Business Headlines Maghreb Morocco

Drought haunts Morocco’s crop year

Late rainfall is auguring ill for this year’s crop year in Morocco amid a depletion of water dam filling rate to worrying levels. Last year Morocco had an exceptional cereals harvest of 13.5 million tons and exports of agri-food products rose 9.2% to 69 billion dirhams. This year however farmers are ringing the alarm bell […]

Africa Community Headlines International Morocco

Morocco’s Royal Navy assists 256 would-be migrants at sea

The Royal Navy coastguards operating in the Mediterranean and the Atlantic have provided assistance to 256 would-be migrants from February 5 to 8. The candidates to illegal emigration, mostly sub-Saharans, included 41 women and 5 children. They were facing difficulties on board makeshift inflatable boats, military sources said. The rescued people received first aid on […]

Asia Business Headlines International Maghreb

Air pollution costs MENA region $141 billion annually, WB warns

The Middle East and North Africa region (MENA) suffers from excessive air pollution whose cost amounts to $141 billion annually, or around 2% of GDP, the World Bank said in a report released on Monday, urging the region to adopt a green economic policy. The report, titled “Blue Skies, Blue Seas: Air Pollution, Marine Plastics, […]

Africa Asia Business Headlines International Morocco

Morocco-OIC trade exceeded $9Bln in 2020

Trade between Morocco and its partners among the member states of the Organization of Islamic Cooperation (OIC) reached more than $9 billion in 2020, an official from the Ministry of Industry and Trade said on Tuesday. Speaking at the opening of the 20th meeting of Economic Advisers to the Embassies of OIC Member States accredited […]

Americas Headlines International Morocco

Death of Moroccan Rayan continues to prompt sympathy from around the world

The five-year old Moroccan boy, who died last week after being trapped in a well in the northern region of the country, continues to draw worldwide sympathy with the bereaved family and generate gratitude to the search teams. Following this tragic incident, King Mohammed VI offered in a phone call his condolences and sympathy to […]

Headlines Libya

Libya’s parliament shortlists two candidates for Prime Minister Position

Libya’s state legislature, House of Representatives (HoR) located in Tobruk, shortlisted Monday former Interior Minister Fathi Bashagha and businessman Khaled Al-Bibas as the only two candidates meeting conditions for the post of Prime Minister in replacement of embattled Abdul Hamid Dbeibeh, reports say. Aguila Saleh, Speaker of the parliament, during a session held to vet […]

Business Egypt Finance Headlines

Egypt seeks another ITFC financing for MSMEs

Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country secured last month $2.6 billion to fund developmental projects. The Ministry of Planning and Economic Development Monday indicated that the signing will take place this month, Arab Finance reports. The […]

Asia Business Headlines International Morocco

Morocco and Qatar sign six agreements, discuss bilateral cooperation, regional issues

Morocco and Qatar signed, Monday in Doha, six agreements and memoranda of understanding in various sectors on the occasion of the holding in Doha of the 8th session of the High Joint Commission. The accords cover the fields of endowments and Islamic Affairs; tourism; trade, as well as financial control between the two countries’ audit […]

Asia Headlines International Morocco

Rabat backs Riyadh’s bid to host World Expo 2030

Morocco has announced its decision to support the candidacy of Saudi Arabia for hosting World Expo 2030, the largest international exhibition bringing together countries, the private sector, civil society and the general public around interactive shows, workshops, conferences… The supportive stand was voiced by Moroccan foreign ministry, saying this reflects the strong distinguished ties existing […]

Algeria Columns Headlines Maghreb Morocco Opinions

Moroccan FM exposes to French media Algeria’s double speak on Sahara issue

Moroccan Foreign Minister Nasser Bourita said that Algeria has been blocking progress towards a UN political solution to the Sahara issue while claiming that it was not a party to the confllict. Speaking to French media on the sidelines of the African Union summit in Addis Ababa, Bourita recalled that Algeria rejected the round table […]