Africa Finance Headlines Morocco

Automotive industry: Renault Unveils Ecosystem Project Worth over $1.0 Billion

King Mohammed VI launched Friday in Rabat a new structural project of car-manufacturer Renault group in Morocco called “Renault Ecosystem.” The project, meant to consolidate the positioning of the Moroccan automotive sector on the world chessboard, requires an investment of about $1.0 billion and will develop a global supply platform for the manufacturer. The sovereign […]

Africa Energy Headlines Morocco

Morocco Offshore Exploration: Italian Company Eni Steps In

Italian multinational oil and gas company Eni has sealed a Farm-Out Agreement with Chariot Oil & Gas, which enabled Eni to get operatorship and a 40 pc stake in the Rabat Deep Offshore exploration permits I-VI, Morocco’s offshore. The deal, which still needs approval of the Moroccan authorities, allows Eni to operate in an area […]

Headlines Morocco

Morocco-UN: Rabat Rejects Ban’s Regrets, Decries Unethical Behavior

Rabat has flatly rejected the regrets expressed earlier this week by the UN Secretary General Ban Ki-moon about what he called “a misunderstanding” about his use of the word occupation when referring to Morocco’s presence in the Sahara, and denounced the unethical behavior of the Un Secretariat General. The UN Chief’s inadmissible statements and behavior […]

Headlines Morocco

Morocco: Rabat Maintains Contacts with MINURSO Military Component, FM

Morocco is maintaining contacts with the military component of the MINURSO and remains committed to cooperation with this component in the framework of the mandate entrusted to him, said Foreign Minister Salaheddine Mezouar Thursday, explaining that Rabat’s recent decisions to remove the UN staff from the Moroccan Sahara are legitimate and proportionate to the UN […]

Headlines Morocco

John Kerry Tells Morocco’s King U.S. Position on Sahara “Unchanged”

US Secretary of State John Kerry has reaffirmed, in a phone talk with King Mohammed VI, that Washington’s standpoint on the Sahara issue remains unchanged. The Royal Office actually announced that King Mohammed VI has had on Wednesday talks over the phone with US Secretary of State John Kerry and that the talks mainly dealt […]

Headlines Morocco

UN-Morocco: UN Closes MINURSO Military Liaison Office in Dakhla at Rabat’s Request

The United Nations announced Tuesday it closed down, as requested by Morocco, the MINURSO military liaison office in Dakhla. The measure was part of Morocco’s retaliation against the UN Chief’s recent blunders. The UN also withdrew three military observers. According to UN spokesman Farhan Haq, Rabat gave a 72 hour deadline for the military observers […]

Headlines Morocco

Moroccan Sahara, a Matter of Life or Death, Prime Minister Benkirane

Morocco’s Premier Thursday reaffirmed Morocco’s historical and political attachment to the Moroccan Sahara saying that no one will ever snatch the territory from Morocco in reference to UN Chief’s recent designation of the territory as “occupied territory.” Speaking at the opening of a cabinet meeting in Rabat, Prime Minister Abdelilah Benkirane indicated that Morocco will […]

Headlines Morocco

Rabat Resumes Contacts with Brussels Raising Hope for Spat End

Morocco has decided to resume contacts with the European Union after having rebuffed European institutions following European Court ruling invalidating a farm deal signed with Rabat over Sahara issue. The move comes few days after the visit paid to Rabat by EU High Representative for Foreign Affairs Federica Mogherini. During this trip, Mogherini voiced the […]

Headlines Morocco

Morocco-UN: Rabat Starts Scaling Down Participation in MINURSO

Rabat started as of Wednesday implementing the measures it announced the previous day in response to the “outrageous behavior” and “inappropriate” remarks made lately by the UN Secretary-General Ban Ki-moon on the Sahara issue. Morocco which had decided to significantly scale down its participation in the civilian component of MINURSO, particularly in the political section, […]

Headlines Morocco

Morocco: Millions Took to the Streets to Protest Ban Ki-moon’s Remarks

Over three million Moroccans from all over the country and from all walks of life flocked to Rabat this Sunday March 13 to protest the UN Secretary General’s recent inappropriate remarks about the Sahara issue and to send out to the world the message that the Kingdom’s territorial integrity is sacred and that Moroccans shall […]