Emerging Markets Finance Headlines Morocco

Teachers’ wage hike to cost government $900 million

The Moroccan government will have to spend 900 million dollars (9 billion dirhams) in 2024 and 2025 on the new deal struck with teachers to end their long strike, education minister Chakib Benmousa said. After negotiations with teachers’ unions, the government had agreed to a wage hike of 1500 dirhams and an increase in other […]

Culture Headlines Lifestyle Morocco

Africa-Football: Morocco Wins 5 CAF Awards 2023, Best-ever Tally

Morocco has won most of the 2023 Awards of the Confederation of African Football (CAF) rewarding the best African teams, coaches and players for their outstanding achievements and performance. In a ceremony held Monday in Marrakesh, Moroccan football team won the best men’s team award for their stunning performance at Qatar World Cup 2022. The […]

Emerging Markets Europe Headlines International Morocco

Frontex Chief calls Morocco ‘strategic’ partner in countering cross-border crime

The Executive Director of the European Agency for the Management of Operational Cooperation at the External Borders (Frontex), Hans Leijtens, emphasized Morocco’s pivotal role as a strategic partner in countering cross-border crime. “Morocco is one of our strategic partners, and it’s evident that we need each other in cooperation to fight cross-border crime [and] to […]

Egypt Emerging Markets Headlines Morocco

Egypt, Morocco to bolster cooperation in water resources sustainable management

Morocco and Egypt have signed a memorandum of understanding (MoU) providing for an enhanced cooperation in the field of sustainable management of water resources. The MoU was initialed in Dubai on Monday, on the sidelines of COP28, by the Moroccan and Egyptian Ministers of Water, Nizar Baraka and Hani Sweilem. The agreement aims to strengthen […]

Business Emerging Markets Headlines Morocco

COP28: Mohammed VI Fund for Investment Signs Principles for Responsible Investment Declaration

The Mohammed VI Fund for Investment (FM6I) officially signed the Principles for Responsible Investment (PRI) Declaration, on the sidelines of the conference of the parties to the un framework convention on climate change (COP28) This voluntary initiative demonstrates the commitment of the Fund, the first signatory in the “Asset Owner” category in Morocco, to promoting […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco’s Guelmim-Oued Noun region, part of EBRD’s Green Cities Program

The European Bank for Reconstruction and Development (EBRD) has included Guelmim-Oued Noun region into its Green Cities Program and will thus contribute with a €12 million loan to improve drinking water supply in rural areas and upgrade four existing wastewater treatment plants. “This is a trigger investment that will initiate the region’s participation in the […]

Algeria Americas Columns Headlines International Maghreb Morocco

Will Washington succeed in engaging Algiers amid imminent listing of Polisario “Terror Organization” ?

The Biden administration has intensified lately political and military consultation with the Algerian regime in a bid to de-escalate tension with neighboring Morocco, Washington’s strategic ally and partner. However, several experts wonder whether the U.S. overture to Algeria will hold given the impulsive diplomacy of a country controlled by an oppressive and corrupt junta swaying […]

Headlines Morocco

Government, teachers’ unions reach breakthrough agreement

A period of recurrent strikes is about to get wrapped up with a landmark deal between the government and teachers’ main unions providing for wage hikes of up to 1500 dirhams. Teachers led nation-wide strikes this year demanding better wages and more benefits, while urging the government to abstain from applying a new law which […]

Algeria Columns Headlines International Maghreb Morocco

UN General Assembly reaffirms exclusivity of UN political process to resolve Sahara issue

The United Nations General Assembly adopted a resolution reaffirming its support for the political process conducted under the exclusive auspices of the UN Security Council for the resolution of the regional dispute over the Moroccan Sahara, and reiterating the definitive burial of the referendum. The General Assembly thus confirmed the resolution adopted by the 4th […]

Algeria Americas Columns Community Headlines International Maghreb Morocco

US recognizes Algeria’s role in perpetuating Sahara conflict

The US is clearly blaming Algeria for perpetuating the Sahara conflict by hampering UN efforts to reach a mutually acceptable political solution based on compromise, in line with Security Council resolutions which since 2007 have been describing Morocco’s autonomy plan as serious and credible. This was the summary of an interview with Deputy Assistant Secretary […]