Europe Headlines International Morocco

Morocco sends Fire-fighting Plane to Battle Portugal’s Wildfire

Morocco sent a fire-fighting plane, Bombardier Canadair, of the Royal Armed Forces to Portugal to help extinguish an inferno that ravaged large swathes of forests north of Lisbon. Portugal’s worst forest fire broke out a week ago in the central municipality of Pedrógão Grande before spreading to neighboring areas including Góis, Pampilhosa da Serra and […]

Europe Headlines International Morocco

Morocco Recalls Ambassador to The Hague Over Drug Trafficker Extradition Row

Morocco recalled its ambassador to The Hague after Dutch authorities failed to extradite a drug dealer wanted by the Moroccan justice and allegedly accused of funding unrest in the northern Rif region. Morocco’s foreign ministry released a statement explaining that contacts have been made in recent days with Dutch authorities at the level of Heads […]

Americas Editorials Headlines International Opinions Tunisia

On Trump’s Shortsighted Decision to Cut Military Aid to Tunisia

Cutting US military aid to Tunisia is a “misguided and dangerous” decision representing a stark departure with the US President’s plan to “demolish and destroy” the Islamic State (ISIS), said Sarah Yerkes of the Carnegie Endowment for International Peace in an opinion piece on The Hill. The article criticizes Trump’s budget blueprint released on May […]

Finance Headlines Morocco

Gradual Dirham Float will not Lead to Devaluation- Central Bank

The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]

Algeria Headlines Morocco

Morocco Foils Separatist Plot at UN’s Special Committee on Decolonization

Morocco and its allies in the UN Special Committee on Decolonization succeeded in averting a plot by Algeria and Venezuela to confer the Polisario separatist entity the status of representative of the Sahara. Thanks to the vigilance of Morocco and its African, Caribbean, Asian and Pacific allies within the UN Committee, Algeria and Venezuela failed […]

Africa Headlines International Morocco

Moroccan Peacekeepers Repel Attack by Rebels in CAR

Members of the Moroccan contingent taking part in the UN peacekeeping mission in the Central African Republic, MINUSCA, have thwarted a violent attack by the Christian militias, known as the Anti-Balaka rebels, on Muslim civilians in the area of Bangasso. In a joint press briefing with the spokesperson for the MINUSCA, a Moroccan MINUSCA official […]

Africa Headlines International Morocco

Morocco Acquires Stakes in Development Bank of Central African States.

Morocco finalized an equity investment deal worth €10 billion with the Development Bank of Central African States, a move that further strengthens Morocco’s financial footprint on the continent. The deal was signed in Rabat this week by Morocco’s economy Minister Mohamed Boussaid and the vice president of the Development Bank of Central African States Zounguere […]

Business Finance Headlines Morocco

Morocco 1st Green Bond Gets €135 Mln International Financial Support

IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco. This is the first green bond issuance in foreign currency […]

Asia Headlines International Morocco

UNHCR Welcomes Morocco’s Decision to Admit Refugees Abandoned by Algeria

The UN Refugee Agency (UNHCR) welcomed Morocco’s decision to let in a group of Syrian refugees who were abandoned in the desert border by Algerian authorities since 17 April. “UNHCR welcomes the decision by the Kingdom of Morocco to admit a group of Syrian refugees stranded in difficult circumstances at the country’s border with Algeria,” […]

Headlines Morocco

Morocco Arrests Four Terrorists Loyal to IS in Essaouira

The Central Bureau of Judicial Investigations (BCIJ), an offshoot of Morocco’s domestic intelligence agency, arrested four members of a terrorist cell loyal to the Islamic State before they moved to action. The cell was dismantled in the Atlantic city of Essaouira, the interior ministry said in a statement, noting that the suspected terrorists are accused […]