Headlines Morocco

Casablanca Airport, Best Customer Service Provider in Africa

Airports Council International (ACI) World has granted Casablanca International Airport the 2017 Airport Service Quality (ASQ) Award in Africa, saying the Moroccan airport provides the best customer service in the continent. ASQ is the only worldwide program to survey passengers at the airport on their day of travel. The program measures passengers’ views of 34 […]

Finance Headlines Morocco

Moody’s Maintains Morocco’s BA1 Positive Ranking

Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]

Energy Headlines Morocco

SDX Confirms New Gas Discovery in North-Western Morocco

North Africa focused oil and gas company SDX Energy Inc announced that a gas discovery has been made at its SAH-2 well on the Sebou onshore permit in North-Western Morocco near the Atlantic city of Kenitra. The SAH-2 well was drilled to a total depth of 1,304 meters and encountered 5.2 meters of net conventional […]

Headlines Libya

Libya: LNA Sets March 17 as Deadline for African Forces to Leave

Khalifa Haftar’s so-called Libyan National Army (LNA) has set March 17 as a deadline for African forces to leave the Libyan territory on grounds that they play a mercenary role in the conflict opposing rival armed groups in the country. In the unexpected announcement made Thursday, the eastern-based army aligned to the House of Representatives […]

Africa Headlines International Morocco

Morocco, Mali Cement Bilateral Cooperation with Five New Agreements

Morocco and Mali signed five cooperation agreements covering transport, logistics and employment as the two countries continue to build on the momentum ushered by two Royal visits to Bamako in 2013 and 2014. The agreements were signed in Rabat Thursday at a ceremony co-chaired by Head of the Moroccan government, Saad Eddine El Othmani and […]

Columns Headlines International Opinions

Al Qaeda Resurrects from the Ruins of ISIS

The surge of terrorist attacks by Al Qaeda offshoots in the Sahel, Yemen, Libya and Afghanistan point to a frightening reality of a global terrorist group that has been dormant since the rise of ISIS in the Middle East. An alliance of terrorist groups loyal to Al Qaida hit Ouagadougou recently killing at least 8 […]

Africa Headlines International Morocco

Dakhla Readies to Host 4th Crans Montana Forum

The Sahara city of Dakhla and pearl of southern Morocco is readying to host the 4th edition of the Crans Montana Forum to attract this March 15-20 some 3,500 participants representing 162 countries and over 40 international and regional organizations from around the world. This annual event, become a must for all those who are […]

Africa Finance Headlines International Morocco

South Africa’s Sanlam Takes over Morocco’s SAHAM Insurance Business in Africa for $1.05 bln

ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]

Headlines Tunisia

Fears of Uncontrollable Inflation Haunt Tunisia as Trade Deficit Deepens

Tunisia’s economic indicators are “frightening” as the country is unable to defend its currency “even if it wanted to,” and must instead focus on narrowing its trade deficit to revive the economy, Central Bank Governor Marouane El Abassi said. The statement reflects the depth of the country’s economic and financial crisis after the Central Bank […]

Asia Business Headlines International

IT Spending in MENA Region to hit $155 billion in 2018

IT spending in the Middle East and North Africa (MENA) is projected to boom to $155 billion in 2018, growing 3.4 % from last year, US consultancy Gartner Inc. said. The consultancy said at its annual three-day Symposium ITXPO that spending on software is expected to grow 12.7% in 2018, compared to 10.9% growth in […]