Business Emerging Markets Europe Headlines International Morocco

EU reaffirms ‘utmost importance’ of fisheries partnership with Morocco, ‘essential interest’ in its continuation

The European Union (EU) has reaffirmed the “utmost importance” it attaches to its fisheries partnership with Morocco and the “essential interest” it has in its continuation, in a “spirit of trust, solidarity and mutual interest.” Relations with Morocco in the field of fisheries “are part of a global and mutually beneficial partnership, which makes Morocco […]

Community Culture Europe Headlines International Morocco

Desecration of Quran: UNHRC resolution condemns acts of religious hatred

The urgent debate held on Wednesday in Geneva on the sidelines of the 53rd session of the United Nations Human Rights Council (UNHRC) highlighted by the adoption of a resolution condemning acts of religious hatred, which constitute incitement to violence and discrimination. The resolution was adopted by 28 in favor, 12 against and seven abstentions, […]

Africa Americas Business Emerging Markets Headlines International Morocco

Rabat: African Atlantic countries agree to strengthen partnership for shared peace and prosperity

The African countries bordering the Atlantic Ocean have agreed in Morocco to enhance their partnership and integration for shared peace, stability, and shared prosperity. At the end of their 3rd ministerial meeting held Wednesday in Rabat, these countries adopted an action plan conducive to integration and co-development in African-Atlantic region. To achieve the sought goals, […]

Business Emerging Markets Europe Headlines International Morocco

Morocco to assess fisheries deal with EU and act accordingly

Morocco will assess its fisheries deal with the EU and act accordingly, in line with the vision and foreign policy outlined by King Mohammed VI which favors partnerships “with a clearer added value,” foreign minister Nasser Bourita said. A fisheries protocol between Morocco and the EU expires in July 17 and a Moroccan-EU committee will […]

Business Emerging Markets Headlines Morocco

Morocco’s RAM to quadruple its fleet to 200 aircrafts by 2037

Moroccan flag carrier RAM plans to increase its fleet fourfold from 50 aircrafts to 200 by 2037 as the country prepares to host 67 million tourists, the Prime minister’s office said. A contract, signed Tuesday, covers the 2023-2037 period providing for an increase in the state’s contribution in RAM’s capital, the prime minister’s office said. […]

Business Emerging Markets Headlines Morocco

Morocco’s economic growth to recover to 3.6% in 2024- HCP

Morocco’s economy is expected to grow 3.6% amid a recovery in foreign and domestic demand and assumptions of an average farm output as well as a drop in prices of commodities in global markets, the planning agency HCP said. This year, however, economic growth would stand at 3.3% after a below-average cereals harvest of 5.51 […]

Energy Europe Finance Headlines International Morocco

Chariot raises $15 Million in funds for a new onshore gas drilling in Morocco

Chariot, a London-listed, Africa-focused energy company, announced on Tuesday it has raised $15 million (£11.7 million) for its onshore drilling operation in Morocco. The company said the funds were raised through the placement and subscription of 89.6 million shares at an issue price of 14 pence per share, according to a statement from Chariot posted […]

Africa Asia Business Emerging Markets Headlines International Morocco

Emirati Invictus planning to invest heavily in Africa, Morocco on top of list

Emirati Invictus Investment Company has announced plans to invest over $272 million on its expansion into North and East Africa with a focus on Morocco thanks to its political stability, geostrategic position, incentives to investors and competitive economy. In a press release issued Monday, the Dubai-based company said the expansion will be made through acquisitions […]

Africa Headlines International Morocco

Angola supports mutually acceptable political solution to Sahara issue

Angola says it supports a political solution based on compromise to the Sahara regional conflict. In a joint statement issued Tuesday in Rabat following the 3rd meeting of the Moroccan-Angolan Joint Cooperation Commission, Angolan foreign minister Téte Antonio said his country encourages the efforts made by the UN Chief and his personal envoy, Staffan De […]

Europe Headlines International Morocco

World Para Athletics Championships: Morocco’s Fatima Ezzahra Idrissi Breaks 1500m World Record

Moroccan para-athlete Fatima Ezzahra El Idrissi has cracked the 1500 m world record at the 2023 World Para Athletics Championship taking place in Paris July 8 – 17. Fatima Ezzahra won gold in women’s 1500m T12, setting new world record at 4:22.15. American athlete Liza Corso ranked 2nd followed by Tunisia’s Somaya Bousaid. The Paris […]