King Mohammed VI on Friday urged the Moroccan banking and financial sector to be more involved in the country’s development process, mainly through simplifying and facilitating access to loans, being more open to self-employment projects and financing the creation of small and medium sized enterprises. “Implementing projects and decisions, and ensuring follow-up to them, involves […]
Headlines
Antonio Guterres remains confident a political solution to Sahara dispute is possible
The United Nations Secretary General said he remains confident that a political solution to the Sahara dispute is possible. “I remain convinced that a solution to the Western Sahara issue is possible,” Antonio Guterres said in his draft report on the Sahara to be debated by the UN Security Council members, who are expected to […]
Erdogan threatens Europe with floods of Syrian refugees in face of lack of endorsement
Turkish President Thursday threatened to let millions of Syrian refugees in his country to head to Europe after France, Germany and several other countries criticized the Turkish army offensive in Northeastern Syria and described it as an invasion. Ankara would allow millions of refugees to head to Europe if the bloc insists on its baseless […]
Morocco revises downward 2019 growth to 2.9 pct
Morocco said its economy will grow by 2.9% in 2019 after 3% in 2018 as the economy continues to be affected by agricultural output, according to finance minister Mohamed Benchaaboun. Rainfall was about 23% less this year compared with 2018, so cereals yield was down 50% compared to a year earlier further deepening the trade […]
Sahara: UN Chief welcomes Morocco’s cooperation with UN
UN Secretary General Antonio Guterres said in an annual report on Sahara that Morocco stood out by its excellent cooperation with the UN mission in the Sahara, MINURSO, at all levels. The Royal Armed Forces have helped the MINURSO accomplish its ceasefire monitoring mission, said Guterres in his report. Guterres noted that the MINURSO had […]
UN Secretary General issues Sahara report rebuking Polisario
UN Secretary General Antonio Guterres presented a new report on the Sahara in which he didn’t shy away from pinning responsibility on the polisario for hindering the peace process through its obstructing the mission of the UN mission in the region, the MINURSO. The UN chief called on the Polisario to comply with its commitments […]
World Bank: Algeria’s Political Uncertainty Affects Economic Performance
As Algerians of all walks of life continue to protest against the military Generals and old guards for keeping a tight grip on the country since independence, all economic sectors of the country are plummeting, heading for a crash. This is the conclusion of the World Bank, which says that deepening political crisis affects business […]
Rallye du Maroc: Giniel de Villiers clinches fourth victory
South African racing driver Giniel de Villiers won Wednesday a new victory at Rallye du Maroc, his fourth in the competition. The Toyota Gazoo Racing Hiluxes driver also won Ifrane round of the competition which also came to an end on Wednesday. Giniel de Villiers snatched the victory after Qatari driver Nasser Al Attiyah missed […]
New life injected to cabinet as Morocco braces for new development model
The Moroccan government has experienced a major shake-up after King Mohammed VI stressed the need for adding momentum to the administration, institutions and the government in preparation for the new challenges awaiting the country. The new government, unveiled Wednesday Oct.9, is more compact with 24 members including the head of the government Saad Eddine El […]
Morocco’s Draft Finance Bill 2020 Seeks to Reduce Social Disparities & Enhance Vocational Training
King Mohammed VI chaired, on Wednesday in Rabat, a Council of Ministers during which the economy & finance minister made a presentation on the draft appropriation bill 2020, which seeks to enhance the country’s educational and training system, reduce social disparities and create job opportunities. Elaborated on the basis of royal directives, the draft bill […]









