Asia Headlines International Morocco

Qatar Reaffirms Support for Morocco’s Sovereignty over the Sahara

Qatar has reaffirmed its support to Morocco’s sovereignty over the Sahara and underscored that any settlement of the regional dispute over the territory needs to respect the North African country’s sovereignty and territorial integrity. This renewed support came in the joint statement issued Monday in Rabat at the end of the 7th session of the […]

Americas Headlines International Morocco

Chile’s New President Reiterates Support for Morocco’s Sovereignty over Sahara

Newly elected president of Chile Sebastián Piñera reaffirmed his country’s position in support of Morocco’s territorial integrity and sovereignty over the Sahara Speaking on the sidelines of his investiture ceremony to Speaker of Morocco’s Lower House Habib El Malki, Piñera stressed that supporting Morocco’s territorial integrity is an unwavering commitment in Chile’s foreign policy. Regarding […]

Headlines Morocco Portrait Profile

Akhannouch Tops Podium of Richest Men in Morocco

Aziz Akhannouch, Agriculture and Fisheries Minister and head of the RNI party, was ranked Morocco’s wealthiest man in Forbes 2018 ranking of World’s Billionaires. Akhannouch, the owner of Akwa group, with a total wealth of $2.2 billion came ahead of his countryman Othman Benjelloun, President of BMCE Bank with $1.7 billion. Akhannouch’s wealth came largely […]

Headlines Morocco

Australia Deems Morocco’s Autonomy Plan for Sahara ‘Good Initiative’

Australian diplomacy welcomed Morocco’s autonomy initiative for the Sahara as a “good initiative” reiterating support for the UN process to resolve the artificial dispute over the Kingdom’s territorial integrity. “The autonomy proposal is a good initiative,” said director of the department for North Africa and the Middle East at the Australian Foreign Ministry, Matthew Neuhaus, […]

Finance Headlines Morocco

Moody’s Maintains Morocco’s BA1 Positive Ranking

Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]

Energy Headlines Morocco

SDX Confirms New Gas Discovery in North-Western Morocco

North Africa focused oil and gas company SDX Energy Inc announced that a gas discovery has been made at its SAH-2 well on the Sebou onshore permit in North-Western Morocco near the Atlantic city of Kenitra. The SAH-2 well was drilled to a total depth of 1,304 meters and encountered 5.2 meters of net conventional […]

Africa Headlines International Morocco

Morocco, Mali Cement Bilateral Cooperation with Five New Agreements

Morocco and Mali signed five cooperation agreements covering transport, logistics and employment as the two countries continue to build on the momentum ushered by two Royal visits to Bamako in 2013 and 2014. The agreements were signed in Rabat Thursday at a ceremony co-chaired by Head of the Moroccan government, Saad Eddine El Othmani and […]

Africa Headlines International Morocco

Dakhla Readies to Host 4th Crans Montana Forum

The Sahara city of Dakhla and pearl of southern Morocco is readying to host the 4th edition of the Crans Montana Forum to attract this March 15-20 some 3,500 participants representing 162 countries and over 40 international and regional organizations from around the world. This annual event, become a must for all those who are […]

Africa Finance Headlines International Morocco

South Africa’s Sanlam Takes over Morocco’s SAHAM Insurance Business in Africa for $1.05 bln

ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]

Europe Headlines International Morocco

Lisbon Talks on Sahara were “Rich, Fruitful”, Says Foreign Minister

The bilateral talks held Tuesday in Lisbon between the UN Secretary-General’s personal envoy for the Sahara, Horst Kohler, and a Moroccan delegation, led by Foreign Minister Nasser Bourita, were “rich” and “fruitful”. The description was made by Nasser Bourita who pointed out that “overall, the discussions took place in an atmosphere of serenity and the debates […]