Africa Business Headlines Morocco

Volkswagen Reportedly Chooses Morocco not Algiers

It seems that Morocco has won another battle against its neighbouring arch-rival Algeria, member of the OPEC cartel. After months of secret negotiations with the two countries, German automaker Volkswagen is believed to have finally picked Morocco to install its new plant following suit of French groups Renault and Peugeot-Citroen. According to sources close to […]

Headlines Morocco

“I want 3 Mln Euros,” says French journalist Eric Laurent to Give up His Book

“How much do you want to drop your book project on Morocco and monarchy?” asked the lawyer of King of Mohammed VI, addressing French journalist Eric Laurent. “I want three,” replied bluntly Laurent. “Three what ?- three thousand ?” asked the lawyer . “No, three million,” said Laurent. “Three million dirhams?” asked the lawyer “No, […]

Headlines Morocco

The Laurent-Graciet case, this is like being in a bad movie, French FM

French Foreign Minister Laurent Fabius likened Sunday the case of the two French journalists Eric Laurent and Catherine Graciet who attempted to blackmail Morocco and its King Mohammed VI to a bad movie. “This is like being in a bad movie,” Laurent Fabius said in a first response by a French official to the case […]

Europe

French Felon Journalists Indicted

The two French journalists Eric Laurent and Catherine Graciet have been indicted early Saturday by a paris investigating judge for attempted blackmail and extortion against the King of Morocco Mohammed VI. The case which sounded like a thunderclap in this late summer has been making the headlines since it broke out on Thursday when the […]

Columns Opinions

A Writer’s felony, or when a blackmailer’s multi-million-Euro scheme evaporates

The French writer and journalist Eric Laurent, well known in Morocco for his books on the Kingdom, some friendly, others less friendly, has been arrested on Thursday after he was caught red-handed in blackmail and extortion, reported the French RTL radio station on its website. Eric Laurent, author of “Memoires d’un Roi”, a book he […]

Headlines Morocco

Morocco-Benin: LEMO takes over Benin Water Company

The Moroccan Oulmès water company (LEMO) announced Wednesday it notched a deal with the Benin water company “Eau Techonologie Environnement” (ETE) becoming the main shareholder of ETE with 55%. The deal was signed on August 17 after LEMO clinched 55% shareholding from Cauris Croissance Fund (45.74%) and Christian Mondjanagni (9.26%) founder and shareholder at ETE. […]

Europe Headlines Morocco

Morocco-Spain: Moroccan and Spanish Security forces dismantle ISIS-recruitment cells

Moroccan and Spanish authorities announced Tuesday that joint coordinated anti-terrorism operations enabled to disintegrate ISIS recruitment cells operating in Morocco and Spain. The operations led to the arrest of 14 suspects, 13 in Morocco and one in Spain. “The Central Bureau of Judicial Investigations (BCIJ) dismantled Tuesday, in coordination with the Spanish security services, a […]

Headlines Morocco

France-Morocco: Arrest of gangster on the lam translates excellent security cooperation

The arrest over the weekend in Morocco of a gangster who was on the lam after he was involved in an armed robbery case dating back to July 31, 2013 in Cannes, a city located on the French Riviera, translates the excellent cooperation and partnership existing between France and Morocco in security matters. Nabil Ibelati, […]

Headlines Libya

Libya: Cabinet denies PM resignation

A Libyan official denied Wednesday that Prime Minister Abdullah al-Thinni had officially resigned from his position. Abdullah al-Thinni, the internationally recognized Libyan Premier surprisingly offered to resign in a televised debate on Tuesday as the political protagonists of the Libyan crisis were meeting in Geneva in the framework of a new UN round of talks […]