Business Finance Headlines Morocco

Morocco to boost its foreign exchange reserves with $650 mln from IMF

Morocco expects to add 650 million dollars to its foreign exchange reserves as part of $1.2 billion that will be offered to the country under the IMF’s Special Drawing Rights. The sum is to be unlocked by the IMF this August 23 after a historic approval by the IMF Board of Governors to allocate Special […]

Headlines Morocco

Morocco-COVID-19: State of health emergency extended until October 31

The government Council, held this Monday in Rabat, has decided to extend the state of health emergency across the national territory until Tuesday October 31, 2021, as part of efforts aimed at curbing the spread of the COVID-19 pandemic. The state of health emergency, in force since March 2020 and that was scheduled to expire […]

Headlines International Morocco

Imminent return of Morocco’s ambassador to Madrid after diplomatic spat (EL Pais)

Moroccan ambassador to Spain Karima Benyaich is expected to return to Madrid nearly four months after she was recalled by her country for consultation on May 18, 2021 amid strained Moroccan-Spanish relations over Madrid’s decision to secretly host Polisario leader in connivance with Algiers. The announcement of the imminent return of the Moroccan ambassador to […]

Europe Headlines International Maghreb Morocco

Frontex voices satisfaction with partnership with Morocco

The EU’s border control agency FRONTEX said Morocco is a “reliable and solid” partner in the fight against illegal migration, the EU agency said. “Morocco has been undertaking tremendous efforts in terms of migration management,” head of Frontex Fabrice Leggeri told Europa Press news agency. Thanks to Morocco’s steady efforts, the western route has been […]

Europe Headlines International Morocco

EU officials welcome Royal Speech, commend depth of Morocco–EU ties

Two senior officials of the European Union have welcomed the contents of the speech delivered Friday evening by King Mohammed VI and commended the depth of Morocco’s ties with the Union. In this vein, European Commission President Ursula von der Leyen underlined the importance of the strategic ties between Morocco and the EU. “Morocco and […]

Americas Business Headlines International Morocco

Morocco-mining: Aya Gold & Silver announces identification of five priority drill targets at Imiter bis

Aya Gold & Silver, a precious metals mining company, has announced that it has identified a new mineralized zone, which stretches over four kilometers in length, at the level of the silver deposit of Imiter bis. Imiter bis silver deposit is located 150 kilometers from Ouarzazate and five kilometers from Managem’s Imiter Mine, which is […]

Europe Headlines International Morocco

Spanish PM welcomes Moroccan King’s speech as a “great opportunity” to redefine bilateral relations

Spanish Prime Minister Pedro Sanchez has welcomed King Mohammed VI’s Friday speech as “a great opportunity” to redefine the pillars and the parameters governing relations between Spain and Morocco, underlining that Madrid has always considered Morocco as a strategic partner of Spain, and also of the whole of the European union. “Morocco and Spain are […]

Asia Headlines International Morocco

Raja Casablanca win Mohammed VI Champions Cup on penalty kicks

The Moroccan team of Raja Casablanca won the Mohammed VI Champions Cup after victory over the Saudi team Al-Ittihad during the final match of the Arab Cup of Champions, which took place in the Prince Moulay Abdallah sports complex in the Moroccan capital, Rabat, Saturday evening. Raja Casablanca won the Mohammed VI Champions Cup following […]

Columns Europe Headlines International Morocco Opinions

Morocco ready to foster ties with neighbors without compromising its best national interests – Royal speech

Morocco seeks balanced relations with its neighbors without compromising its best interests, King Mohammed VI said in a landmark speech that drew light on the recent attacks targeting Morocco’s national institutions. These attacks and “fully-fledged campaigns” sought in vain to tarnish the image of Morocco’s security forces and Morocco’s national institutions, said the King in […]

Energy Headlines Morocco

Morocco expects demand on gas to grow to 3 billion cubic meters by 2040

Morocco expects its demand on natural gas to spike to 3 billion cubic meters by 2040, the energy ministry said in a document that spells out the broadline for a strategy to secure gas supply. The document outlines Morocco’s ambition to raise the share of natural gas in powering the industrial sector as Morocco presses […]