Rabat – Morocco’s Ministry of Economy and the African Development Bank (AfDB) signed on Monday a grant agreement of nearly $1 million. The grant seeks to help support Morocco’s efforts to improve its business climate. A related aim is to st...

Rabat – The Spanish judiciary has summoned the leader of the Polisario Front, Brahim Ghali, who is undergoing medical treatment in the San Pedro Hospital in La Rioja in Spain.  Citing official sources, Spanish outlet La Razon reported earlier ...

Rabat – The South African insurance giant, the Sanlam Group, has just announced its acquisition of a 22.8% stake of Saham Assurance Maroc, for a price of $137.1 million (MAD 1.2 billion). The acquisition comes after Sanlam announced its move to...

Rabat – China launched a Long March-5B Y2 rocket on Wednesday, April 28 and debris from the rocket may impact Earth as the rocket is currently in an uncontrolled orbit.  The rocket carried the first module for China’s new space station which...

Rabat – Morocco’s Minister of Foreign Affairs Nasser Bourita held today a virtual meeting with his Finnish counterpart Pekka Haavisto.  The two officials extolled cooperation between Morocco and Finland, renewing the two countries’ det...

Rabat – In an interview, Managing Director of Morocco-based Nigeria OCP Mohamed Hettiti spoke about the unique partnership between Morocco and Nigeria that will secure both countries as leaders in fertilizer production.   Hettiti noted the sy...

Rabat – The European Union (EU) is planning to revive the tourism sector by easing travel restrictions for vaccinated foreign citizens. On Monday, the European Commission called for easing travel restrictions for foreign citizens who have recei...

Rabat – Tunisian airline Tunisair scheduled a special flight for May 9 to repatriate Tunisians stranded in Morocco. The flight will take off from Airport Mohammed V airport in Casablanca at 11:30 p.m. on May 9, Tunisia’s Press Agency has repo...

Rabat – The High Commission for Planning (HCP) has reported a 2 percent increase (10.5% to 12.5%) in the unemployment rate in Morocco between the first quarter of 2020 compared to 2021.  Both rural areas and cities saw a rise in unemployment ...

Rabat – Last week, April 22-28, the Moroccan dirham (MAD) depreciated by 0.27% against the euro but appreciated 0.25% against the US dollar, stated BAM’s weekly indicators bulletin.  The official foreign reserve assets in Morocco reached MAD...