Asia Headlines International Morocco

Morocco’s King Condemns Missile Strikes against Saudi Arabia as “Despicable Criminal Aggression”

King Mohammed VI has condemned the missile strikes against Saudi Arabia that were fired from Yemeni territory, as a “despicable criminal aggression”. In a message to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King Mohammed VI expressed his “deep sorrow” and “great indignation” and his outright solidarity with the […]

Africa Business Finance Headlines International Morocco

Morocco Top African Investment Destination- Quantum Global Says

Morocco was ranked the most attractive African economy for investments in the Africa Investment Index 2018 issued by Quantum Global. Morocco earned the title of Africa’s top investment destination thanks notably to an improving economy, increased foreign direct investment flow and low external debt levels in addition to propitious business climate among others. “Morocco has […]

Headlines Morocco

Morocco’s Telecom Companies Face-off over ‘Unfair Competition’

Morocco’s third largest telecoms operator, Inwi, is suing market leader Maroc Telecom over unfair competition claiming $620 million in payment. Inwi accuses Maroc Telecom of holding 60% of Morocco’s telecoms market, saying that such a share is against the law, which states that companies should not exceed 40%. Kuwait’s Zain and Kuwaiti Investment Authority’s Al […]

Africa Finance Headlines International Morocco

Attijariwafa bank Teams up with IFC to bolster Trade & Investment in Africa

Attijariwafa bank, a leading pan-African banking group, has teamed up with IFC, a member of the World Bank Group, to boost cross-border trade and investment in Africa and support the continent’s smaller businesses. A cooperation agreement was signed by the two sides to enhance investments in both North Africa and Sub-Saharan Africa. The partnership will […]

Asia Headlines International Morocco

Morocco’s Foreign Minister Visits Palestine

Morocco’s Foreign Minister Nasser Bourita is expected this Tuesday in Ramallah, where he will meet Palestinian President Mahmoud Abbas before traveling to Amman, for a meeting with Jordan’s King Abdullah II on Wednesday. Bourita told Asharq Al-Awsat that his visit to Palestine comes upon instructions by King Mohammed VI of Morocco, who is also chairman […]

Asia Headlines International Morocco

Russia Backs Morocco’s 2026 World Cup Bid

The Russian football association has officially joined its voice to that of Russia, which promised to vote for Morocco in its bid to host the 2026 World Cup tournament. The Russian support for Morocco’s 2026 World Cup bid was made at a recent press conference at Russia’s Embassy in Rabat by member of the Russian […]

Finance Headlines Morocco

Morocco Receives Blacklist of Individuals Wanted for Terrorism Financing, Money Laundering

Morocco’s Financial Intelligence Processing Unit (Unité de traitement du renseignement financier/UTRF) has received an updated blacklist of individuals wanted for money laundering and terrorism financing. The list, which includes Moroccans, should be submitted to the Attorney General of the Rabat Court of Appeal, which has the exclusive right to decide on financial crimes related to […]

Americas Headlines International Libya

Libya: Pentagon Strikes Jihadists with Drone

The US Army launched this weekend a drone strike targeting jihadists in southern Libya. According to the US military’s Africa Command, the attack killed two militants belonging to Al Qaeda’s branch in northwestern Africa wherein mix of Al Qaeda and other extremist groups operate. These terror groups are also active in the Sahel region of […]

Headlines Morocco

Serbia & Luxemboug to Vote for Morocco’s 2026 World Cup Bid

President of the Serbian football federation Slavisa Kokeza said, following the friendly Morocco vs Serbia game, that his country will vote in favor of Morocco as host of the 2016 World Cup. Speaking following the game, which ended with a Moroccan win 2-1, Kokeza said that Morocco is well-placed and enjoys all the assets that […]