Business

Agadir Enters a New Development Era

Agadir’s urban development program launched Tuesday at a ceremony held under the chairmanship of King Mohammed VI will propel the city in a new development era and consolidate its positioning as a regional economic hub.   The new 2020-2024 program, worth $622 million, is based on a participatory approach involving the various stakeholders in the […]

Business Columns Headlines Maghreb Morocco Opinions

King Mohammed VI Launches Urban Development Program to Transform Agadir into Attractive, Competitive Economic Hub

Joining word to action, King Mohammed VI supervised Tuesday the launch of an urban development program, meant to transform Agadir into an attractive and competitive economic hub.   The Monarch, who was accompanied by Crown Prince Moulay el Hassan, also presided over the signing of the framework-agreement on the urban development program of the city […]

Africa Headlines International Maghreb Morocco

Morocco’s King Grants Pardon to 201 African Inmates for Humanitarian Reasons

King Mohammed VI has granted pardon to 201 African inmates, who had been convicted by Moroccan courts for various offenses.   King Mohammed VI, Commander of the believers, granted an exceptional royal pardon to a group of 201 African inmates, condemned by the various Courts of the Kingdom, said the Ministry of Justice in a […]

Finance Headlines Maghreb Morocco

Financing of SMEs: Banks to Apply Lowest Interest Rates Ever

In implementation of King Mohammed VI’s instructions to make the banking system conducive to development and to lower the rate of interest on loans within the framework of the integrated program of support and financing of SMEs, it has been decided that the interest rate will not exceed 2%. In response to the wishes of […]

Asia Headlines International Maghreb Morocco

King Mohammed VI Orders Repatriation of Moroccan Nationals from Wuhan Province

King Mohammed VI chaired, Monday at the Royal Palace in Rabat, a working session devoted to the situation of Moroccan citizens in the Chinese province of Wuhan, quarantined by the Chinese authorities because of the coronavirus, and ordered their repatriation, said the Royal Office in a statement.   About one hundred Moroccan nationals, mainly students, […]

Finance Headlines Maghreb Morocco

Morocco’s King Spearheads Integrated Program Destined to Support & Finance Enterprises

King Mohammed VI presided, on Monday at the Royal Palace in Rabat, over a ceremony on an integrated program destined to support and finance enterprises. The ceremony was also marked by the signing of three agreements related to the program. King Mohammed VI is thus following up on the call he launched last October at […]

Asia Headlines International Maghreb Morocco

King of Morocco, King of Bahrain Hold Talks in Rabat

King Mohammed VI and King of Bahrain Hamad Bin Isa Al Khalifa held talks in Rabat Thursday. King Hamad is on a private visit to Morocco, reports MAP, without disclosing the contents of talks. On Wednesday, Bahraini Foreign minister Khalid bin Ahmed al-Khalifa held a meeting in Rabat with his Moroccan peer Nasser Bourita. He […]

Africa Headlines International Morocco

Equato-Guinean President Sends Message to King Mohammed VI

Equatorial Guinean Minister of Foreign Affairs Simeón Oyono Esono Angue is currently visiting Morocco, carrying a message from President Teodoro Obiang Nguema Mbasogo to King Mohammed VI. “I am carrying a message from H.E. Obiang Nguema Mbasogo to H.M. King Mohammed VI,” the Foreign Minister told the media after talks with his Moroccan peer Nasser […]

Europe Headlines International Libya Maghreb Morocco

King Mohammed VI, French President Underline Morocco’s Efforts to Resolve Libyan Crisis

King Mohammed VI received Saturday a phone call from French President Emmannuel Macron during which Morocco’s key role in brokering the Skhirate agreement between the Libyan warring factions was underlined.   During the phone talk, which took place on the eve of Berlin talks on Libya, Morocco’s steady efforts to reach a settlement of the […]