Emerging Markets Headlines Morocco

Morocco’s migration, asylum policies hailed in Geneva

Morocco’s migration and asylum policies were welcomed by most speakers at the 36th Committee on the Protection of the Rights of All Migrant Workers and Members of Their Families. On the occasion of the review of the second periodic report on the implementation of the international convention on the subject, the Committee’s rapporteurs interacted with […]

Headlines Morocco

“The fruits of faith in human life”, theme of first Ramadan Lecture chaired by King Mohammed VI

King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and Prince Moulay Ismail, chaired the first religious lecture of the holy month of Ramadan at the Royal Palace in Rabat on Wednesday. The lecture by Minister of Endowments and Islamic Affairs Ahmed Toufiq was titled “The fruits […]

Finance Headlines Morocco

WB grants additional €94.7 Mln loan to the Casablanca Municipal Support Program

The World Bank has granted an additional €94.7 Mln loan to the Casablanca Municipal Support Program, destined to increase the investment capacity of the commune, to strengthen the resilience of the city of Casablanca to the effects of climate change, and to improve access to basic services for citizens. The additional financing will allow to […]

Business Emerging Markets Headlines Morocco

Morocco’s king pleads for a new industrial era ensuring sovereignty, enhancing resilience, increasing competitiveness

King Mohammed VI has pleaded for a new industrial era that seeks to ensure Morocco’s sovereignty in the sector, enhance its resilience, and increase its competitiveness. In a message addressed to participants in the “First National Industry Day” which kicked off Wednesday in Casablanca, the Sovereign stressed the importance of being “fully prepared to enter […]

Americas Europe Headlines International Maghreb Morocco

Madrid rejects request to grant Polisario “observer status” in Ibero-American States Organization

Spain has dealt a hard blow to Polisario and its puppeteers during the latest summit of the Ibero-American Conference of Heads of State and Governments, an organization equivalent of the Commonwealth or Francophonie. During this summit convened in Santo Domingo, Dominican Republic, Spanish foreign minister José Manuel Albares has foiled a plot hatched by the […]

Headlines Maghreb Morocco

Morocco maintains standing as most insulated country from terrorism in North Africa- Global Terrorism Index

Morocco remains the most secure country from terrorist attacks in the southern Mediterranean, said the Institute for Economics & Peace (IEP) in its 2023 Global Terrorism Index. Morocco took the 83rd place ahead of European countries such as Spain, the Netherlands and Austria underscoring its standing as the safest country in North Africa. “The countries […]

Business Emerging Markets Headlines Morocco

Morocco’s OCP posts record $11.28 bln revenue in 2022

Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]

Asia Business Emerging Markets Headlines International Morocco

Morocco, Cambodia sign agreement on air services, other deals in the pipeline

Morocco and Cambodia signed, in Rabat on Monday, an agreement on air services meant to promote tourism and trade between the two countries. The agreement signing took place during the meeting of visiting Cambodian deputy prime minister and minister of Foreign Affairs Prak Sokhonn with Morocco’s Foreign minister Nasser Bourita. The two officials welcomed the […]

Business Emerging Markets Finance Headlines Morocco

BMCE Capital, best investment bank in Morocco in 2023

BMCE Capital, the investment banking arm of Bank Of Africa-BMCE Group, has been awarded the prize of the “Best Investment Bank in Morocco in 2023” by the “International Investor Magazine”. This award confirms BMCE Capital’s position in investment banking, both nationally and continentally, and its quest for excellence in the service of its partners and […]