Business Finance Headlines Morocco

Fitch Ratings highlights resilience of Moroccan banks

Credit fundamentals of major Moroccan banks are recovering slowly from the negative impacts generated by the covid-19 pandemic, says Fitch Ratings. The global health crisis caused a 6.3 pc Moroccan GDP contraction in 2020, the worst contraction in 25 years. “The banks’ asset quality and profitability weakened noticeably in 2020. Nonetheless, their credit profiles were […]

Business Headlines Morocco

Morocco hosts international conference on therapeutic purposes of cannabis

The 1st International conference on the medical & industrial potential of cannabis will be held Oct.22-24 in Tangier, Northern Morocco, with the participation of several leading foreign & Moroccan scientists, researchers as well as representatives of pharmaceutical companies. The conference will look into the use of cannabis for medical purposes and the potential of cannabis […]

Algeria Headlines Morocco

UN SG draws Security Council’s attention to diversion of humanitarian aid by Polisario

The UN Secretary General, António Guterres, drew the attention of the Security Council to the diversion by the Polisario of humanitarian and financial aid destined to the population held against its will in the Tindouf camps, in Algeria. This came in a report addressed to the Security Council, which will deliberate on the Sahara issue […]

Africa Headlines International Morocco

Morocco: Africa Seen by its Photographers’ exhibition, a tribute to Mali’s Malick Sidibé

Morocco’s National Museum Foundation starts its 2021-2022 cultural calendar by a photo exhibition dubbed “Africa seen by its photographers”. The exhibition at the Mohammed VI Museum pays a special tribute to the pioneer of African photography, Malick Sidibé and displays for the first time unpublished photos by the Malian artist. This artistic event that celebrates […]

Headlines Tunisia

Kais Saied lifts house arrest ban imposed on key figures

Tunisia’s President Kais Saied has abandoned the house arrest ban imposed on several key figures suspected for corruption and other related offenses. Chawki Tabib, former head of the country’s anti-corruption Monday on Facebook said an official decision stemming from the interior ministry cancelled the order to keep him under house arrest. “I was informed a […]

Headlines Morocco

Seven African nations to play FIFA 2022 World Cup qualifiers in Morocco

Morocco will provide venues for seven African countries for the next matches of FIFA 2022 World Cup qualifiers as they lack professional stadiums meeting world football governing body’s standards. Guinea-Bissau, Guinea, Mali, Burkina Faso, Sudan, Djibouti and Mozambique host their opponents for coming fixtures. Moulay Abdellah complex in Rabat will host Guinea vs Sudan while […]

Americas Headlines International Morocco

Ecuador FM: Morocco, a reference country in Maghreb & Africa

Morocco is a reference country in the Maghreb region and in the African continent, said Ecuador’s foreign minister Mauricio Montalvo at a meeting held lately in Quito with Moroccan ambassador to Ecuador, Ms. Farida Loudaya.   During the meeting, the Ecuadorian top diplomat also stressed the importance of the geostrategic position of the North African […]

Algeria Business Columns Finance Headlines Morocco Opinions

Algeria’s president never-ending Brouhaha

As Algeria sinks into an unprecedented economic and social crisis, Algeria’s president indulges himself and his military rulers with his diatribes against Morocco, Israel and France in a warmongering rhetoric that is reflective of a regime in disarray, verging on insanity. Tebboune spoke to local journalists representing two mouthpieces of the regime about everything except […]

Business Editorials Finance Headlines Morocco Opinions

New Moroccan government unveils ambitious social program

The newly appointed head of the government Aziz Akhannouch kicked off his mission by chairing the first ministerial council followed by a presentation of a government program before members of the parliament with strong social and economic commitment. Akhannouch was designated head of the government after his party came first in Sept.8 elections. He built […]

Africa Headlines International Morocco

Morocco rejects interference in Mali’s domestic issues

Morocco has reiterated its position rejecting any interference in Mali’s domestic issues and urging the international community to back whatever solutions the Malian people and authorities agree on to settle the crisis. Foreign minister Nasser Bourita made the statement following talks with his Malian counterpart Abdoulaye Diop who carried a message from the president of […]