Headlines Morocco

MedCOP Climate Calls for Collective Mobilization to Fight Climate Change

The second Conference of Parties of the Countries Bordering the Mediterranean on Climate Change (MedCOP Climate 2016) held in Tangiers July 18-19 called for a collective mobilization to fight climate change and stressed the need to implement appropriate actions adapted to the specificities of Mediterranean territories. The final document adopted by the conference, meant to […]

Uncategorized

Twenty-Eight African Nations Contest SADR Membership in African Union

The days of the self-proclaimed SADR as a member of the African Union seem to be counted after 28 African countries called for suspending the membership of the Algerian-based republic from all the bodies and activities of the African Union. This came in a motion submitted by the 28 African nations to the President of […]

Headlines Morocco

King Mohammed VI: Morocco Wishes to Return to African Union if Legality Restored

Morocco expressed willingness to return to the African Union and to regain its place within its institutional family if legality is restored and mistakes are corrected. The wish was expressed by King Mohammed VI in a message he sent Sunday to the 27th Summit of the African Union, held in the Rwandan capital, Kigali, confirming […]

Headlines Morocco Uncategorized

Morocco to Build Phosphates Factory in Nigeria

Morocco’s state-owned phosphates company, OCP, will build a fertilizers’ production plant in Africa’s most populous country, Nigeria, several Nigerian news outlets reported after a visit to Abuja by Nasser Bourita, Minister Delegate to the Minister of Foreign Affairs and Cooperation. The new plant will help Abuja boost its agricultural sector with a potential for exports […]

Energy Headlines Morocco

Converting Debt to Shares, a Possible Scenario to Save Morocco’s Sole refinery

Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move that entails giving creditors a say in the board of trustees, Moroccan media reported on July 11. After an appeals court in Casablanca upheld a ruling placing the refinery into […]

Headlines Morocco

Morocco Opens Africa’s Longest Cable Stayed Bridge

Africa’s longest cable stayed bridge was opened to traffic in Morocco following an inauguration ceremony chaired by King Mohammed VI. The Chinese-bridge is part of a 45 highway bypass that was completed for a total cost of 3.2 billion dirhams ($0.32 billion) thus bringing Morocco’s highways up to 1630km. Named after King Mohammed VI, the […]

Headlines Morocco

Morocco: First Islamic Banks to Open Doors in 2017

Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]

Headlines Morocco

Africa Morocco Link, New Ferry Company to Enhance Morocco’s Connectivity

A new Moroccan ferry company has been set up to enhance the North African country’s maritime connectivity with neighboring European countries. This initiative has been highly commended by tourism professionals and businessmen. Dubbed “Africa Morocco Link,” the company was established by BMCE Bank of Africa, a leading Moroccan and African banking group and Greek Attica, […]

Headlines Morocco

Morocco, Portugal Determined to Lift Cooperation to Higher Levels

Portuguese president Marcelo Rebelo de Sousa starts this Monday a visit to Morocco at the invitation of King Mohammed VI to give a new momentum to the thriving cooperation between the two countries. During this visit, first of its kind to an Arab country, the Portuguese Head of State will meet the Moroccan Sovereign who […]

Headlines Libya

Libya: GNA Holds First Official Cabinet Meeting

The United Nations-sponsored Libyan Government of National Accord (GNA) held Wednesday its first official cabinet meeting since it arrived in capital Tripoli late March. Prime Minister-designate Faiez Serraj chaired the meeting in his provisional offices located in a naval base. The meeting was attended by Serraj’s two deputies, Ahmed Maetig and Fathi Majbri, and 16 […]