Latest Morocco News
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Information technology Morocco determined to protect personal data
Prime Minister Abbas El Fassi presided over the nomination of the members of the new National Commission for the Protection of Personal Data (CNDP). Ph. ...
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Tourism Morocco to achieve 9 million tourists minister
The Moroccan Kingdom is able to receive more than 9 million tourists by the end of the year 2010 despite the difficult global economic situation, said on Wednesday, Moroccan Tourism Minister Yassir ...
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Morocco-EU New phase in relations
This summit will contribute to enhancing the psychological perception, behaviours and vision of both parties' economic players, thereby laying the foundations for a new partnership culture. Thus, regular political dialogue between Moroccan and European heads of states and governments will be held alternately between the two sides of the Mediterranean. This summit represents a concrete ...
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Moroccan economy most dynamic in North Africa
The recently issued report underlines that Morocco's economy, which boasts promising potentials, is way ahead the economies of the North African region (Egypt, Libya, Tunisia and Algeria) thanks to the partnership between the kingdom and the EU.The report, published online by the German TV channel Deutsche Welle, puts Egypt and Tunisia second, and Algeria and Libya fourth and fifth ...
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Economy The crisis is far from over
The crisis is far from over. Contrary to what the international financial institutions have projected, mainly towards the end of 2009, recovery will not take place in the foreseeable ...
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Turkey supports Moroccos candidacy for non-permanent seat in UNSC
Turkish Deputy Prime Minister and Economy Minister, Ali Babacan, expressed his country's support to Morocco's candidacy for a non-permanent seat in the United Nations Security Council ...
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Harvest at 7.46 million tonnes
The government had earlier expected a crop of 8 million tonnes, down from 10 million last season, said Reuters' source, blaming bad weather for this fall.This situation seems to be the reason behind Morocco's decision last week to cancel customs duty on imports of soft wheat for over three months.In June, the government raised soft wheat imports tariffs by 90% to ...
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Some 136849 successful students
Success rate has reached 49.08% this year, an increase of 31.44% compared the previous academic year, said the Ministry of Education in a statement.A total of 51.6% of successful students are female, explained the ministry, adding that the number of independent candidates who obtained the baccalaureate this year reached 6809. In the first, regular, session, some 118,052 students earned high ...
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Morocco S. Korea agree to strengthen trade relations
The program, adopted at a meeting between Moroccan Foreign Trade Minister Abdellatif Maazouz and his South Korean counterpart Kim Jong-Hoon, aims at reinforcing commercial ties on a win-win basis. It is also meant to give new momentum to the Moroccan-Korean business council. The two sides agreed to hold joint conferences to bring the two countries' businessmen ...
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AMF grants Morocco MAD 2 billion
Morocco and the Arab Monetary Fund (AMF) signed on Tuesday in Rabat, a financing agreement of about MAD 2 billion for the development of the country's financial and banking ...
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Morocco and Spain sign partnership agreement
The two-year agreement mainly aims at providing social services and urgent medical assistance on behalf of children in difficult situations, especially in such cities as Tetouan, Oujda, Agadir and ...
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World Policy Conference to be held in Marrakech
This conference is dedicated to the discussion of problems related to global governance from different angles: global and regional, political (security), economic and financial.The agenda includes such subjects ...
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Former Attijariwafa Bank CEO sentenced to 15-year prison term
Casablanca's Court of Appeal sentenced on Wednesday Oudghiri Khalid, former Attijariwafa Bank CEO, to 15 years of prison and a fine of MAD 5,000 in absentia for complicity in forgery and ...
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Regional development key to overall development
The region is very important for the country's overall development, said ...
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Crisis in not over growth at 2.8 CMC
After the Ministry of Finance and the High Commission for Planning, it is the turn of Centre Marocain de Conjoncture to have its say. The diagnosis is clear: the crisis will continue in Morocco, and may even worsen, in 2010 with a growth rate not exceeding 2.8%, against 4.9% in 2009. These forecasts are revised down from what was announced a few months ago, mainly because of a change in some ...
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Gibraltar QROPS denial a waste of time and effort
HMRC is wasting time and effort by continuing to deny Gibraltar as an acceptable Qualifying Recognised Overseas Pension Schemes (QROPS) jurisdiction, says London & Colonial. The pension and investments specialist said the effort that HMRC is wasting on its delayed acceptance of the jurisdiction is to ‘no useful purpose’. ';I have had dealings with HMRC in various ...
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UN will not monitor human rights in Western Sahara
The US has backed down on its demand that UN peacekeepers in Moroccan-occupied Western Sahara also shall monitor the human rights situation after Moroccan sources threatened to scale down relations with ...
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Morocco inflation rises to 2.4 pct in April
food prices , the high planning authority said on Monday. Food prices rose 3 pct from a year earlier, while education costs fell 8.8 percent, the statement added without elaborating. On monthly basis, consumer price inflation was flat as food prices fell 0.1 percent while non-food inflation was 0.2 ...
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Morocco denies entry to EU delegation
Moroccan authorities today denied a delegation of four EU parliamentarians (MEPs) entry to the country. The MEPs were travelling to El Aiun, the administrative capital of the Moroccan-occupied territory Western Sahara, to study the human rights ...
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Morocco to get free trade access to Europe
The European Union (EU) and Morocco today announced the start-up of negotiations aiming at reaching a complete free trade agreement, according to EU President ...
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Morocco protesters encouraged by Kings speech
King Mohammed VI, with his speech announcing constitutional reforms, improved his ratings by the Moroccan pro-democracy movement. "It shows he is listening," say typical ...
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Morocco protests halted by police violence
Several Moroccan cities saw attempts to organise follow-up pro-democracy protests today brutally stopped by riot police. Organisers denounce "a climate of fear" in the ...
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White Rock moves home from Gibraltar to Malta
Aon subsidiary company White Rock, a group of insurance and reinsurance vehicles which holds operations in key domiciles including Gibraltar, Guernsey and Bermuda, has redomiciled White Rock Insurance PCC Ltd to Malta. The move enhances White Rock’s ability to meet its client demands, and will broaden its domicile options for Protected Cell activities, says Aon. White Rock did have ...
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Spanish workers in Gibraltar protest against pension conditions
The associations representing Spanish workers in Gibraltar staged a protest on 12 June campaigning for better pensions and social security benefits. Spanish workers in Gibraltar want the Spanish Government to change the law so that they get a similar pension benefit to what any other Spanish worker gets, when having worked all their life in Spain. They want benefits derived from their ...
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Investors fear Morocco riots
Foreign investors are shying away from Morocco as protests have turned violent. Moroccan stocks are falling, the tourist sector is seeing cancellations and investor groups discuss what to ...
Morocco Focus
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Morocco recieves aid as part of EU ties
Morocco has taken another step forward in its several years long pursuit of closer ties with the EU, receiving a vote of confidence from the continent’s organizing body in the form of aid, which will be used to pursue areas of development needed to modernize and reform the country.
Morocco is to receive Euro 580 million (roughly MAD 6 billion) from the European Union over the next four years, according to a joint agreement that was signed between Morocco and the EU recently, which it is hoped will provide the country with the means to further integrate itself with the European economy. Read more
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