Asia Business Emerging Markets Energy Headlines International Morocco

Morocco’s Al Mada, China’s CNGR to partner in $2 bln EV battery plant

Morocco’s private investment fund Al Mada and China’s CNGR Advanced Materials said they will partner to build an electric vehicle battery plant in Jorf Lasfar worth 2 billion dollars. The two parties announced in a joint statement that construction will start this year for the plant that is planned to be operational in 2025. Local […]

Headlines Morocco

Funeral in Casablanca of Late Aïcha El Khattabi, in Presence of Prince Moulay Rachid

The funeral of Aïcha El Khattabi, daughter of the late Mohamed Ben Abdelkrim El Khattabi, took place in Casablanca on Thursday, in the presence of Prince Moulay Rachid. After the Dhuhr and funeral prayers, the body of the deceased was buried in the Errahma cemetery. The funeral was attended by family members and relatives, as […]

Emerging Markets Finance Headlines Morocco

Morocco’s king orders earthquake reconstruction program worth $12 bln

King Mohammed VI of Morocco chaired a third meeting to follow up the implementation of the reconstruction after the earthquake ordering speeding up in implementing a program worth 120 billion dirhams ($12 billion) in the six quake-struck regions. The program will span over a five-year period covering the six provinces affected by the earthquake: Marrakech, […]

Emerging Markets Europe Headlines International Morocco

FIFA 2030 World Cup: Spain-Portugal-Morocco Joint Bid “Solid & Ambitious”

Acting Spanish PM Pedro Sanchez has said his country is working with Portugal and Morocco on a “solid and ambitious” bid for hosting the 2030 World Cup. In a tweet posted Tuesday following his meeting in New York with FIFA President Gianni Infantino, he said :“We are working with a clear idea in mind: football […]

Business Headlines International Morocco

Marrakesh hosts international conference on public sector performance & transparency

The city of Marrakesh hosted on Sept.19 an international conference organized by Moroccan Ministry of Economy & Finance, in partnership with the World Bank on “Public Sector Performance and Transparency”. The event was attended by experts in IT and administrative reform, decision-makers, representatives of international organizations and lecturers from Côte d’Ivoire, Cape Verde, Spain, Greece, […]

Columns Headlines Maghreb Morocco

Algeria grabs Moroccan earthquake to settle political scores

Algeria made so much fuss about sending unsolicited aid to Morocco, mobilizing its mouthpieces in the media and its own reporters working for foreign media to show rescuers waiting for Rabat’s green light. Even when Morocco thanked all the countries that offered aid and accepted help only from the UK, Spain, the UAE and Qatar, […]

Asia Europe Headlines International Morocco

Morocco’s King thanks heads of state who sent earthquake rescue teams

King Mohammed VI thanked the heads of state of the UAE, Qatar, Spain, and the UK for the contribution of their rescue teams in the relief efforts after the earthquake. Morocco accepted aid from the four countries following a 7- magnitude earthquake that left around 3000 deaths and destroyed whole villages in the High Atlas […]

Emerging Markets Energy Europe Headlines International Morocco

World Power-to-X Summit: Morocco, Natural Partner to Build Strong Cooperation Ties of with EU (Diplomat)

Morocco becomes a natural partner to build strong friendship and cooperation ties with the European Union, EU ambassador to the Kingdom, Patricia Pilar Llombart Cussac, said Tuesday. “With its substantial energy resources, its proximity to Europe and its strong friendship and cooperation ties at all levels (…), Morocco becomes a natural partner to build such […]

Emerging Markets Energy Headlines International Morocco

World Power-to-X Summit: Green Hydrogen Agreements Signed in Marrakech

Several agreements in the field of green hydrogen were signed on Tuesday in Marrakech, on the sidelines of the ongoing third edition of the “World Power-to-X Summit” (PTX23). The agreements aim to promote innovation and consolidate training around green hydrogen in favor of sustainable development, and to put in place appropriate measures to ensure the […]

Americas Columns Emerging Markets Headlines International Morocco

IMF-WB annual meetings to go ahead as planned in Marrakech on Oct 9-15

The IMF, the World Bank and the Moroccan government confirmed Marrakech will host the annual meetings as planned on October 9-15, in a boon for the earthquake-hit tourism industry in the country. The confirmation came in a joint statement signed by World Bank President Ajay Banga; International Monetary Fund (IMF) Managing Director Kristalina Georgieva; and […]