Americas Finance Headlines Morocco

IMF, WB delay Morocco meetings till 2022

The International Monetary Fund, the World Bank and the Kingdom of Morocco announced the postponement of the Marrakech annual meetings for a year until October 2022   The annual meetings are usually held for two consecutive years at the World Bank and IMF headquarters in Washington, and then in a member country every third year. […]

Africa Headlines International

Mali: Intercommunity reconciliation forum in Niono

A forum on intercommunity reconciliation opened on Thursday in Niono, a town in the Segou region, in the center of the country. Four ministers and several hundred people were invited to take part in the discussions aimed at easing tensions between the various communities, including the traditional Dozo hunters on the one hand and the […]

Editorials Headlines Morocco Opinions

COVID-19: Morocco extends state of health emergency until December 10

The Moroccan government Council, held Thursday in Rabat, has decided to extend the state of health emergency, that was scheduled to expire Saturday, November 10, until December 10, 2020, as part of efforts aimed at curbing the spread of the COVID-19 pandemic. The Council adopted the draft decree extending the state of health emergency throughout […]

Headlines Libya Maghreb Morocco

Sahara: Libya, 2nd Arab country to Open Consulate in Laayoune

Libya is believed to be the second Arab country to open shortly a consulate in the Saharan Moroccan city of Laayoune after the United Arab Emirates, dealing another setback to the Polisario and the Algerian regime. According to local Assabah daily, all necessary measures and preparations have been made for the opening of this new […]

Algeria Headlines

Algeria: Twelve years in prison, 8 million dinar fine for Ali Haddad

The Algiers Court of Appeals confirmed Tuesday, November 3, the guilt of the businessman Ali Haddad, tried on numerous charges, including abuse of office, conflict of interest, corruption in the conclusion of public contracts and squandering of public funds. The verdict is nevertheless more lenient than in the first instance. Ali Haddad, founder of ETRHB, […]

Europe Headlines International Tunisia

Italy deports 48 Tunisian illegal migrants

Italy has deported 48 Tunisian illegal migrants as part of a program, which began in August as authorities wage war on the Mediterranean crossing. Two Italian aircraft landed early this week with migrants after they were investigated if connected with any legal offense, Tunisie Numerique reports. The expulsions are part of the European country’s program […]

Business Headlines Morocco

Morocco’s tourist arrivals drop 78% in first nine months this year

Morocco’s tourism is counting the losses due to the coronavirus pandemic with the number of tourist arrivals plummeting by 78% to 2.2 million in the first nine months of this year. Tourism receipts, key to Morocco’s foreign exchange reserves, shrank 60% to 24.3 billion dirhams, the tourism minister Nadia Fettah Alaoui told MPs. The summer […]

Europe Finance Headlines International Morocco

Morocco gets €5 million loan from Spain for construction of two desalination plants

The Spanish government has approved, Tuesday, a €5 million loan to Morocco for the construction of two desalination plants in the cities of Zag and Moulay Brahim. The loan will be granted to the National Office for Electricity and Drinking Water (ONEE) through the Fund for the internationalization of the company (FIEM), according to the […]

Headlines Mauritania

Son of ex-Mauritanian President under investigation on alleged money laundering charges

Mauritania’s anti-corruption police department has interrogated Bedr Ould Mohamed Abdel Aziz, son of former President Mohamed Ould Abdel Aziz, on alleged money laundering charges. Bedr and the “Rahma de Bienfaisance” foundation he leads are suspected of money laundering and use of public funds for the organization’s private activities. The security forces also seized several properties […]