Africa Business Emerging Markets Headlines International Morocco

Rabat to host Africa Investment Forum in December

The Africa investment forum, which mobilized so far investments totaling 180 billion dollars, will hold its flagship event in Rabat on December 4-6, the African Development Bank (AfDB) said. Dubbed “Market Days,” the event will bring together investors, private sector firms on the continent together with government officials and international financial institutions. Since its creation […]

Europe Headlines International Morocco

French Ambassador to Morocco hails King’s humanitarian initiative to help Palestinian populations as a historic milestone

French ambassador to Morocco, Christophe Lecourtier, has stressed the importance of the initiative of King Mohammed VI, Chairman of the Al Quds Committee, to deploy overland humanitarian aid for the Palestinians in Gaza, hailing the move as a historic milestone. The King’s decision “will mark history,” the diplomat said in an exclusive statement to Medi […]

Community Headlines International Morocco

Morocco: Maritime patrols thwart irregular migration attempts off Tantan, Dakhla

A series of coordinated coastal sweep operations and maritime patrols on Friday enabled the interception of 269 would-be migrants who were attempting to reach the Canary Islands, the General Staff of the Royal Armed Forces (FAR) said in a statement. The operations, carried out approximately ten kilometers southwest of Tantan, involved FAR units responsible for […]

Africa Finance Headlines International Morocco

AfDB lends Morocco €100 Mln for infrastructure projects in rural zones

The African Development Bank has lent €100 Million to Morocco’s Communal Equipment Fund to support sustainable infrastructure projects aimed at reducing territorial and social disparities in the North African Kingdom. The loan agreement was signed Friday in Rabat by the African Development Bank (AfDB) and le Fonds d’équipement communal (FEC). The money will serve to […]

Business Emerging Markets Headlines International Morocco

Morocco’s BCP Bank posts 10.6% net banking income increase

Morocco’s second biggest lender, BCP, said its net banking income rose 10.6% to 22.8 billion dirhams in 2023. This performance is attributed to the strengthening of the interest margin by 1.9%, an 8% growth in the commission margin, and an increase in the result from market activities by 65.8%, the bank said. The bank’s net […]

Headlines Morocco

Morocco’s King, Commander of the Faithful, chairs first religious lecture of Ramadan 1445 AH

King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and Prince Moulay Ismail, chaired on Friday at the Royal Palace in Rabat the first religious lecture of the holy month of Ramadan 1445 AH. The lecture was given by the Minister of Endowments and Islamic Affairs, Ahmed […]

Asia Community Headlines International Morocco

Iftar in Holy City to mark launch of humanitarian aid operation by Bayt Mal Al-Quds Agency

Bayt Mal Al-Quds Asharif Agency organized Thursday an Iftar in the Holy City to mark the launch of the humanitarian aid operation deployed in the city on the instructions of King Mohammed VI, Chairman of Al-Quds Committee. The Iftar was attended by Muslim and Christian religious dignitaries, eminent figures, the head of the Moroccan Waqf […]

Americas Headlines International Morocco Technology

US, Moroccan ambassadors to UN present to media first-ever UN resolution on artificial intelligence

The U.S. Ambassador to the United Nations, Linda Thomas Greenfield and her Moroccan counterpart Ambassador Omar Hilale, presented Thursday to the international press, the first-ever UN resolution on artificial intelligence, which will be adopted by the UN General Assembly on March 21. The presentation of the initiative took place during a press conference at UN […]

Africa Americas Asia Europe Headlines International Morocco

Royal initiative to send humanitarian aid to Gaza & Al Quds largely commented by international media

The successful humanitarian operation launched by King Mohammed VI to alleviate the sufferings of the Palestinians in the Gaza Strip and Al Quds, reeling under inhuman Israeli siege, made the headlines of international media. Forty tons of foodstuffs and basic products were sent on Tuesday to Palestinians upon the instructions of King Mohammed VI, chairman […]

Asia Headlines International Morocco

Bayt Mal Al-Quds Asharif Agency launches Ramadan humanitarian operation in Holy City

Upon the instructions of King Mohammed VI, Chairman of the Al-Quds Committee, Bayt Mal Al-Quds Asharif Agency launched, this Thursday in the Holy City, a humanitarian aid operation on the esplanades of Augusta Victoria (Al Mutlaa) Hospital, in the presence of the director in charge of the agency’s management, Mohamed Salem Echarkaoui, several religious dignitaries, […]