Asia Business Headlines International Morocco

New shipping lines boosted Morocco-Saudi Arabia trade Exchanges

The Jeddah port has contributed to enhancing commercial ties with Morocco and supporting Saudi exports through six new maritime lines and basic services that played a key role in increasing trade exchanges volume by 117 pc, reported Saudi news agency. This major stride, achieved thanks to the deal sealed by the Federation of Saudi Chambers […]

Business Headlines Morocco

Morocco well-placed to benefit from reconfiguration of global supply chains- specialized media

Morocco has bolstered its standing as a strategic business hub offering propitious conditions for industrial firms seeking to stabilize their supply chain after the recent upheavals induced by the Covid-19 pandemic and the war in Ukraine, wrote the Maritime Executive, an outlet specializing in global trade and logistics. “Morocco’s privileged location in the north of […]

Finance Headlines Morocco

Morocco: Imported inflation leaves little room for fiscal or monetary intervention

Morocco, like most energy importing countries, is facing the fallout of an imported inflation that sent up the prices of basic commodities in the international market. In July, prices rose to 7.7% year on year, according to the national statistics agency. The increase has been felt mostly in food prices and transport cost which rose […]

Headlines Morocco

Ukraine National Day: Morocco’s King sends message of peace

King Mohammed VI sent a message of congratulations to President of Ukraine Volodymyr Zelensky on the occasion of his country’s Independence Day. In this message, the Sovereign offered best wishes to the Ukrainian people for peace and prosperity “in an environment of security, unity and stability.” The King hailed on this occasion the excellent relations […]

Columns Europe Headlines International Morocco

Moroccan-French ties need a fresh revamp

Since the visit by French President Emmanuel Macron to Morocco in Nov. 2018 to launch a high-speed train not much has been achieved in political ties between the two countries, leading analysts to argue that the current form of bilateral ties has hit the limit. France remains the first investor in Morocco with French automotive […]

Headlines Tunisia

Tunisia: Japan’s space agency engineers detained at Carthage airport for possessing satellite blueprint

Tunisian customs detained Tuesday for several hours a group of Japanese space engineers upon arrival at Carthage international airport in possession of a satellite blueprint mistakenly taken for a spying device, reports say. The engineers, according to Tunisian Space Association, were interrogated for two hours and they were only released following the intervention of the […]

Algeria Business Europe Headlines International

TotalEnergies abandons Algeria project for bureaucracy problems

French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The news was relayed by Africa Intelligence news outlet on the eve of a visit by French President Emmanuel Macron to the country. The French firm has sealed a deal wih […]

Europe Headlines International Morocco

Moroccan consumers’ rights watchdog urges France to refund rejected visa applicants

The number of rejected visas by the French consular services in Morocco has surged in recent months after France’s decision to slash the number of entry permits granted to Moroccans, Tunisians and Algerians, a move that propelled Morocco’s National Federation of Consumer Rights to intervene demanding compensations for rejected applications. According to French media, visas […]

Headlines Libya

Libya: Haftar’s army announces downing of drone armed with two missiles in Benghazi

The Libyan Armed Forces, led by eastern military leader Khalifa Haftar, announced Monday having brought down on the outskirt of Benghazi a drone armed with two missiles. The Director of the Moral Guidance Department of the self-style army General Command, Major General Khaled al-Mahjoub, in Facebook post, said that air defenses targeted and downed an […]

Asia Business International Tunisia

Japan establishes committee to assist investors in Tunisia

The Japanese ambassador to Tunisia Monday announced the launch of a committee tasked to boost investments and assist Japanese investors in overcoming challenges, mainly administrative red tape. Shinsuke Shimizu made the announcement during a press conference at the chamber of commerce of the North African country, in the build up to the 8th Tokyo International […]