Europe Headlines International Morocco

Spain & Morocco, an enduring partnership cemented by close economic ties

King Felipe VI of Spain and Queen Dona Letizia arrived this Wednesday in Rabat on a two-day official visit to Morocco at the invitation of King Mohammed VI. The Spanish guests were welcomed at the airport by the Moroccan Sovereign, who was accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and princesses Lalla […]

Asia Business Finance Headlines International Morocco

Casablanca Finance City Joins Efforts with Abu Dhabi Global Market

Casablanca Finance City (CFC) and Abu Dhabi Global Market have agreed to enhance cooperation and jointly promote the development of financial services in Morocco and the United Arab Emirates. The agreement was inked by Saïd Ibrahimi, CEO of the CFC Authority and his emirati peer Dhaher Bin Dhaher Al Mheiri. The two sides pledge to […]

Headlines Tunisia

Tunisair in Turbulence zone

Tunisia’s flagship carrier, Tunisair, announced drastic measures to address financial difficulties including the laying off of 1200 employees, transport minister Hichem Ben Ahmed said. The company, which operates 30 airplanes, has also reviewed its African expansion plans to mitigate the crisis it is facing. Tunisair currently employs 200 staff per aircraft and plans to reduce […]

Finance Headlines Morocco

Morocco: AfDB supports declining unemployment rate

The African Development Bank (AfDB) agreed Tuesday to back Morocco’s efforts to reduce unemployment with a $96.6-million loan that will support access to jobs and improvement of populations’ living conditions. Morocco’s minister of economy, Mohamed Benchaaboun, said at the signing of the agreement, the loan is earmarked to improving living conditions through an inclusive job […]

Africa Asia Headlines International

Senegal: Russia denies accusation of support for opposition candidate

The Russian embassy in Dakar has denied and lambasted accusations by President Macky Sall’s entourage alleging that Moscow is planning to channel funds to Ousmane Sonko, one of the serious challengers to the outgoing president in the Feb.24 elections. The Russian mission in a press statement said the allegations circulated by Head of Senegalese expatriates […]

Algeria Headlines

Algeria: Bouteflika to appoint Vice-President to aid in country’s management if elected

President Abdelaziz Bouteflika is planning to appoint a Vice-President to help him rule the country due to his physical inability should he win April presidential elections for a fifth term in office. The appointment would take place should the Algerian leader win the April election for which he announced his candidacy last week.   Official […]

Africa Energy Headlines International

Senegal launches renewable energy training and research program

French investment firm Meridiam has launched a research and training program focused on renewable energy development in Dakar. The training program is managed by the International Centre for Training and Research in solar energy (CIFRES), a unit of the Higher Polytechnic School of Dakar (ESP). About 200 technicians and electricians are expected to receive training […]

Business Europe Headlines International Morocco

European Parliament Adopts by Overwhelming Majority Morocco-EU Fisheries Agreement

The European Parliament adopted this Tuesday (Feb.12) by an overwhelming majority the Morocco-EU Fisheries Agreement. The accord and its protocol were adopted at a plenary session in Strasbourg by 415 votes in favor, 189 against and 49 abstentions. This vote, the last endorsement step at the European level, is the culmination of a process of […]

Europe Headlines International Morocco

Counterterrorism: Three French nationals arrested in Salé

Three French nationals, including one of Algerian origin, were arrested Monday (Feb. 11) in Salé, Rabat’s twin city, for their alleged involvement in the financing of terrorism and for links with fighters operating in Syria and Iraq. Investigations revealed that the suspects have forged close ties with fighters of the Islamic State terror group (ISIS), […]