Morocco voted in favor of a UN General Assembly resolution last week breaking away with its previous abstentions. Moroccan foreign minister Nasser Bourita said the vote was in favor of the UN charter and in support of the territorial integrity of UN member states as well as in support of the peaceful resolution of conflicts. […]
International
Qatar, Egypt consider launching joint investment fund
Qatar and Egypt are studying possibilities to set a joint investment fund, Egyptian Minister of Planning Hala Al-Saeed told Bloomberg Tuesday following the signing of a set of agreements between the two countries to abolish double taxation aimed at boosting investments from the gas-rich Gulf state in Egypt. Saeed did not provide details about the […]
Nigeria’s opposition parties reject ruling party’s victory over irregularities
Nigeria’s two main opposition parties on Tuesday called for the cancellation of the country’s weekend presidential elections won by Ruling party candidate Bola Tinubu, on the grounds of “massive manipulations” of the results. The Nigerian federal electoral body, INEC, crowned Tinubu winner of Saturday presidential poll after partial count of the votes. Tinudu of All […]
Sahara: Austria considers Autonomy Plan as ‘Serious and Credible Contribution’ to UN-led Political Process
Austria considers the autonomy plan for the Sahara, presented by Morocco in 2007, as a “serious and credible contribution” to the UN-led political process and as a basis for a solution agreed upon by the parties. This came in the joint statement adopted at the end of the meeting, Tuesday in Rabat, between the Federal […]
Boston Herald: Iranian drones deployed in North Africa pose threat to Morocco
The Iranian drones, which are being deployed in North Africa, are posing a direct threat to Morocco, said American daily Boston Herald, noting that Moroccan diplomats are actively raising the issue with Western governments. In an Op-Ed published lately, columnist Llewellyn King said that the Mullah regime, in collusion with Algeria, is supplying the Polisario […]
Morocco reaffirms unwavering support to Palestinian cause
Moroccan government has reiterated its strong supportive stand to the Palestinian cause, the two-state solution and the establishment of a Palestinian state on the basis of the 1967 borders with East Al-Quds as its capital. Morocco’s “clear and constant” position has been expressed by Foreign Minister Nasser Bourita at a meeting held Monday in Rabat […]
Burkina Faso, AfDB ink financing agreements of six projects
Burkina Faso and the African Development Bank (AfDB) signed Monday 10 agreements for financing six projects in the West African country to the tune of $184 million. Aboubakar Nacanabo, the country’s finance and economy minister indicated that the first conventions will provide funds for Water and Sanitation Services Improvement for Resilience Building Project (PASEPA-2R), project […]
Egypt, Qatar ink agreement to eliminate double taxation on income
Qatar and Egypt signed Monday in Doha a deal to remove double taxation on income, and prevent tax invasion and avoidance, the Egyptian government announced in a statement. The agreement includes detailed provisions for the taxation rules and conditions by both countries, to prevent tax duplication, with respect to taxes on income from non-transferable assets, […]
South Africa still holds “neutral” stance on Ukraine war — minister
The meeting of financial chiefs of the Group of 20 (G20) leading economies held in Bengaluru, India, on 24-25 February 2023 failed to issue a proposed final communiqué in the face of Russian and Chinese objections, which has again brought into spotlight the self-proclaimed ‚neutrality’ of South Africa and many other countries on the continent. […]
What leaving FATF grey list means for Morocco
Morocco has taken measures to improve financial transparency and protect its economy against money laundering and terrorism financing, earning a well-deserved exit of the grey list of the Global financial crime watchdog Financial Action Task Force. The Moroccan government welcomed the FATF decision which will “positively impact the sovereign and local bank ratings in addition […]









