Europe Headlines International Morocco

Rabat & Helsinki agree to foster political dialogue & economic cooperation

Ways of enhancing political dialogue and cooperation prospects in green economy were at the centre of virtual talks held Monday between Moroccan minister of foreign Affairs Nasser Bourita and his peer of Finland Pekka Haavisto. The two ministers praised the excellent Moroccan-Finnish relations and voiced their strong willingness to spare no efforts to consolidate them […]

Europe Headlines International Morocco

Latest developments in Sahara issue open new era for region -Head of Finnish Party

The latest positive developments in the Sahara issue and the MENA region open up a new era for regional cooperation and a promising prospect for peace, said Head of Finnish Christian Democrats Party Sari Essayeh. “Europe and Morocco are partners, bound by geography, culture, shared interests and history”, she added in a statement to Moroccan […]

Europe Headlines International Morocco

Morocco’s Migration Policy Receive Acclaim of European officials

Morocco’s steady efforts to promote legal migration and fight all sorts of criminal activities linked to illegal migration have earned it the support and respect in the European continent to an extent that Rabat has become a must-stop capital in all efforts to tackle migration in the Mediterranean. In a recent visit, Finnish Interior Minister […]

Columns Europe Headlines International Morocco Opinions

Intelligence Failure to Blame for Catalonia Terrorist Attack

In the wake of the terrorist attacks that shook Barcelona and Finland, several media outlets and self-proclaimed pundits took the easy way of putting the blame on Morocco, the country of origin of most of the radicalized youth, instead of lambasting the European laxism and intelligence failure. The desperate attempts at pushing the name of […]

Business Energy Headlines Morocco

Finland’s Wärtsilä to Install Power Plant in Morocco

The technology group Wärtsilä of Finland will supply a 22 MW baseload power plant to Morocco’s state utility (ONEE) under an engineering, procurement and construction (EPC) contract. The main evaluation criterion for the project was the levelized cost of energy (LCOE) during an operating period of 20 years. LCOE measures the operating period costs divided […]

Energy Finance Headlines Morocco

BMCE Bank of Africa Gets €35 Mln Loan for Energy Efficiency Projects

Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]

Business Headlines Morocco

Tourism Contribution in Morocco’s GDP Rose to 6.5% in 2015

The contribution of the tourism sector in Morocco’s GDP stood at 63.7 billion dirhams in 2015 compared to 61.9 billion dirhams in 2014, that is a 2.8% rise that brought the share of the sector in the overall GDP to 6.5%, the national statistics office (HCP) said. Prospects for growth in 2016 have been slightly […]

Business International

MENA to Spend Over $ 11 Billion on IT

North Africa and Middle East countries will spend $11.4 billion on information technology products and services in 2015, says US firm Gartner Inc. in its forecast. The MENA countries IT spending includes purchase of internal services, software, information technologies services, data centers, devices and telecom services. According to the Gartner forecast, telecom services, which include […]

Africa Headlines Morocco

Morocco among top innovative countries in North Africa

Morocco became Thursday the second North African country, after Tunisia, to introduce innovation into its development in 2015, ranking 78th out of 141 countries around the world. A report by World Intellectual Property Organisation, Cornell University and the European Institute Business Administration announced on Thursday that based on 2015 innovation index, Morocco has made tremendous […]

Americas Features Headlines Morocco

Morocco Integrate MIT “REAP” Program

Morocco has integrated the Regional Entrepreneurship Acceleration Program (REAP) designed by the Massachusetts Institute of Technology (MIT) as a capstone global initiative meant to help regions accelerate economic growth and job creation through innovation-driven entrepreneurship (IDE). Morocco is thus part of a short list that does not include more than six countries from all over […]