Algeria Americas Asia Headlines International

Algeria Risks Sanctions if it Buys Russian Arms- U.S. ambassador

The United States is considering imposing sanctions on Algeria if it buys Russian arms, the U.S. ambassador in Algiers told a local news outlet. The move against Algeria is part of measures taken under a law called Countering America’s adversaries through sanctions act (CAATSA), adopted last year, he said. The same law imposes sanctions on […]

Headlines Morocco

Morocco Teams up with UN Office for South-South Cooperation

The Moroccan International cooperation agency (AMCI) and the UN office for south-south cooperation (UNOSSC) signed a Memorandum of Understanding to promote cooperation between countries of the south notably those in the African continent. The agreement is in line with Morocco’s foreign policy underpinned by a south-south drive permeated by co-development and solidarity. It comes as […]

Americas Headlines International Morocco

Paraguay Renews Firm Backing to Morocco’s Territorial Integrity

Paraguay “fully supports Morocco’s territorial integrity” and its sovereignty over the Sahara, said on Thursday in New York the Foreign Minister of this Latin American country, Luis Alberto Castiglion. “Paraguay supports Morocco and will continue to support it,” said Castiglioni in NY following his talks with Moroccan Foreign Minister Nasser Bourita on the sidelines of […]

Finance Headlines Morocco

Morocco to Tap International Bond Market in 2019

Morocco will issue an international bond in 2019 said governor of the Central bank Abdellatif Jouahri, adding that the country may consider the renewal of the IMF precautionary liquidity line which expires this year. Jouahri was speaking to the press at a regular press conference in which he announced that the Central bank maintains its […]

Africa Headlines International Morocco

King of Morocco Calls for Consolidating African Women’s Role as Key Drivers of Development

King Mohammed VI of Morocco has called on all stakeholders in Africa, government, private sector and civil society to spare no effort to consolidate the leading role of women as key drivers of development. “Any obstacle to the empowerment of women is in itself a stumbling block, impeding the continent’s development,” said King Mohammed VI […]

Headlines Morocco

Morocco Calls GCFT Members to Address Core Foundations of Terrorist Ideologies

Moroccan foreign Minister Nasser Bourita called at a meeting of the Global Counterterrorism Forum’s 9th Ministerial Plenary Meeting for continuing the fight against terrorism and extremism by addressing the root causes of these calamities. “Our approach should remain a strategic one, with a long-term perspective that goes beyond territorial victories to address the core foundations […]

Business Europe Finance Headlines International Morocco

Morocco’s BCP Bank Wants to Buy France’s BCPE in Africa

Morocco’s BCP bank started talks with French BCPE bank to buy major stakes in four of its African banks. BCP said in a statement it aims at acquiring BPCE’s controlling stakes in Cameroon, Madagascar, Congo and Tunisia. The French bank owns 68.5% of Banque Internationale du Cameroun pour l’Épargne et le Crédit (BICEC); 71% of […]

Africa Algeria Headlines International Morocco

At UNGA, Morocco Holds Algeria Responsible for Perpetuating Sahara Conflict

Morocco has once again underscored the regional character of the Sahara dispute holding Algeria responsible for blocking progress towards a political solution that would put an end to the ordeal of thousands of people held against their will by the separatist Polisario militia with Algiers consent. Speaking at the 73rd UN General Assembly, head of […]

Europe Headlines International Morocco

Morocco-EU: Akhannouch Upbeat about Farm & Fisheries Agreements Adoption Process

The process towards the adoption of the Morocco-EU farm and fisheries agreements “is moving in the right direction,” said Moroccan Minister of Agriculture and Maritime Fisheries, Aziz Akhannouch, following talks in Brussels Wednesday with EU Commissioner for Agriculture and Rural Development, Phil Hogan. Akhannouch expressed optimism about the process, which, he said, “moves in the […]

Headlines Morocco

King Mohammed VI Fully Supports UN “Action for Peacekeeping” Initiative

King Mohammed VI has expressed Morocco’s full support to the “Action for Peacekeeping” Initiative launched by U.N. Secretary-General António Guterres. In a message addressed to participants in the High-Level Meeting on Action for Peacekeeping, held Tuesday in New York on the sidelines of the 73rd session of UN General Assembly, the Sovereign stressed the importance […]