Business Europe Headlines International Maghreb Morocco

Ireland, France top foreign investors in Morocco in 2018

The main source of foreign direct investment in Morocco in 2018 was Ireland, which accounted for 30% of FDIs flows, according to preliminary figures released by the Office des Changes. Thus, out of a total of 34.16 billion Dirhams, Ireland injected in Morocco 9.68 billion Dirhams (+ 6 billion dirhams in one year). France took […]

Europe Headlines International Libya Maghreb

Libya: President Macron to meet with Haftar in a push for ceasefire

France Tuesday announced President Emmanuel Macron wants to meet with Khalifa Haftar whose eastern Libyan National Army has been fighting to control capital Tripoli, few days after UN-backed Government of National Accord (GNA) leader asked the French leader to press the rebel general to cease his offensive. Khalifa Haftar launched an offensive on Tripoli early […]

Europe Headlines International Morocco

Record Seizure of 11 Tons of Cannabis in France in Close Cooperation with Moroccan Police

French judicial authorities announced this Monday that security services had seized on Friday 11 tons of cannabis in the region of Besancon. The record-setting dismantling operation was possible thanks to massive support from Moroccan and Spanish investigation teams. France, Morocco, and Spain have cooperated on various criminal investigations, but the latest is the biggest operation […]

Headlines Libya Maghreb

Libya: GNA suspends operation licenses for 40 companies including French Total

UN-backed Government of National Accord (GNA) has suspended oil exploration and production licenses for around 40 foreign companies including French multinational Total. The decision confirmed by economy minister Ali Abdulaziz Issawi said the companies’ licenses expired. Total, aerospace company Thales and the telecoms company Alcatel are among firms to be affected by the move, which […]

Europe Headlines International Morocco

French fellow under international arrest warrant nabbed in Marrakech

Moroccan Police nabbed Saturday at the Marrakech-Menara International Airport a 58-year-old French national in execution of an international arrest warrant issued by a Swiss court. The French national has been sued for fraud and sentenced to a prison term in absentia, said Sunday the Directorate General of National Security (DGSN) in a statement. According to […]

Europe Headlines International Maghreb Morocco

Sahara: EU supports compromise-based political solution

The European Union reiterated on Thursday its support for the United Nations efforts to reach a just, lasting and mutually acceptable political solution to the Sahara issue, based on compromise . Commenting on Security Council Resolution 2468 on the Sahara adopted on April 30, an EU spokeswoman said “the EU supports the efforts of the […]

Europe Headlines International Maghreb Morocco

France Reiterates Support to Autonomy Plan as a “Serious, Credible Basis” for Negotiations on Sahara

The autonomy plan presented by Morocco is a “serious and credible basis” for negotiations aimed at reaching a final political solution to the Sahara issue, said France on Tuesday. “It is important for the four delegations (Morocco, Algeria, Mauritania and Polisario) to continue their discussions in a constructive spirit of compromise with a view to […]

Headlines Libya Maghreb Tunisia

Libya: NOC Chairman refuses to talk at Paris Oil conference in protest to France alleged support for Haftar

The Chairman of Libya’s National Oil Corporation (NOC) that manages the North African country’s oil resources has refused to make comments during an international oil conference in Paris, in protest to France’s support of warlord Khalifa Haftar, who has been waging on war on the UN-backed unity government in a move to control capital Tripoli. […]

Headlines Libya Maghreb

Libya: GNA accuses France of supporting Haftar; orders end to bilateral security cooperation

The interior minister of the Libyan UN-backed Government of National Accord (GNA) has accused France of backing renegade eastern warlord Khalifa Haftar, whose forces have launched an offensive to control Tripoli, and called for an end to security cooperation with the European Country. Fathi Bashagha Thursday asked his department to halt all forms of cooperation […]

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Morocco contributes to reconstruction of Notre-Dame cathedral

Morocco has decided to make a financial contribution to the reconstruction of Notre-Dame cathedral, the landmark Gothic monument in Paris, which caught fire last Monday evening. The announcement was made by Morocco’s ambassador to France Chakib Benmoussa at a meeting he held Thursday with Archbishop of Paris Michel Aupetit. The Ambassador informed the Archbishop of […]