Asia Headlines International Morocco

Morocco explains its vote for a UN resolution asking Russia to leave Ukraine

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. […]

Asia Egypt Finance Headlines 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 […]

Africa Headlines International

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 […]

Europe Headlines International Morocco

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 […]

Africa Americas Asia Columns Headlines International Maghreb Morocco Opinions

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 […]

Asia Headlines International Morocco

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 […]

Africa Community Finance International

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 […]

Asia Business Egypt International

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, […]

Africa Features Headlines International

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. […]

Business Columns Europe Finance Headlines International Morocco Opinions

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 […]