Africa Finance Headlines International Maghreb

North Africa’s economies to expand by 4.6% in 2023, green growth a priority — AfDB

North African countries are projected to see a slight increase in economic growth to 4.6% in 2023 and 4.4% in 2024, and should make green growth an urgent priority, according to the latest North Africa Economic Outlook report published by the African Development Bank (AfDB). In the report titled “Mobilizing Private-Sector Financing for Climate and […]

Americas Headlines International Morocco

Washington commends King Mohammed VI for his role in furthering regional stability, security, prosperity

The United States commended on Sunday King Mohammed VI’s role in furthering stability, security, and prosperity in the region. In a statement published by the State Department on the occasion of the 24th anniversary of the Sovereign’s accession to the throne, U.S Secretary of State, Antony Blinken extended, on behalf of the Government and citizens […]

Africa Headlines International Morocco

Morocco closely follows recent events in Niger, stresses importance of maintaining stability in this brotherly country

Morocco is closely following recent events in Niger and stresses the importance of maintaining the stability of this brotherly country. The remarks were made by Morocco’s Permanent Representative to the African Union and UNECA, Mohamed Arrouchi, at an urgent meeting of the AU Peace and Security Council (PSC) on the situation in Niger. Morocco trusts […]

Asia Columns Community Culture Features Headlines International Morocco

Morocco’s Bayt Mal Al-Quds Agency, Islamic Supreme Council of Al-Quds partner to promote education in Holy City

Rabat-based Bayt Mal Al-Quds Acharif Agency, a Moroccan charity focused on the development of the Al-Quds, and the Islamic Supreme Council of Al-Quds signed a cooperation agreement meant to support education in the holy city of Al Quds. The agreement, initialed by the Agency’s Programs and Projects Coordinator in Al-Quds, Ismail Ramli, and the Chairman […]

Americas Headlines International Morocco

President Biden hails US-Morocco strategic, enduring Partnership

US President Joe Biden has reaffirmed his country’s satisfaction with the evolving cooperation and strengthening ties with Morocco. Biden made his remarks in a message of congratulations to King Mohammed VI on the 24th anniversary of his accession to the Throne. In the message, President Biden conveyed his and the American people’s best wishes to […]

Africa Emerging Markets Finance Headlines International Morocco

AfDB approves $70 Million risk-sharing agreement with Morocco’s BCP to develop foreign trade

The African Development Bank (AfDB) has approved a $70 million risk-sharing agreement with Morocco’s Banque Centrale Populaire (BCP) to develop foreign trade. This agreement is the second with BCP and is part of a program entitled “50/50 risk-sharing agreement for Morocco’s Banque Centrale Populaire”. It takes place in a context of tightening capital adequacy and […]

Americas Headlines International Maghreb Morocco

Dominican Republic reiterates ‘absolute recognition’ of Moroccanness of Sahara, considers opening of Consulate in Dakhla

The Dominican Republic has reiterated its “absolute recognition of the Moroccanness of the Sahara”, and underlined that it “considers favorably” the opening of a Dominican consulate in the town of Dakhla. The Dominican Minister of External Relations, Roberto Alvarez, had sent a written message to his Moroccan peer in order to bring to the attention […]

Americas Business Columns Emerging Markets Headlines International Morocco

U.S. report lays out Morocco’s strategy to attract more foreign investors

Morocco seeks to transform itself into a regional business hub by leveraging its geographically strategic location, political stability, and world-class infrastructure to expand as a regional manufacturing and export base for international companies, says U.S. latest report on global investment climate. The North African Kingdom actively encourages and facilitates foreign investment, particularly in export sectors […]

Algeria Asia Columns Features Headlines International Morocco

Algiers accuses UAE of hostile acts without offering evidence

Algeria’s conspiracy theorists continue on a ridiculous trajectory taking aim this time at the UAE, whom they accused of hostile acts including supplying spy technology to Morocco and working together with Israel in the region. The Algerian military junta used Al khabar newspaper as a mouthpiece this time to spread the uncorroborated accusation against Abu […]

Asia Business Emerging Markets Headlines International Morocco

Morocco/Israel: Direct flights between Tel-Aviv & Essaouira in September

Israeli Arkia Airline Company will operate direct flights between Tel-Aviv and Essaouira starting next September under an agreement it signed Friday in Salé, near Rabat, with Moroccan National Tourist Office (ONMT). The new direct flight by Arkia Airlines will have a total capacity of 11,000 seats. Commenting the deal, ONMT Chief, Adel El Fakir, stressed […]