Business Emerging Markets Europe Headlines International Morocco

Business Climate: Morocco among top five best performing countries (EIU)

Morocco ranks among the top five countries that have most improved their business environment over the past two decades, according to the Economist Intelligence Unit (EIU) index. Between 2003 and 2023, Morocco ranked fourth out of 82 countries that managed to significantly improve their business climate, according to the ranking published by the EIU in […]

Europe Headlines International Morocco

Morocco’s presidency of HRC 57th session ends after adoption of 37 major resolutions

The 57th regular session of the United Nations Human Rights Council, held under the chairmanship of Morocco, concluded on Friday, oct.11. The session was marked by the adoption of 37 resolutions—ten of which were voted on—and one decision. On the final day of the session, Ambassador Omar Zniber, Morocco’s Permanent Representative to the UN Office […]

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Sahara: King Mohammed VI thanks French President for his support for Morocco

King Mohammed VI has thanked French President Emmanuel Macron for his crystal-clear support for Morocco’s sovereignty over its Sahara and for his backing to the autonomy plan as the only basis for a reaching solution to the Sahara regional dispute. In July, President Emmanuel Macron backed, in a letter to King Mohammed VI, Morocco’s sovereignty […]

Europe Finance Headlines International Morocco

EIB pledges €1 Bln support for Morocco’s post earthquake reconstruction

The European Investment Bank has pledged to lend Morocco €1 billion over the next three years to support the country’s efforts to rebuild the public infrastructures affected by the powerful & deadly earthquake that hit Al Haouz region on Sept.08, 2023. The first tranche of the loan (€ 500 million) was signed lately in Rabat […]

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Morocco’s King welcomes growing international support for Moroccan sovereignty over the Sahara

King Mohammed VI highlighted the positive momentum in the Sahara issue with the growing support for the Kingdom’s sovereignty over the territory and its autonomy plan. In a speech on the opening of the Fall session of the parliament, King Mohammed VI,  who was accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, […]

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Morocco extends with Russia fisheries accord that covers Sahara, sending strong message to EU & Polisario Supporters

The four-year fisheries accord sealed between Morocco and Russia covers the Sahara territorial waters. The deal, which will expire on October 31, has been extended till end of 2024. Talks have been launched by the two countries for the renewal of the agreement for another four years starting 2025. Morocco affirms that it will never […]

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Algeria wages a trade war it can’t win on France

Oil and gas dependent Algeria launched the first episode of its trade war against France by banning imports of French wheat. The decision comes amid worsening ties between Paris and Algiers. The Algerian military-held state criticizes France for its sovereign decision to back Morocco’s sovereignty over the Sahara. In 2023, the bulk of Algeria’s exports […]

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ITA Airways prepares to resume flights to Libya

Andrea Benassi, Director of Italy’s ITA Airways, announced, ongoing arrangements between the Libyan Civil Aviation Authority and its Italian counterpart for the resumption of ITA Airways flights to Libya, though he did not specify an exact date for the restart. The announcement was made during a meeting between Libya’s Minister of Transport in the Government […]

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EIB plans greater involvement in financing development projects in Morocco

The European Investment Bank (EIB) is seeking to deepen its involvement in financing key development initiatives in Morocco, aligned with the country’s economic and social priorities. The remarks were made by EIB Vice-President Ioannis Tsakiris on Thursday in Rabat during talks with Minister of Economy and Finance Nadia Fettah. The EIB official reiterated the Bank’s […]

Europe Headlines International Morocco

Canary Island seeks closer ties with Morocco

Head of the autonomous Canary Islands region, Fernando Clavijo, said his government subscribes to the declaration of April 2022, which ushers a new era in Moroccan-Spanish ties. The declaration set the path for a new era in Spanish-Moroccan relations with the recognition of the autonomy plan under Moroccan sovereignty as “the solution” to the regional […]