Asia Finance Headlines International Morocco

Morocco’s Central Bank Signs Cooperation Deal with Dubai Financial Services Authority

Morocco’s Bank Al Maghrib (BAM) and Dubai Financial Services Authority (DFSA) have agreed on Wednesday in Rabat to strengthen cooperation in financial services and in enhancing investors’ confidence. Inked by Abdellatif Jouhari, Governor of Bank Al Maghrib, and Chief Executive of the DFSA, Bryan Stirewalt, the agreement provides for coordination and cooperation between the two […]

Asia Energy Europe Headlines International Morocco

Oil exploration: Qatar Petroleum gains foothold in the Tarfaya offshore area

Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]

Asia Headlines International Morocco

Moroccan, UAE Legislative Institutions poised to bolster their cooperation

The Legislative Institutions of Morocco and the United Arab Emirates are poised to bolster their cooperation in the legislative and parliamentary fields as stipulated in a memorandum of understanding they signed on Monday in Rabat. The MoU was signed during a meeting between a delegation of the Federal National Council, led by FNC Speaker Dr. […]

Asia Headlines International Morocco

Sahara: Arab Liberal Parties Support Autonomy Plan

The Arab Liberal Parties, members of the Arab Liberal Federation (ALF) and the Arab Youth Union for Freedom and Democracy (AYUFD), have reiterated their full support to Morocco’s territorial integrity and sovereignty over its southern provinces. In the final statement issued after their meeting convened lately in Marrakech, these parties renewed their backing to the […]

Africa Asia Finance Headlines International

UAE Khalifa Fund supports Togolese SMEs & SMIs with $15 million

The United Arab Emirates’ Khalifa Fund for Enterprise Development will support Togolese micro, small and medium-sized enterprises and industries with $15 million as part of the UAE’s efforts to support development programs in a number of friendly countries and also in a bid to enhance relations between the UAE and Togo. The $15 million agreement […]

Americas Asia Headlines International Morocco

Morocco repatriates 8 nationals from conflict zones in Syria; Washington lauds the move

Moroccan authorities announced Sunday the repatriation of eight Moroccans from war-torn Syria on “humanitarian grounds”, noting that this operation is part of Morocco’s contributions to international counterterrorism efforts. Immediately after the announcement, the United States has commended the repatriation move, describing the North African Kingdom as “a highly capable partner” in the Global Coalition to […]

Asia Business Headlines International Morocco

Qatar airways to launch Rabat-Doha air route

Qatar airways will launch a direct flight linking Doha to Rabat this year as part of an expansion plan in the Mediterranean region, the airlines director general Akbaar Al Baker said. The air route will be operational on May 29 with three flights per week on board a Boeing 787-8, he said. The Qatari airline […]

Asia Headlines International Morocco Portrait Profile

Morocco’s Najat Rochdi named Advisor to UN Special Envoy for Syria

The United Nations announced on Tuesday that Moroccan diplomat Najat Rochdi, who holds several humanitarian positions in the UN, has been appointed senior humanitarian advisor to the UN special envoy for Syria. The Special Envoy for Syria, Geir Pedersen, announced that Najat Rochdi has joined his team as Senior Humanitarian Advisor, replacing former advisor Jan […]

Asia Business Headlines International Morocco

Saudia to launch Jeddah-Marrakech route early June

Saudi Arabia’s national flagship carrier Saudia will from June 6 launch a new Jeddah-Marrakech route, its second destination in Morocco. The airline said in a statement it will run three weekly flights, Tuesdays, Thursdays and Saturdays from Jeddah to Marrakech. Passengers will travel onboard a Boeing 787 capable of flying 298 travelers. Saudia currently operates […]

Asia Headlines International Morocco

AIPU: Morocco Renews Full Support to Palestinian Cause

Morocco, under the leadership of King Mohammed VI, Chairman of the Al Quds Committee, supports all Arab efforts aimed at defending the Palestinian cause and establishing an independent Palestinian state with Al Quds Al-Sharif as its capital, said Speaker of the House of Representatives (lower house), Habib El Malki, in Amman. Taking the floor at […]