Business Headlines Morocco

IMF: MENA Region Can Offer Better Future for its Citizens

Despite major challenges, the MENA region can capitalize on the opportunities provided by the strengthening of global economy and provide a better, more equitable, and prosperous future for its citizens, says a report released by the International Monetary Fund (IMF). The region’s highly educated and tech-savvy youth have tremendous potential to spur growth if given […]

Algeria Headlines Morocco

Popular Demands Put Pressure on Algeria to Open Borders with Morocco

Moroccan and Algerian nationals are planning yet a new initiative to put pressure on Algiers to open the borders, kept sealed since 1994. This time, activists have called for a march departing from the border towns of Maghnia in Algeria and Oujda in Morocco to the border crossing of Zouj Bghal on July 22, Moroccan […]

Headlines Morocco

Morocco Busts Seven-member IS Recruitment Cell

The Central Bureau for Judicial Investigations (BCIJ) an offshoot of the domestic intelligence agency (DGST) proceeded to the arrest of seven extremists who recruited fighters for the terrorist IS group. The Jihadist cell was busted in the localities of Zaouiat Cheikh, Oulad teima and Marrakech as part of pro-active counter-terrorism operation, authorities said in a […]

Business Europe Headlines International Morocco

Air Arabia Launches Agadir-Birmingham Direct Flight

Moroccan low-cost airline, Air Arabia, launched a direct air route between Agadir and Birmingham with the aim of attracting more British tourists to Morocco’s Atlantic tourist hub. The new air link will help boost tourist arrivals to Agadir, which, together with Marrakech, accounted for 60% of tourist nights spent in the Kingdom. Agadir-Birmingham flights are […]

Algeria Columns Headlines Opinions

Algeria: FT Explains Why Business Tycoons Back a Bouteflika 5th Term

The Financial Times has unveiled the reasons behind the support of the corporate barons of the bid of ailing Algerian President Abdelaziz Bouteflika for a 5th term in office despite uncertainties over his health. “The businessmen have been one of the biggest interest groups behind Bouteflika, aged 81-year old. All made their money under him,” […]

Americas Energy Europe Headlines International Libya

Libya: France, Italy, UK, US Welcome Return of Oil Terminals under Legitimate NOC

France, Italy, the United Kingdom, and the United States have welcomed the announcement that Libya’s National Oil Corporation has recovered its prerogatives and is resuming its vital work on behalf of all Libyans, insisting that Libya’s oil facilities, production, and revenues belong to the Libyan people. The four world powers have issued a joint statement […]

Energy Headlines Libya

Libya Announces Reopening of Key Oil Terminals, Triggering Fall of Crude

Libya’s oil production and export operations will resume to normal levels after General Khalifa Haftar, the military strongman controlling eastern Libya, agreed to allow four export ports (Ras Lanuf, Es Sider, Zueitina and Hariga) to reopen. The announcement was made Wednesday by the country’s National Oil Corporation, the only Libyan authorized body to export the […]

Headlines Morocco

Morocco, a Civilizational Model of Coexistence between Cultures, Religions – Miguel Moratinos

Morocco constitutes a civilizational model of social coexistence between different cultures and religions, said Tuesday in Rabat, former Spanish Foreign Minister, Miguel Angel Moratinos. “Morocco has always been a nation respectful of the alliance of civilizations, and a land of coexistence between different cultures and religions that have contributed effectively to the country’s richness and […]

Africa Europe Finance Headlines International

EU Greenlights an €800 million Package of Financial Guarantee Programs in Africa, Neighborhood

As part of its External Investment Plan, the EU Tuesday gave its green light to a package of financial guarantee programs worth around €800 million. This will help to leverage an estimated €8-9 billion in public and private investment in Africa and the Neighborhood, the European Commission announced in a press release. The decision is […]

Asia Business Headlines International Morocco

Rabat Backs All Initiatives Seeking to Strengthen Arab-Chinese Partnership

Morocco has voiced its readiness to contribute to all initiatives seeking to enhance further Chinese-Arab partnership, based on the principle of respect of the States’ sovereignty and non-interference in their internal affairs. Addressing the 8th China-Arab States cooperation forum held Tuesday in Beijing, Moroccan Foreign Minister Nasser Bourita said the reinforcement of partnership between China […]