Finance Headlines Tunisia

Tunisia to issue up to €800 Million of bonds

The government of Tunisia plans to issue €800 million of bonds on the international debt market next year. “Initially, there is a plan to ask parliament for approval to issue bonds worth up to €800 million ($874.24 million) next year,” a senior official told Reuters Wednesday. The official noted however that it was too early […]

Africa Finance Headlines International Maghreb Morocco

Morocco’s Banque Centrale Populaire acquires majority shares in Cameroon’s BICEC bank

Morocco’s Banque Centrale Populaire, BCP, has acquired 68.5 per cent of Cameroon’s Banque Internationale du Cameroun pour l’épargne et le crédit (BICEC). Till that acquisition, the assets were owned by French group BPCE (Banque Populaire et Caisse d’épargne).   The deal was signed Tuesday at BICEC headquarters in Douala, Business in Cameroon reports. Kamal Mokdad, […]

Africa Business Headlines International

Three African countries named rising stars of global trade

Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]

Headlines Maghreb Tunisia

Tunisia: Grand Mufti denies supporting front runner in second round

Tunisia’s highest religious leader Wednesday debunked rumors that he has thrown support behind Kaïs Saïed who is touted as the next President of the North African country, Middle East Monitor reports. Othman Battikh took to his official facebook page to reject claims that he endorses the law professor at the expense of media tycoon Nabil […]

Asia Headlines International Maghreb Morocco

Mohammed VI Cup: Israel denies entry to Raja Casablanca fans for match with Hilal Al-Quds

One Raja player and a group of fans have been refused access to the West Bank by Israeli authorities for the second leg match between the Moroccan club and the Palestinian Hilal Al-Quds as part of the Mohammed VI Cup. The visiting club landed Monday in Jordan before setting sail to the West Bank through […]

Asia Business Headlines International Maghreb Morocco

Japan, Morocco to conclude tax Convention

Japan and Morocco have agreed in principle on a tax convention that will promote further mutual investments and economic exchanges between the two countries, announced the Japanese Foreign Ministry on its website on Tuesday. The Convention includes provisions for the purposes of clarifying the scope of taxation in the two countries, eliminating international double taxation […]

Africa Asia Headlines International Maghreb Morocco

Morocco’s King Calls on Islamic Countries to Take Joint Action against Climate Change

King Mohammed VI has called on Islamic countries to adopt a common action to counter the challenges of climate change, saying no single country, whatever its capabilities, can effectively address the pressing environmental problems and their negative effects which go beyond geographic borders. In a message addressed to the 8th Islamic Conference of Environment ministers, […]

Headlines Maghreb Morocco

French magazine Looks Back with Admiration at Morocco’s King International Stature

The French magazine “l’Essentiel has published a special issue on the 20-year reign of King Mohammed VI, focusing on his remarkable international stature and commendable far-sighted statesmanship recognized by the most influential world leaders. The magazine cited in this regard statements made by the world’s superpowers leaders, African Heads of State, the UN chief and […]

Headlines Morocco

Morocco: Atlas Lions captain Benatia withdraws from national team

Morocco’s football national team captain Mehdi Benatia Tuesday announced his retirement from the Atlas Lions after 11 years marked by participation in four African Cup of Nations (AFCON) and in the 2018 FIFA World Cup.   The 32-year old man defender made the announcement in an exclusive interview with Qatari media beIN SPORTS.   Benatia, […]

Business Europe Headlines International Morocco

Morocco looks for alternatives to offset Thomas Cook collapse

The fall of Thomas Cook will cause a drop of 100,000 tourists pushing Morocco’s tourism promotion office to seek alternatives in France through opening new air routes operated by low-cost airlines. Fourteen additional routes were opened linking Moroccan and French cities. British low-cost airline EasyJet will operate two flights a week from Nantes to Agadir […]