Europe Headlines International Morocco

Moroccan police contribute to Paris Olympics security effort

Thanks to its long experience in thwarting terrorist attacks, a Moroccan police delegation has arrived in Paris to participate in securing the Olympic Games. French authorities have asked for the help of the Moroccan police to secure the global sporting event. An agreement has been signed in this regard during the visit to Paris by […]

Emerging Markets Headlines Morocco

Morocco’s planning agency revises downward 2024 growth due to drought

Morocco’s planning agency HCP said drought would ditch this year’s growth rate to 3% from an earlier estimate of 3.4%. The rate is almost similar to that of the IMF, which expected the economy to grow 3.1% this year. HCP expects the economy to recover to 3.4% in 2025, on the hypothesis of a close […]

Business Emerging Markets Headlines Morocco

Morocco’s economy proves resilient despite various obstacles, World Bank Says

Moroccan economy has shown resilience and has accelerated, with real output increasing by 3.4 percent in 2023, according to the World Bank’s latest economic monitor for the country. “Despite various obstacles, including a slowdown in the global economy, an inflation shock, and the Al Haouz earthquake, Moroccan economy has shown resilience and has accelerated with […]

Asia Business Emerging Markets Headlines International Morocco

Morocco, Japan poised to bolster sea fisheries, aquaculture cooperation

Morocco and Japan have expressed their shared will to bolster their cooperation in sea fisheries and aquaculture. During the 38th Morocco-Japan Annual Fisheries Consultation, held this week in Rabat, the two parties have expressed their commitment to contribute to the sustainable management of fisheries resources, the Ministry of Agriculture & Fisheries, said in a press […]

Africa Headlines International Morocco

Morocco’s King voices resolve to continue working with Rwandan president to reinforce fruitful bilateral cooperation

King Mohammed VI has voiced his firm resolve to continue working with Paul Kagame, who has been re-elected President of Rwanda for a new term, to strengthen the fraternal relations rooted in mutual esteem between the two countries. In a message of congratulations to Paul Kagame on his re-election, the King vowed to reinforce the […]

Asia Headlines International Morocco

Morocco condemns the shooting near a mosque in Oman’s capital Muscat

Morocco expressed on Wednesday its condemnation of the shooting near a mosque in Wadi al-Kabir district in the Omani capital Muscat, which resulted in several deaths and injuries. The Kingdom reaffirms its solidarity with the brotherly Sultanate of Oman in all measures taken to preserve its security and stability, as well as the safety of […]

Africa Headlines International Maghreb Morocco

Malawi says Morocco’s Autonomy Plan, the ONLY credible, serious, realistic solution to Sahara issue

Malawi has reiterated firm support for Morocco’s autonomy plan offered for the Sahara under its sovereignty, saying the Moroccan plan is the ONLY credible, serious and realistic solution to the Sahara regional conflict. The supportive stand was voiced by Mrs. Nancy Tembo, the Foreign Minister of this African country, following her talks held Tuesday in […]

Africa Headlines International Maghreb Morocco

Guinea-Bissau reaffirms support for Morocco’s sovereignty over its Sahara & lauds Royal Atlantic Initiative

Guinea Bissau has reaffirmed steadfast support for Morocco’s sovereignty over its entire Saharan territory, expressing strong attachment to the UN exclusive frame-work for achieving a realistic, practical and lasting solution to the Sahara dispute. Speaking to journalists following talks held Tuesday in Laayoune with Moroccan Foreign minister Nasser Bourita on the sidelines of the 3rd […]

Emerging Markets Finance Headlines Morocco

Morocco offers construction aid to 95% of quake-hit households

The Moroccan government said it offered construction aid to 95% of the households whose homes were completely or partly destroyed in the violent earthquake that ravaged villages in the High Atlas Mountains in September 2023. So far, 56,000 families received financial aid to rebuild their houses for a total cost of 1.4 billion dirhams ($140 […]

Business Emerging Markets Energy Headlines International Morocco

ICSID rejects most Corral Holding’s claims in Samir refinery case

the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank rejected most of the claims of Corral Morocco Holding, owned by Saudi billionaire Al Amoudi in a case filed against the Moroccan government over the shut-down of Samir refinery. The arbitration institution ordered Morocco to pay just 6% of the total 2.7 […]