Business Egypt Emerging Markets Headlines Morocco

Morocco, Egypt review trade agreement

Morocco and Egypt are reviewing their free trade deals after Egyptian authorities-imposed restrictions on Morocco’s car exports. The news was confirmed by spokesman for the government Mustapha Baitas who said relations between the two countries were excellent but their trade agreement was being reviewed by trade officials. News outlets from the two countries mentioned that […]

Business Columns Emerging Markets Headlines Morocco

Moroccan households let out sigh of relief after Royal Eid Al Adha decision

The decision to forgo the rite of slaughtering on Eid Al Adha this year was welcomed by Moroccan households, mostly the poor and the middle class, who have been relieved of a financial burden that could jeopardize their finances amid rising prices. Moroccan media have spoken to random people in different streets expressing relief at […]

Americas Headlines International Morocco

Mexico: Speaker of Morocco House of Representative calls for respect of sovereignty & territorial integrity of countries

Speaker of the House of Representatives, Rachid Talbi Alami, has called on Mexico to work hand-in-hand with Morocco for a peaceful resolution of conflicts and the respect of sovereignty and territorial integrity of States for the sake of global peace and stability. In an address he made lately before Mexican lawmakers, Alami said the two […]

Emerging Markets Finance Headlines International Morocco

Morocco’s Attijariwafa Bank profit hits record $950 million in 2024

Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]

Columns Headlines Morocco

Morocco’s King asks citizens to abstain from performing rite of sheep slaughtering on Eid Al Adha

King Mohammed VI, in his capacity as Commander of the Faithful, asked Moroccans to abstain from performing the rite of slaughtering on Eid Al Adha this year in a context of “climatic and economic challenges.” In an address read on his behalf by Religious Affairs Minister Ahmed Taoufiq, the King highlighted the significance of Eid […]

Business Columns Emerging Markets Headlines Morocco

Morocco’s economic resilience earns UNCTAD recognition

Morocco has emerged as a model of economic resilience in Africa according to the latest United Nations Conference on Trade and Development (UNCTAD) report, which identifies the Kingdom as one of the continent’s least vulnerable economies to external shocks. The comprehensive assessment, reported by Les Inspirations Eco, highlights Morocco’s strategic investments in modern infrastructure that […]

Headlines Morocco

Moroccan Hospital Center successfully performs first tricuspid valve insufficiency surgery

A team of specialists at the Moulay Youssef Hospital Center in Rabat successfully performed on Tuesday the first-ever surgical procedure to treat tricuspid valve insufficiency. This complex operation, which lasted nearly five hours, was supervised by Professor Mohamed Laaroussi, head of the cardiac surgery department at the Ibn Sina University Hospital in Rabat, in collaboration […]

Asia Business Emerging Markets Europe Headlines International Morocco

Morocco’s ONCF to buy 168 trains from France’s Alstom, Spain’s CAF and South Korea’s Hyundai Rotem

Morocco’s ONCF has chosen France’s Alstom, Spain’s CAF, and South Korea’s Hyundai Rotem as manufacturers of its tender to buy 168 trains, including high-speed, intercity and urban trains. The new trains will help ONCF renew its existing fleet and accommodate for traffic growth, the rail operator said in a statement. It also added that the […]

Africa Emerging Markets Headlines International Morocco

Cabo Verde reiterates steadfast support for Morocco’s territorial integrity, commends King’s Africa-oriented initiatives

Cabo Verde has reiterated, on Tuesday, its steadfast position in support of Morocco’s territorial integrity and sovereignty over its entire territory, including the Sahara region. The supportive stand was expressed by Minister of Foreign Affairs, José Filomeno de Carvalho Dias Monteiro, at a press briefing in Rabat following his meeting with his Moroccan peer Nasser […]

Americas Business Emerging Markets Headlines International Morocco

Morocco & Brazil join forces to develop innovative farming solutions to ensure food security

Morocco’s Mohammed VI Polytechnic University, OCP Group, and Brazil’s agriculture agency Embrapa have agreed to enhance cooperation in R&D to advance sustainable agriculture. Under the agreement sealed Monday, the three partners pledge to develop innovative solutions ensuring food security through the implementation of joint projects focusing on advanced agricultural technologies, training of researchers & students […]