Business Headlines Mauritania Morocco

Morocco, Mauritania set to bolster economic ties

Morocco and Mauritania are willing to build on the current momentum to further bolster their economic ties, Foreign Ministers of the two countries said. Morocco is determined to work together with Mauritania to foster economic ties to reflect the excellence of bilateral cooperation, Foreign Minister Nasser Bourita said following talks with his Mauritanian peer Ismaël […]

Europe Headlines International Morocco

Morocco deplores France’s decision of slashing number of visas for Moroccans

Morocco reacted on Tuesday to the decision of French authorities to reduce sharply the number of visas issued to Moroccan nationals amid a presidential campaign increasingly focusing on immigration. At a joint press conference held in Rabat following his meeting with Mauritanian Foreign Minister Ismaël Ould Cheikh Ahmed, Morocco’s top diplomat said the French decision […]

Asia Business Finance Headlines International Morocco

Moroccan, Russian Central Banks Sign MoU to upgrade cooperation

Morocco’s central bank (Bank Al-Maghrib) and Bank of Russia (Central Bank of the Russian Federation) have signed a memorandum of understanding (MoU) aimed at improving and strengthening cooperation between the two Institutions. The agreement covers the exchange of information and expertise in several areas, including developing and implementing monetary policy. It also covers macroprudential policy, […]

Africa Headlines International Morocco

AU: Morocco takes part in meeting of Permanent Representatives Committee

Morocco is taking part remotely in the 42nd Ordinary session of the Permanent Representatives Committee (PRC) of the African Union, which opened works on Tuesday in Addis Ababa. During the meeting, the permanent representatives to AU will look into several reports related to Africa Centers for Disease Control & Prevention (Africa CDC), multilateral cooperation, AU […]

Europe Headlines International Tunisia

Western leaders to boycott Francophonie Summit to take place in Tunisia

Western leaders including France’s Emmanuel Macron and Canada’s Justin Trudeau have not confirmed their presence at the XVIII Summit of La Francophonie to take place in Tunisia, on the island of Djerba in the month of November, reportedly over ongoing exceptional measures adopted by President Kais Saied. Scheduled for November 20-21 under theme “Connectivity in […]

Algeria Headlines Maghreb Morocco

UN: High turnout of voters in Moroccan Sahara reflects their attachment to territorial unity (Morocco FM)

The massive participation of the population of the Moroccan Sahara in the elections of September 8 confirms its attachment to the territorial unity of the Kingdom, said Monday, Moroccan foreign minister Nasser Bourita in his address made remotely to the ongoing 76th UN General Assembly. This also confirms “the willingness of the population of the […]

Business Egypt Finance Headlines

Egyptian state-run banks launch $63.5m fintech fund

Three Egyptian state-controlled banks will launch from next month a $63.5 million (EGP 1 billion) fintech fund to support start-ups in the fintech space and international outfits that want to establish in the Egyptian market, concerned banks have said in a statement. National Bank of Egypt, Banque Misr, and Banque du Caire are behind the […]

Headlines Morocco

UN Women commends Morocco’s gender equality actions

UN Women, a UN agency dedicated to gender equality and women’s empowerment, has hailed Morocco’s decisions seeking to close gender gap, saying the North African Kingdom is taking an important step towards achieving gender equality with the adoption of Laws N°19-20 and N°5-96 governing SMEs and Corporations By establishing a 30% progressive quota for women […]

Headlines Morocco

Morocco foils major smuggling attempts of drugs, illegal migrants & cash

Moroccan authorities have thwarted major smuggling attempts of cannabis, cash, and illegal migrants in separate operations carried out lately in the Northern and Southern regions of the Kingdom. In Agadir, the security services arrested over the weekend seven people, aged between 20 and 57, for their links to an international criminal network of smugglers of […]