Finance Headlines Maghreb Morocco

S&P upgrades Morocco’s rating to stable

S&P Global Ratings agency maintained Morocco’s ratings at BBB-/A-3 while upgrading its outlook from negative to stable. The stable outlook reflects expectation that fiscal consolidation will continue over the next few years, which will help stabilize debt. “We could raise the rating if budgetary consolidation prospects materially improve or the ongoing transition toward a more […]

Africa Headlines International Morocco

Africa Security Forum to Discuss in Morocco Impact of Climate Change on Africa’s Security

The 4th Africa Security Forum will be organized in Morocco’s capital city Rabat Dec.1-3 under the theme of “the impact of climate change on the security in the African continent”. The event will be attended by delegates from 66 countries, including more than 400 experts, government officials, representatives of civil society and high-tech companies offering […]

Headlines Morocco

DGSN Open Days attract 515,000 Visitors

The third edition of the Open Days event organized by the General Directorate of National Security (DGSN) in Tangiers has attracted 515,000 Visitors. The number of visitors to the event held in Tangier oct.2 through 6 under the theme “Serving citizens, honor, and responsibility”, reflects the growing interest of Moroccans, foreign tourists and residents in […]

Headlines Maghreb Morocco

Morocco: Marrakech to host E-Prix race in place of unstable Hong Kong

The city of Marrakech will play host February next year for a Formula E race, previously planned to take place in Hong Kong, as the Chinese city has been rocked by months-long anti-Beijing protest. A council meeting of the FIA World Motor Sports held in Germany late last week chose the Moroccan city to replace […]

Headlines Maghreb Tunisia

Tunisia: unconfirmed results make Ennahdha winner of legislatives

Moderate Islamist party Ennahdha has won Sunday legislative elections according to exit polls. Polling firm, Sigma Conseil projects the party to garner 17.5 percent of Sunday’s vote, translating into 40 seats in the 217-member parliament. The polling agency places Heart of Tunisia party, a newly political movement of detained run-off candidate Nabil Karoui, second with […]

Algeria Business Headlines

Renault considers closing Algeria plant after import restrictions

French automaker Renault is considering shutting down its plant in Algeria after authorities in the northern African country took measures to curb imports of car parts. The Algerian news agency APS said the French carmaker will close its plant next November after Algeria imposed measures to reduce bill of imports of semi knocked down and […]

Africa Headlines International Maghreb

Sahara: Lesotho Supports UN-Led Process & Adopts “Positive Neutrality”

Lesotho has pledged to “actively support the UN-led political process” for the resolution of the Sahara issue and observe “positive neutrality” in all sub-regional, regional and international meetings. In a statement issued Friday by the Lesotho ministry of Foreign Affairs, the authorities of this English speaking African country announced their decision to “suspend all declarations […]

Africa Americas Asia Headlines International

Saudi Arabia pledges Support for ‘New Sudan’

Saudi Arabia’s foreign ministry last weekend said the country is working on removing Sudan from the United States’ list of terrorism sponsors. Riyadh made the announcement following a visit to Saudi Arabia by the head of Sudan’s transitional sovereign council Abdel Fattah al-Burhan, and Prime Minister Abdalla Hamdok. The duo met with King Salman. In […]

Africa Americas Headlines International Maghreb

US offers $5 million reward to catch ex-Polisario member, IS leader in Sahel

The US authorities announced on Friday a $5 million reward for information leading to the location, the identification, the arrest or conviction of Adnan Abou Walid al-Sahraoui, an ex-member of the Algeria-backed polisario separatist front and current chief of ISIS in Great Sahara (ISIS-GS) that killed four Green Berets in a 2017 ambush in Niger. […]

Headlines Maghreb Morocco

Morocco’s Progress and Socialism Party enacts exit from government

Morocco’s Progress and Socialism party (PPS) has officially left the government after its central committee approved a decision by the political bureau to quit the Islamist-led coalition government. Secretary General of the party, Nabil Benabdallah, said the decision comes after a series of irreconcilable political disagreements with the PJD, adding that his party requested answers […]