Finance Headlines Morocco

Morocco Receives Blacklist of Individuals Wanted for Terrorism Financing, Money Laundering

Morocco’s Financial Intelligence Processing Unit (Unité de traitement du renseignement financier/UTRF) has received an updated blacklist of individuals wanted for money laundering and terrorism financing. The list, which includes Moroccans, should be submitted to the Attorney General of the Rabat Court of Appeal, which has the exclusive right to decide on financial crimes related to […]

Americas Headlines International Libya

Libya: Pentagon Strikes Jihadists with Drone

The US Army launched this weekend a drone strike targeting jihadists in southern Libya. According to the US military’s Africa Command, the attack killed two militants belonging to Al Qaeda’s branch in northwestern Africa wherein mix of Al Qaeda and other extremist groups operate. These terror groups are also active in the Sahel region of […]

Headlines Morocco

Serbia & Luxemboug to Vote for Morocco’s 2026 World Cup Bid

President of the Serbian football federation Slavisa Kokeza said, following the friendly Morocco vs Serbia game, that his country will vote in favor of Morocco as host of the 2016 World Cup. Speaking following the game, which ended with a Moroccan win 2-1, Kokeza said that Morocco is well-placed and enjoys all the assets that […]

Europe Headlines International Morocco

Hostage Taker in Southern France is French not Moroccan

The frenzy in western media over the Moroccan origins of the hostage taker in a French supermarket Friday is indicative of a western penchant to seek scapegoats for their failed deradicalization and integration policies. This tendency to blame the domestic radicalization to an external factor such as the “Moroccan origin” denotes a striking failure to […]

Headlines Morocco

Morocco on Track to Meet Goal of Creating 500K Industry Jobs by 2020- Official

Morocco is steadily forging ahead with the goal of creating 500,000 jobs in the industrial sector by 2020 as part of the Industrial acceleration plan, said Industry minister Moulay Hafid El Alamy noting that 280,000 jobs have already been created between 2014 and 2017. He said at a press conference that the current pace would […]

Europe Headlines International Morocco

Morocco, One of Initial Priority Areas of EU CyberSouth Project

Morocco is one of the initial priority areas of CyberSouth, a joint cooperation project of the European Union (European Neighborhood Instrument) and the Council of Europe, meant to fight cyber crime in the European Union’s Southern Neighborhood. The CyberSouth Project that also involves Algeria, Jordan, Lebanon, and Tunisia, as initial priority areas, was officially launched […]

Europe Headlines International Morocco

King Mohammed VI Condemns in the Strongest Possible Terms “Abject Terrorist Act” in France

King Mohammed VI has condemned in the strongest possible terms the hostage-taking that took place Friday in a supermarket in Trèbes and the attacks that preceded it in Carcassonne, expressing his support and solidarity to French President Emmanuel Macron. In a message to President Emmanuel Macron, King Mohammed VI said he learnt with “strong emotion […]

Finance Headlines Mauritania

IMF: Mauritania Faces Challenges for Inclusive Growth despite Favorable Outlook

Mauritania’s economic outlook is favorable due to sustained commodity prices and ongoing economic policy efforts, but there are still considerable challenges for inclusive growth, said the International Monetary Fund. “The economic recovery continues, with growth estimated at 3-3½ percent in 2017 and 2018, and moderate inflation of 2.3 percent on average in 2017”, said IMF […]

Americas Finance Headlines International Morocco

Congress Approves US Aid to Cover all Moroccan Territory

The US Congress has approved the 2018 Appropriations Bill which- like its 2017 predecessor- allows Morocco to use US aid everywhere in the country, including in the Sahara. In doing so, US lawmakers renew their strong bipartisan support for a negotiated solution to the Sahara dispute, based on autonomy plan under Moroccan sovereignty, and encourage […]

Algeria Headlines

Algeria Adamant on Violating Migrants’ Rights

Algerian authorities have deported more than 27,000 Sub-Saharan migrants since 2015, in a move that is praised by the interior ministry and denounced by rights groups that see in Algeria’s crackdown on migrants and asylum seekers a violation of elementary rights. “We have already repatriated 27,000 illegal African migrants to their countries since 2015,” Algerian […]