Emerging Markets Headlines International Morocco

IMF Chief impressed by economic progress in Morocco, a shining example of Africa’s greatest potential

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]

Business Emerging Markets Europe Headlines International Morocco

Sahara: UK Gets Brexit Boost after Appeal Court Refuses to Challenge Trade Deal with Morocco

UK’s Brexit has been boosted by the latest court ruling refusing to challenge the legality of the Association Agreement sealed with Morocco, which includes the Sahara territory, says British Express daily. The Appeal Court’s refusal to accept the challenge confirmed the London Administrative Court’s ruling of December 5 2022. Former cabinet minister Ranil Jayawardena has […]

Energy Europe Headlines International Morocco

Dutch PM ‘impressed’ by Morocco’s renewable energy ambitions

Dutch Prime Minister Mark Rutte said he is “impressed” by Morocco’s renewable energy ambitions under the leadership of King Mohammed VI. “I’m impressed by the ambitions set out in this area under the leadership of His Majesty King Mohammed VI, including the target of 52% of electricity from sustainable energy by 2030 and the will […]

Features Headlines Lifestyle Morocco Technology

Morocco and Israel to bolster cooperation ties in scientific research, innovation

Ways of strengthening cooperation between Morocco and Israel in scientific research and innovation were at the center of talks held Tuesday in Rabat between Moroccan Minister of Higher Education, Scientific Research and Innovation, Abdellatif Miraoui and Israeli Minister of Innovation, Science and Technology, Ofir Akunis. The two ministers also discussed partnerships between the two countries’ […]

Europe Headlines International Morocco

European ambassadors commend King’s vision for further democratization of public access to Morocco’s rich cultural heritage

European Ambassadors accredited to Morocco commended the vision of King Mohammed VI for the continued democratization of public access to Moroccan and international culture. This came during a working luncheon hosted for the European Union Heads of Mission by the Italian Ambassador in Rabat, Armando Barucco, and the Ambassador of the EU, Patricia Llombart Cussac. […]

Business Emerging Markets Headlines International Morocco

Aeronautics: Pratt and Whitney to build new facility in Morocco

Morocco has attracted a new heavyweight investor to its burgeoning aerospace ecosystem thanks to its political stability, geostrategic position, modern infrastructures, skilled manpower, tax incentives and free-market economy. On Tuesday, Pratt & Whitney, an American aerospace manufacturer with global service operations, announced at Paris airshow that it will build a facility in Casablanca to manufacture […]

Business Europe Headlines International Maghreb Morocco

Morocco-EU Farming Agreement: Pro-polisario farmers’ union dismissed by French Justice

The Court of Tarascon issued a judgment condemning la Confédération Paysanne (Peasant Confederation), a French trade union organization used in the judicial harassment of the Morocco-EU farming agreement, which constitutes a new judicial setback for the “polisario” and its relays in France. This latest French judicial disallowance comes just a few weeks after the one […]

Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank keeps rates unchanged amid persisting inflation

Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]

Americas Emerging Markets Headlines International Morocco

Marrakesh among seven great cities offering great walks, New York Times

The large-circulation daily in the USA has ranked Marrakesh among seven great cities in the world that offer great walks and the pleasures of strolling through their urban landscape. In an article entitled “In 7 Great Cities, 7 Great Walks”, the newspaper said that they asked writers in cities around the world to suggest routes […]

Finance Headlines International Morocco

WB helps Morocco improve access to quality healthcare for all with $450Mln loan

The Board of Directors of the World Bank approved a $450 million Program-for-Results loan to support the Government of Morocco in implementing an ambitious health reform to improve access to quality public health services for all. Morocco is currently implementing “one of the most ambitious and comprehensive health system reforms in the world, demonstrating its […]