Headlines Morocco

Covid-19-Morocco: Stern warning to holders of fake health pass & test certificate

Moroccan authorities have issued a stern warning to the scammers and holders of a fake health pass or false negative covid test certificate against the use of fraudulent health documents, saying this is a serious offense liable to criminal prosecution. A high-level meeting was held Tuesday at the ministry of the Interior to discuss measures […]

Headlines Tunisia

Tunisia: Parliament is “a danger for the state”, President Saied

The Tunisian President Kais Saied is at it again! On Tuesday he branded the parliament as a “danger” for the state as he criticized corruption of lawmakers and state officials of the previous governments. Saied made the remark as he received Mohamed Boussaïd, the minister of trade and exports development, to discuss ways to put […]

Asia Business Egypt Finance Headlines International

Egypt-Kuwait Holding announces $500m investment over next five years

Egypt-based investment company, Egypt Kuwait Holding Co SAE (EKH), will invest $500 million over the coming five years, CEO Sherif El-Zayat has revealed. El-Zayat said the company will invest $100 million a year and has made available $100 million to seize any acquisition opportunities during the upcoming period. In this vein, the firm already decided […]

Algeria Headlines Maghreb Morocco

Morocco rejects Algeria’s ‘absurd pretexts’ to cut diplomatic relations

Morocco deplored the “unilateral decision” by Algerian authorities to sever diplomatic ties with the Kingdom, foreign ministry said. “Morocco fully deplores this unjustified though expected decision,” the ministry said in a statement, citing the recent “escalation” and “its impact on the Algerian people.” “Morocco categorically rejects the fallacious pretexts, even absurd pretext” that permeated the […]

Africa Europe Headlines International Morocco

Morocco can act as an “integrating framework” between Europe and Africa (South African think tank)

Morocco can act as an “integrating framework” between Europe and Africa, thanks to its dynamism and its distinguished geographical position, head of “Brenthurst Foundation”, a South African Think tank, said. “Achieving the expected strategic advantages inevitably requires the deepening of regional economic relations and the Kingdom of Morocco can perfectly act, for this purpose, as […]

Europe Headlines International Morocco

Paris describes Morocco as “a great country, friend of France”, “a crucial partner of the EU”

Paris has described on Tuesday Morocco as being “a great country and a friend of France” and “a crucial partner of the European Union”.   Morocco is “a great country and a friend of France” and is “a crucial partner of the European Union,” the French Foreign Ministry said on Tuesday. “Morocco is a great […]

Business Finance Headlines Morocco

Morocco sets up national financial intelligence body to combat money-laundering & terrorism financing

The Moroccan government has approved the setting up of a National Financial Intelligence Authority to better combat money-laundering, terror financing and weapons proliferation.   The establishment of this new entity comes following the recommendations issued by the Middle-East & North Africa Financial Action Task Force which has called for upgrading the country’s financial intelligence unit […]

Business Finance Headlines Tunisia

Tunisia: President’s ‘power-grab’ to cast a shadow on IMF deal-Bloomberg says

The recent measures by the Tunisian President to dismiss the Prime Minister and disband parliament have been described as a “power grab” that may delay the financing deal with the IMF. Tunisia has struggled with endemic unemployment and an economic slow-down worsened by the Covid-19 crisis and pinned hope on a $4 billion loan package […]

Americas Columns Headlines International Morocco Opinions

Middle East Institute highlights reforms ushered in by King Mohammed VI

The Washington-based Middle East Institute has published this Tuesday an analysis on the 22-year rule of King Mohammed VI that was marked by ambitious economic and social policies at home, and promotion of a stable foreign policy abroad.   The author of the analysis Intissar Fakir, an MEI senior fellow and director of the program […]