Business Emerging Markets Europe Headlines International Morocco

Ryanair targets 30 million passengers in Morocco by 2030

Ryanair plans to double its passenger traffic in Morocco to 30 million by 2030, leveraging its growing presence in the North African market ahead of the FIFA World Cup, a company executive said Wednesday. The Irish low-cost carrier is implementing an “ambitious growth strategy” to expand from its current 15 million passengers, said Elena Cabrera, […]

Africa Emerging Markets Europe Headlines International

Somalia, Turkey leaders reaffirm strategic partnership, bolstering Ankara’s foothold in Horn of Africa

Somali president Hassan Sheikh Mohamud and his Turkish counterpart Recep Tayyip Erdoğan met in Ankara this week to reaffirm their countries’ strategic partnership, focusing on enhanced security cooperation and deepening economic ties. The leaders discussed a range of initiatives aimed at bolstering infrastructure, trade, and humanitarian aid, emphasizing Turkey’s role as a critical partner in […]

Emerging Markets Europe Finance Headlines International Morocco

Morocco completes 2 bln euro-denominated oversubscribed bond sale

Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]

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Illegal migration: Morocco joins efforts with Canary Islands against people smuggling networks

The Spanish Guardia Civil in Las Palmas and the regional command of the Royal Gendarmerie in Laâyoune have begun joint patrolling operations in the Canary Islands to combat migrant smuggling by criminal networks, according to press reports. The move shows strong ties and coordination between Morocco and Spain in countering shared security threats. The primary […]

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French ex-president faces 10 years in prison over alleged Libyan campaign financing

Former French president Nicolas Sarkozy is facing a potential 10-year prison sentence as his trial over alleged corruption linked to his 2007 presidential campaign continues in Paris. Sarkozy is accused of striking a “corruption pact” with the late Libyan leader Muammar Gaddafi, who allegedly funded Sarkozy’s campaign in exchange for political favors. The prosecution argues […]

Business Emerging Markets Europe Headlines International Morocco

Morocco-Spain ties experience best era ever- Spanish FM

Morocco and Spain have created the best climate ever for the development of their bilateral ties, Spanish foreign minister José Manuel Albares said. The two countries are reaping the benefits of the momentum launched by the joint declaration of 2022, signed by King Mohammed VI and Prime Minister Pedro Sánchez, Albares recalled at the Spanish […]

Europe Headlines International Morocco

Morocco’s human rights achievements highlighted in London

Morocco’s progress in consolidating the rule of law and promoting human rights was highlighted on Monday at a roundtable discussion in London’s Westminster Parliament. The event, which was attended by members of both Houses of the British Parliament, diplomats, and representatives of the Moroccan and Arab communities in the UK, focused on the issue of […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, a key market with great potential, Airbus official says

Airbus’s Executive Vice President International, Wouter Van Wersch, described Morocco as a key market for the aircraft manufacturer, citing its “enormous” growth potential. “The Kingdom is a key country for Airbus. We have long-lasting relations and we aim to continue expanding our bilateral ties. It’s very important to us,” Wersch told MAP in an interview, […]

Europe Headlines International Morocco

French national of Malian origin on international arrest warrant nabbed in Tangier

Officers from the Tangier Police Prefecture, in coordination with the General Directorate for Territorial Surveillance, on Tuesday apprehended a French national of Malian origin, residing illegally in Morocco. The individual was subject of an international arrest warrant issued by the French authorities, according to a security source. The 40-year old suspect was arrested in a […]

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DP World appoints Mota-Engil to develop DRC’s first deep-water Banana Port

DP World has appointed Portuguese construction giant Mota-Engil to oversee the development of the Banana Port, the Democratic Republic of Congo’s (DRC) first deep-water maritime gateway. Located in Kongo Central province along the Atlantic coast, the port is expected to revolutionize trade in the DRC and strengthen regional economic networks. Banana Port, one of Africa’s […]