrorist group targeted a convoy of Moroccan trucks carrying food supplies to Bamako near the Mauritania–Mali border, underscoring mounting insecurity in the Sahel and vindicating Morocco’s warning of the risks to regional stability posed by the coalition between terrorist and separatist groups in the region. The attack occurred along […]

Headlines Morocco

Morocco Celebrates 23rd Birthday of Crown Prince Moulay El Hassan

Morocco is marking the 23rd birthday of Crown Prince Moulay El Hassan this Friday, May 8, with celebrations across the kingdom reflecting the deep and abiding attachment of Moroccans to the Throne and to King Mohammed VI as Commander of the Faithful. Born at the Royal Palace in Rabat on 8 May 2003, the Crown […]

Africa Americas Headlines Morocco

US Defense Secretary Hegseth Hails Morocco as America’s Top African Military Partner

United States Secretary of Defense Pete Hegseth praised Morocco as America’s foremost partner on the African continent, and describing the kingdom’s engagement with the African Lion 2026 military exercises as exceptional and enduring. There is no better host for the continent’s largest multinational military exercise, he said. Speaking by video link during a ceremony held […]

Africa Headlines Maghreb Morocco

Zambia Reiterates Support for Morocco’s Territorial Integrity, Welcomes Resolution 2797 Enshrining Moroccan Sovereignty over Sahara

Zambia reiterated on Thursday its firm and steadfast support for Morocco’s territorial integrity and Moroccanness of the Sahara. It also welcomed the historic adoption on October 31, 2025, by the UN Security Council of Resolution 2797, which enshrines, within the framework of Moroccan sovereignty, the Morocco-proposed autonomy plan as the only serious, credible, and lasting […]

Americas Headlines Maghreb Morocco

U.S. ambassador to Rabat attends first African Lion humanitarian activity in Dakhla

Duke Buchan III attended the first Humanitarian Civic Assistance (HCA) activity held in Dakhla as part of the African Lion military exercise, highlighting deepening U.S.-Morocco defense ties and their impact on local communities. The humanitarian initiative is a core component of African Lion, reflecting joint efforts by the United States and Morocco to enhance their […]

Americas Headlines Maghreb Morocco

U.S. Condemns Polisario Rocket Attacks on Smara, a Threat to Regional Stability

U.S. Mission to the United Nations has condemned the recent rocket attacks launched by the Algeria-backed Polisario militias against the Moroccan Sahara city of Smara, saying “such violence threatens regional stability and the progress made towards peace”. “These actions are inconsistent with the spirit of the recent talks,” said the U.S. diplomatic mission in a […]

Business Europe Headlines Morocco

Stellantis Supports Morocco’s Circular Economy with Opening of Facility Specialized in Vehicles’ Dismantling & Parts Reuse

Stellantis, a multinational automotive manufacturing Corporation, has opened in Casablanca a center dedicated to vehicle dismantling and parts reuse. The €1.6 million facility supports Morocco’s sustainable ecosystem by extending product lifespan, reducing environmental impact and optimizing the use of resources across the automotive value chain. The new site is the first of its kind for the […]

Business Headlines International Morocco

Global Fertilizer Market Braces for Soaring Prices amid Geopolitical Tensions

Global fertilizer market has entered a period of heightened volatility as the Middle East conflict continues to send shockwaves through trade flows, logistics and across all major fertilizer groups. According to an analysis issued by the Independent Commodity Intelligence Services (ICIS), uncertainty over freight routes, escalating insurance costs and the near-closure of the Strait of […]

Asia Business Headlines Morocco

Rabat & Seoul Discuss Comprehensive Economic Partnership Agreement

Korea and Morocco have agreed to launch negotiations on comprehensive economic partnership agreement (CEPA) to boost economic cooperation, trade and investment, said Korean news agency Yonhap. The CEPA talks were discussed during the virtual meeting held Wednesday between Trade Minister Yeo Han-koo and Omar Hejira, Morocco’s secretary of state for industry and trade. Yeo Han-koo […]