Business Headlines Maghreb Morocco

Rural World Integrated Development, New Concrete Steps to Materialize King’s vision

New concrete steps were made this Thursday to materialize the royal vision of a sustainable and integrated development of the rural world, through the launch of hydraulic, hydro-agricultural and drinking water projects in the province of Essaouira.   King Mohammed VI, who started Wednesday a visit to Essaouira, has thus chaired the inauguration of the […]

Europe Headlines International Morocco

Essaouira, a Symbol of Morocco’s Diversity, Cultural Plurality & Richness – UNESCO DG

The Atlantic city of Essaouira is a standing symbol of Morocco’s diversity and of the plurality of its cultures that make up its richness, said Director General of UNESCO, Audrey Azoulay, who was present during the visit King Mohammed VI, Commander of the Faithful, paid Wednesday to “Bayt Dakira”, in the city’s medina. The Sovereign’s […]

Finance Headlines Morocco

Morocco’s Central Bank Joins Bank for International Settlements

Bank Al-Maghrib, Morocco’s central bank, has become member of the Bank for International Settlements (BIS), the oldest international financial institution, which helps central banks in their pursuit of monetary and financial stability through international cooperation. The decision was made lately by the BIS Board of Directors, which agreed to expand its membership by including the […]

Energy Europe Headlines International Maghreb Morocco Tunisia

Morocco’s Company Nareva Wins Energy Deal in Tunisia

The consortium led by Moroccan energy company NAREVA and French ENGIE group won an international bid for the construction of 120 MWp solar power plant in Gafsa, Tunisia. The consortium will be responsible for developing, designing, financing, building, operating and maintaining the photovoltaic power plant over a period of 20 years from commissioning. The Gafsa […]

Columns Headlines Maghreb Morocco Opinions

King Mohammed VI Honors Essaouira, Haven of Muslim-Jewish Coexistence

King Mohammed VI on Wednesday visited Essaouira where he oversaw a facelift of the city’s historical center called Medina and celebrated its centuries-old history of Jewish-Muslim coexistence. Rehabilitation The King was briefed during his visit to Essaouira about a facelift program worth 300 million dollars to develop the historical part of the city and boost […]

Asia Business Headlines International Morocco

Morocco Wants a New Trade Deal with Turkey before January 30

Morocco’s trade minister Moulay Hafid Elalamy said that the Kingdom and Turkey have started negotiations to review some provisions to make their Free Trade Agreement more balanced. He said Morocco loses 2 billion dollars annually in trade with Turkey, adding that the two parties have agreed to reconsider the agreement in order to make it […]

Editorials Headlines Maghreb Morocco Opinions

King Mohammed VI visits ‘Bayt Dakira’ in Essaouira, an evidence of his attachment to preserving Judeo-Moroccan Heritage

King Mohammed VI who started Wednesday a visit to the Atlantic city of Essaouira paid shortly after arrival a visit to ‘Bayt Dakira’, a spiritual space that tells the story and history of Judaism in Essaouira and in Morocco, a space that preserves and perpetuates the Judeo-Moroccan memory and heritage.   This historical, cultural and […]

Europe Headlines International Maghreb Morocco

Sahara: Autonomy Plan, “Serious & Credible” Approach (Greek FM)

Greek Foreign Minister Nikos Dendias labeled on Wednesday Morocco’s autonomy plan as a “serious and credible approach” for the resolution of the Sahara issue. Athens “deems the Moroccan autonomy plan for the Sahara, submitted to the United Nations, as a serious and credible approach to reach a solution” to this regional conflict, said Mr. Dendias […]

Africa Headlines International Maghreb Morocco

Rwanda Opens Embassy in Rabat

The Rwandan embassy in Morocco was inaugurated at a ceremony on Wednesday Jan. 15 in Rabat in an official ceremony attended by Rwandan Secretary of State for Foreign Affairs, Olivier Nduhungirehe, and Moroccan Foreign Affairs Minister Nasser Bourita.   The opening of the Rwandan embassy comes after Morocco opened its diplomatic representation in Kigali in […]

Asia Business Headlines International Morocco

Automotive: Korean HANDS Corp. Opens €400 million worth Plant in Tangier

Korean HANDS Corporation, aluminum wheel manufacturer, opened on Tuesday a plant in Tangier, its first production site in Africa, enhancing Morocco’s automotive cluster, which is attracting a growing number of investors in this highly competitive industry. The Korean group has invested over ‎€400 million in its Moroccan factory to create up to 1600 jobs.   […]