Algeria Europe Headlines International Maghreb Morocco

EU underlines need to preserve freedom of movement, cross-border trade in Guerguarat

The European Union (EU) on Sunday underlined the need to preserve the freedom of movement and cross-border trade in the area of Guerguarat, stressing the paramount importance of ensuring compliance with the Sahara ceasefire agreements. The EU’s position was expressed by High Representative for Foreign Affairs and Security Policy, Josep Borrell, during talks with the […]

Americas Business Europe Finance Headlines International Tunisia

US, EU to inject millions of euros into battered Tunisian tourism industry

The Unites States and the European Union have pledged to back Tunisia’s tourism industry severely affected by the covid-19 pandemic with a combined investment valued at more than €100 million. The US support will come from its development agency, USAID, which has pledged to mobilize between $30 million and $50 million for “Visit Tunisia” program […]

Africa Europe Headlines International

EU supports Nigerian Ngozi Okonjo-Iweala’s candidacy to World Trade Organization

The European Union has chosen its candidate to the helm of the World Trade Organization (WTO), the Nigerian Ngozi Okonjo-Iweala. The EU ambassador in Geneva has officially announced this choice on Tuesday, October 27.   Nigeria’s former Minister of Foreign Affairs and of Finance and former number two at the World Bank Ngozi Okonjo-Iweala would […]

Europe Headlines International Maghreb Morocco

Morocco hosts launch ceremony of labor migration & mobility project in North Africa

A regional project aimed at strengthening the migrant workers’ protection was launched Wednesday in Rabat in the presence of representatives of Moroccan government, ILO, IOM, EU and Germany. In his inaugural speech, Moroccan Minister Mohamed Amkraz highlighted the Kingdom’s migration & asylum strategy, which has opened up the local labor market to legal migrants, while […]

Business Europe Finance Headlines International Morocco

Morocco fails again to leave the EU’s tax haven grey list

Morocco has failed once again to get out of the EU’s tax haven grey list, although it took a number of measures and enacted new laws, the most recent of which is the reform of the tax system of the Casablanca Finance city.   According to the EU’s updated list released Tuesday October 6, Morocco […]

Europe Headlines International Morocco

Morocco & EU discuss cooperation prospects and strategic partnership

Ways of enhancing further cooperation ties between Morocco and the European Union within the frame of their strategic partnership were at center of a videoconference organized Friday by the Moroccan foreign ministry. EU’s Neighborhood Commissioner Oliver Varheli took part in this meeting along with a large Moroccan ministerial delegation representing the departments of foreign affairs; […]

Asia Business Europe Finance Headlines International Morocco

Morocco Gets €253 Mln Green Funding

Moroccan private sector will benefit from two green investments totaling €253 million provided by the European Bank for Reconstruction and Development (EBRD), the European Union (EU), the Green Climate Fund (GCF) and South Korea. Thanks to this financial support, local businesses will be able to acquire green technology and become more competitive, contributing thus to […]

Europe Headlines International Libya

Libya: EU lifts sanctions against HoR President Aqila Saleh, GNC President Nuri Abu-Sahmain

The European Union has lifted sanctions against head of the Libya’s divided House Representatives (HoR), Aqila Saleh, charged in 2016 of obstructing the operation of the UN-backed Government of National Accord (GNA), Libya Observer reports. The decision made on Monday also removed sanctions against General National Congress (GNC) President, Nuri Abu-Sahmain. “The foreign ministers have […]

Asia Europe Headlines International Libya

Turkey fumes over EU sanctions on maritime company accused of breaking UN Libya arm embargo

Turkey’s Foreign Ministry Monday slammed the European Union (EU) for imposing sanctions on a Turkish maritime company accused of shipping weapons to the UN-backed Government of Nations Accord (GNA) in violation of the UN arm embargo on the troubled oil-rich African country. “It has no value in our sight to add our maritime company to […]

Europe Finance Headlines International Morocco

EIB lends Morocco’s Credit Agricole €200 mln

The European Investment Bank offered a €200 million loan to Morocco’s Credit Agricole to support funding for agricultural f projects. The loan aims to promote bio-agriculture and support the agriculture ministry’s “Green Generation 2020,” the two banks said in a statement. The new financing will benefit agriculture supply chains including production, storage, logistics, packaging, transformation […]