Americas Business Headlines International Morocco

Morocco’s air power to be enhanced with 24 Apache Helicopters

US Boeing Company has said that the 24 AH-64E Apache helicopters, ordered by Morocco, will be delivered to the Royal Air Forces in 2024. “We are proud to provide this best-in-class capability to Morocco”, said on Thursday Jeff Shockey, vice president of Boeing Defense in a press release. In 2019, US State Department approved the […]

Business Headlines Maghreb Morocco

Morocco’s development projects in Sahara conform to international law, benefit local population

The development projects carried out in the Moroccan Sahara are conform to international law and respond to an economic logic that ultimately benefits the local population, said Congolese University Professor Dr Firmin C.Kinzounza, underlining Morocco’s undeniable role in the Sahara as the “first investor, first employer, and first contributor to the region GDP”. The International […]

Egypt Headlines

EgyptAir to resume regular flights early July

Egypt’s national carrier, EgyptAirn is set to resume regular international flights early July as airports around the world begin to open up amid covid-19 pandemic. The airliner will fly to 24 destinations in the first week and will service more destinations later, Reuters reports. The destinations includes Europe (13), Africa (3), Middle East (4), North […]

Headlines Tunisia

Tunisia: Over 70 lawmakers lobby parliament to withdraw confidence from PM

A group of 73 Tunisian MPs are demanding the legislature to withdraw confidence from Prime Minister Elyes Fakhfakh accused of conflict of interest, Webdo Tunis reports. The move was confirmed by Hsouna Nasfi, President of the National Reforms parliamentar committee who said that 73 lawmakers have signed a petition to demand the resignation of the […]

Algeria Energy Headlines

Total extends purchase of Algeria’s LNG

France’s energy giant Total has renewed for three years the purchase of liquefied natural gas (LNG) from Algeria’s energy company Sonatrach, Trade Arabia reports. Sonatrach will supply two million tons per year of Algerian LNG to the French market, primarily through the LNG terminal at Fos Cavaou. The deal, concluded in an extremely volatile market […]

Headlines Morocco

Most of Morocco emerges from three-month confinement

Most Moroccans can finally leave their homes without a permit as the country relaxes confinement measures in strict respect of anti-coronavirus protection measures. Cafes across the kingdom have been asked to not exceed half capacity. In downtown Rabat most cafes seemed to abide by social distancing rules. Some big brand outlets are monitoring temperature of […]

Business Headlines Morocco

Morocco approves investment projects worth $2.4 bln despite Covid-19

Investors have shown eagerness to carry out their projects in Morocco despite Covid-19 with 45 projects approved by the government worth $2.4 billion. The sectors of energy infrastructure and telecommunications took 65% of all investment, followed by industry and retail with 16% and tourism with 11%, head of Morocco’s investment promotion agency Hicham Boudraa said. […]

Africa Business Headlines International Morocco

UNCTAD Commends Morocco’s Role in Africa’s Development

Secretary-general of the United Nations Conference on Trade and Development (UNCTAD), Mukhisa Kituyi, has commended Morocco’s contribution to the development of the African continent and the key role it plays in giving substance to South-South cooperation. During a virtual meeting held Wednesday in Geneva with the Group of the Non-Aligned Movement members, Kituyi praised the […]

Asia Headlines International

UN chief urges Israel to abandon annexation plans

The UN Secretary General has called on Israel to abandon its annexation plans in the West Bank, deploring that these plans bring the region further than than ever from peace. “We are at a watershed moment”, António Guterres told a virtual meeting of the Security Council on Wednesday. “If implemented, annexation would constitute a most […]

Africa Business Europe Headlines International Morocco

Morocco to foster African leadership in post-coronavirus- French media says

Morocco has stood out in Africa as a leader that developed an efficient anti-coronavirus approach while preparing the ground for tapping into the opportunities offered by the pandemic for economic and geo-strategic leadership in the continent, French paper Le Point reported. In an article dubbed “Morocco, a future African champion”, the paper highlights Morocco’s position […]