Africa Asia Business Emerging Markets Headlines International Morocco

Sahara: Arab-African Chambers meetings in Dakhla, a slap in the face of Polisario & its sponsors

The Union of Arab Chambers and the Union of African Chambers opened this Wednesday in the city of Dakhla, pearl of Moroccan Sahara, a two-day economic conference, sending a strong message to the enemies of Morocco’s territorial integrity as the Arab and African meeting confirms the Moroccannes of the Sahara. The conference, held under the […]

Emerging Markets Finance Headlines Morocco

Morocco: Bill regulating crypto assets in the pipeline

Morocco is drafting a bill to regulate crypto assets in line with the recommendations made during the last G20 Summit, Governor of the central bank “Bank Al-Maghrib”, Abdellatif Jouahri, said Tuesday in Rabat. “The main objective of this legislation is to align Moroccan regulations with international standards concerning crypto assets according to a rigorous approach, […]

Asia Headlines International Morocco

Palestinian FM hails Moroccan King’s role in preserving Palestinian presence in Al-Quds

Palestinian Foreign Minister Riyad Al-Maliki praised, on Tuesday in Marrakech, King Mohammed VI’s role, in his capacity as Chairman of the Al-Quds Committee, in preserving the Palestinian presence in this Arab, Christian, and Islamic city. Al-Malki highlighted, at a joint press briefing with his Moroccan peer Nasser Bourita, following talks on the eve of the […]

Asia Headlines International Morocco

Palestinian FM hails Moroccan King’s role in preserving Palestinian presence in Al-Quds

Palestinian Foreign Minister Riyad Al-Maliki praised, on Tuesday in Marrakech, King Mohammed VI’s role, in his capacity as Chairman of the Al-Quds Committee, in preserving the Palestinian presence in this Arab, Christian, and Islamic city. Al-Malki highlighted, at a joint press briefing with his Moroccan peer Nasser Bourita, following talks on the eve of the […]

Finance Headlines Morocco

Morocco’s special earthquake reconstruction fund hits $2 bln milestone

The special fund launched to finance reconstruction efforts in quake-hit areas is about to hit the $2 billion milestone or 20 billion dirhams, central bank governor said. The earthquake that hit on September 8 claimed 3000 lives and shattered many villages in the western High Atlas. Up to Dec 15, the fund had 19 billion […]

Emerging Markets Finance Headlines Morocco

Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]

Egypt Headlines Morocco

King Mohammed VI hails brotherhood, friendship binding Morocco and Egypt

King Mohammed VI has sent a message of congratulations to Abdel Fattah el-Sisi on his re-election as President of Egypt for a third term wherein he hailed the distinguished ties of brotherhood and friendship binding the two countries.   The Sovereign reaffirmed in his message determination to continue working together with the Egyptian President to […]

Europe Headlines International Morocco

Morocco, Netherlands sign extradition agreement

Morocco and the Netherlands signed an extradition agreement, during a meeting in Rabat between Justice Minister, Abdellatif Ouahbi, and Dutch Minister of Justice and Security, Dilan Zegerius. Part of the implementation of the legal and judicial cooperation program between the two countries, this agreement allows the transfer of a person suspected or convicted of committing […]

Europe Headlines International Morocco

Moroccan-Spanish joint security operation leads to arrest of extremists

Morocco’s Central Bureau of Judicial Investigations (BCIJ), a branch of the Directorate General of Territorial Surveillance (DGST) arrested on Tuesday, as part of a joint security operation with the Spanish police intelligence General Commissariat, an extremist active in Farkhana, in Nador region in Northeastern Morocco, similarly with the arrest by the Spanish authorities of other […]

Asia Business Columns Emerging Markets Europe Headlines International Morocco

Morocco’s hosting of 6th Arab-Russian Forum, an international recognition of the Kingdom’s regional role

The Moroccan city of Marrakesh, which hosted the 2023 WB-IMF Annual Meetings, CAF Awards 2023 and the latest Arab police conference, will host another major event, the Arab-Russian Forum, this December 19-20. The Forum is held under the theme of “the challenge of strengthening Russia’s place in the Arab region and in Africa.” Russian Foreign […]