Asia Emerging Markets Headlines International Morocco

ASEAN Secretary General supports Morocco’s territorial integrity & commends royal initiative for Africa

Secretary General of the Association of Southeast Asian Nations (ASEAN), Kao Kim Hourn, has expressed steadfast support for Morocco’s territorial integrity and hailed the royal initiatives launched for Africa’s development and prosperity. The supportive stands come in a joint statement released Tuesday in Rabat following Kao’s meeting with Moroccan Foreign Minister Nasser Bourita. The two […]

Africa Headlines International Morocco

Malawi’s President sends message to King Mohammed VI

President of Malawi Lazarus Chakwera has addressed a message to King Mohammed VI. The message was handed over by the President’s special envoy Eisenhower Nduwa Mkaka at a meeting in Rabat Tuesday with Moroccan Foreign Minister Nasser Bourita. In a press briefing following the meeting, Nduwa Mkaka, a former Minister of Foreign Affairs, reaffirmed Malawi’s […]

Emerging Markets Finance Headlines Morocco

Morocco’s Central Bank Keeps Key Interest Rate Unchanged at 2.2 % & Expects 4.6 % Growth in 2025

Morocco’s Central Bank has decided to maintain the key interest rate unchanged at 2.25 percent due to deceleration in food prices and a slowdown of inflation from 2 % on average in the first quarter of this year to 0.7 % in April and 0.4 % in May. The decision was made by the Bank’s […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, Turkey pledge to rebalance trade ties

Morocco and Turkey have reaffirmed their commitment to strengthening economic ties by addressing long-standing concerns over trade imbalances. During the sixth session of the Joint Commission on the Free Trade Agreement (FTA), held in Ankara, both nations agreed to recalibrate their commercial relationship to ensure greater equity and mutual benefit, the two parties said in […]

Emerging Markets Finance Headlines Morocco

Morocco’s handicrafts sector amounts to 7% of GDP

The Moroccan handicraft sector, long rooted in tradition and cultural heritage, is undergoing a significant transformation as it asserts itself as a vital pillar of the national economy, representing 7% of GDP, Lahcen Saadi, Secretary of State in charge of Handicrafts and the Social and Solidarity Economy said. The sector now employs over 2.7 million […]

Community Emerging Markets Headlines Morocco

Morocco mobilizes massive transport capacity for summer ‘Marhaba’ operation

Morocco’s Transport Ministry has unveiled comprehensive measures to accommodate 7.5 million passengers and 2 million vehicles during the annual “Marhaba” operation, deploying 29 vessels across 13 maritime routes in coordination with multiple stakeholders. Transport Minister Abdessamad Kayouh, addressing Parliament on Monday, detailed the extensive mobilization including ships with weekly capacity for 500,000 passengers and 130,000 […]

Europe Headlines International Maghreb Morocco

France reaffirms, through cabinet member, support for Morocco’s sovereignty over its Sahara

France has reaffirmed, through the voice of Minister Delegate for Gender Equality and the Fight against Discrimination, Aurore Bergé, its steadfast position on the Moroccan Sahara, reiterating that the present and future of the Sahara “lie fully within the framework of Moroccan sovereignty.” “I wish to firmly reiterate the clear and unwavering position expressed by […]

Asia Headlines International Morocco

Morocco strongly condemns missile attack on Qatar

Morocco has strongly condemned the heinous missile attack that targeted the sovereignty and airspace of the sisterly State of Qatar. In a statement issued on Monday, the Ministry of Foreign Affairs expressed Morocco’s full solidarity with Qatar in the face of any act that could endanger its security or the safety of its citizens. Earlier […]

Africa Headlines International Morocco

President of Comoros sends message to King Mohammed VI

President of Comoros Azali Assoumani has sent a written message to King Mohammed VI, whose contents were not disclosed. The message was handed over by Comorian Foreign Minister Mbae Mohamed to Moroccan peer Nasser Bourita during a meeting held in Rabat this Monday. The two ministers discussed during the meeting several topics related to bilateral […]

Business Emerging Markets Europe Headlines International Morocco

Renault expands Morocco tech presence with Tétouan shore engineering hub

Renault Technology Morocco (RTMA) is establishing a new engineering center at Tétouan Shore, strengthening the French automaker’s technological footprint in Morocco as the kingdom emerges as a critical link in Renault’s global value chain. The research and development center will spearhead vehicle renewal and development projects for Renault Group while supporting Moroccan manufacturing operations. The […]