Headlines Morocco

Morocco’s King inaugurates psychosocial rehab Center in Casablanca

King Mohammed VI on Wednesday inaugurated the Psychosocial Rehabilitation Center as part of Casablanca’s Ibn Rochd University Hospital. This project, carried out by Mohammed V Foundation for Solidarity, illustrates, once again, the special interest the Sovereign takes in the promotion of the health sector in Morocco. The King took the opportunity to visit various departments […]

Blogs Community Features Headlines Morocco

Rabat Decries Israeli Police Raid on Al Aqsa Mosque

The Moroccan Government has strongly condemned the Israeli forces raid on Al Aqsa Mosque, third holiest site in Islam, denouncing the violent attack of worshippers during the holy month of Ramadan. Morocco, whose King Mohammed VI chairs Al Quds Committee, stresses the need for the respect the legal, religious and historical status of Al Quds […]

Africa Finance Headlines International Morocco

Morocco calls for securing financial independence of AU

Morocco insisted, Wednesday in Addis Ababa, before the first meeting of the Permanent Representatives Committee of the African Union (PRC) under Comorian chairmanship, on the need to secure the financial independence of the pan-African organization, whose budget currently dependents on foreign partners. Morocco’s Permanent Representative to the AU and UNECA, Mohamed Arrouchi, who was speaking […]

Emerging Markets Finance Headlines Morocco

WB supports Morocco’s financial & digital inclusion with $450 Mln funding

The World Bank has approved a third Development Policy Financing (DPF) of $450 million for Morocco to enable the country advance financial and digital inclusion, key enablers in reducing poverty and boosting shared prosperity This third financing was announced end of March. It is “in line with the recommendations of the New Development Model (NDM), […]

Emerging Markets Finance Headlines Morocco

IMF: Morocco gets $5 Bln credit line to enhance its economic resilience & external buffers

The International Monetary Fund (IMF) decided on Monday to provide a $5 billion precautionary flexible credit line (FCL) to Morocco to enhance the country’s external buffers, and support its economic resilience and structural reforms. Ms. Antoinette Sayeh, IMF Deputy Managing Director, said : “Morocco’s very strong macroeconomic policies and institutional framework have allowed its economy […]

Headlines Morocco

Morocco’s approach to counter extremism, a fundamental reference – international expert

Morocco’s approach to dealing with religious extremism is a fundamental reference, said international expert and lecturer at German Leipzig University’s Global & European Studies Institute, Gilad Ben Nun, describing this approach as successful. “An overview of Morocco’s general approach to combating religious extremism gives a clear measure of the success of such efforts. The fact […]

Asia Headlines International Morocco

Sky News Arabia crowns Morocco’s Walid Regragui best Arab coach, FRMF best Arab federation

The coach of Morocco’s Atlas Lions, Walid Regragui, was crowned with the prize for the best Arab coach, during the “Night of Legends” ceremony organized by “Sky News Arabia”, Sunday in Abu Dhabi. The Emirati channel also consecrated the Royal Moroccan Football Federation (FRMF) as the best Arab federation after the historic feat of the […]

Europe Headlines International Morocco

Morocco took part in international forum on rapprochement of cultures, civilizations in Seville

Morocco took part in the international forum on the rapprochement of cultures and human civilizations, held by the Foundation of the Three Cultures in Seville March 29-30. André Azoulay, Advisor to King Mohammed VI and co-president of the Three Cultures Foundation, who led the Moroccan delegation to the forum, praised the efforts made by the […]

Energy Europe Headlines International Morocco

Morocco features in UK energy strategy plan as electricity supplier

The project consisting in shipping electricity from Morocco to the UK led by Xlinks has featured in the UK’ s government energy security plan, dubbed Powering UP Britain. The policy paper sets out interest in the Xlinks project, a proposed large scale onshore wind, solar and battery electricity generation site in Morocco that would exclusively […]

Emerging Markets Finance Headlines Morocco

S&P maintains Morocco’s rating at BB+/B with a stable outlook

Credit rating agency Standard & Poor’s Global Ratings has maintained Morocco’s sovereign credit rating at BB+/B with a “stable outlook”, attributed to the country’s ongoing structural reforms that will support robust economic growth. “The stable outlook on Morocco reflects our expectation that ongoing structural reforms will support robust economic growth and help counterbalance external and […]