Business Europe Headlines International Morocco

French Le Piston to set up second air industry plant in Morocco

Le Piston, a French company manufacturing airplane and helicopter parts, will set up its second plant in Morocco for a total investment of €5 million, Moroccan media said. The plant will be built in Casablanca over 4000 square meters and will produce parts that range up to 1.20 meters, Le Piston President said. The new […]

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Morocco, Spain set to diversify their strategic partnership

Morocco and Spain are on way to further diversify their bilateral partnership with the signing of eleven cooperation agreements in different fields. The agreements were signed at a ceremony in Rabat chaired by King Mohammed VI, his Son Crown Prince Moulay Hassan and King Felipe VI of Spain, who arrived earlier in the afternoon on […]

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Spain & Morocco, an enduring partnership cemented by close economic ties

King Felipe VI of Spain and Queen Dona Letizia arrived this Wednesday in Rabat on a two-day official visit to Morocco at the invitation of King Mohammed VI. The Spanish guests were welcomed at the airport by the Moroccan Sovereign, who was accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and princesses Lalla […]

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European Parliament Adopts by Overwhelming Majority Morocco-EU Fisheries Agreement

The European Parliament adopted this Tuesday (Feb.12) by an overwhelming majority the Morocco-EU Fisheries Agreement. The accord and its protocol were adopted at a plenary session in Strasbourg by 415 votes in favor, 189 against and 49 abstentions. This vote, the last endorsement step at the European level, is the culmination of a process of […]

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Counterterrorism: Three French nationals arrested in Salé

Three French nationals, including one of Algerian origin, were arrested Monday (Feb. 11) in Salé, Rabat’s twin city, for their alleged involvement in the financing of terrorism and for links with fighters operating in Syria and Iraq. Investigations revealed that the suspects have forged close ties with fighters of the Islamic State terror group (ISIS), […]

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EBRD Lends €7.5 Mln to Tuyauto Gestamp Morocco

The European Bank for Reconstruction & Development (EBRD) is supporting Moroccan automotive sector with a €7.5 million loan to Tuyauto Gestamp Morocco, a greenfield joint venture producer of metal automotive parts owned by Gestamp Automocion (Spain) and Tuyauto (Morocco). The funds will finance the first phase of Tuyauto Gestamp Morocco’s operations in the welding and […]

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King of Spain & Spouse on official visit to Morocco this week

King Felipe VI of Spain and Queen Dona Letizia will pay an official visit to Morocco on February 13 and 14, at the invitation of King Mohammed VI, announced on Monday the Ministry of the Royal Household, Protocol and Chancellery in a statement. The two Sovereigns will hold official talks and will preside over the […]

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Spain hands to Morocco 106 year-old theatre In Tangier

Spain gave ownership of the 106 year-old theatro cervantes to Morocco after a long shutdown in return for its restoration. The theatre will be handed to Morocco following a decision of the Spanish government in return for maintaining the Spanish cultural character of the monument. Another condition includes the creation of a Spanish cultural center […]

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Croatia backs Morocco’s efforts to politically settle Sahara issue- FM

Croatia supports the “serious” and “credible” efforts undertaken by Morocco to find a political solution to the Sahara issue, Croatia’s vice prime minister and foreign minister Marija Pejcinovic Buric said. Croatia has the same position as the EU on the Sahara issue, she told press following talks in Rabat with foreign minister Nasser Bourita. She […]

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Morocco, France to step up military cooperation

The means to further reinforce military cooperation between Morocco and France were at the heart of a two-day visit paid recently by the Inspector General of the Royal Armed Forces Abdelfattah Louarak to Paris. During the visit, Louarak discussed with his French counterpart a host of issues including the upgrade of the F1 Mirage fighter […]