UPDATE 2-Morocco Cuts Benchmark Rate To 2.25 Percent To Boost Growth
Reuters By Aziz El Yaakoubi Morocco's central bank cut its benchmark interest rate on Tuesday to 2.25 percent from 2.5 percent, loosening monetary policy for the first time in more than a year to boost growth hit by one of the worst droughts in the past decade....
Could Harvesting Fog Help Solve The World’s Water Crisis?
The New Yorker by Pauls Toutonghi In the Moroccan desert, a series of black polymer nets can, in twenty-four hours, collect up to seventeen gallons of water—condensed fog from the nearby Atlantic—per square yard of netting. “There are few places where life is so...
Wikileaks: ‘Bouteflika Government Encouraged Algerian Terrorist Mokhtar Belmokhtar To Attack Moroccan Interests In Sahara’
StandardNewswire.com Contact: K.Drawi, 240-994-2476 WikiLeaks has recently released a confidential email sent by Sidney Blumenthal on January 17, 2013 to former US Secretary of State Hillary Clinton to inform her on the "LATEST FRENCH INTELLIGENCE REPORTS ON ALGERIAN...
Morocco Asks That U.N. Close Western Sahara Military Office
The New York Times by Rick Gladstone Morocco has asked the United Nations to close a military liaison office in Western Sahara, a spokesman for the organization said on Monday, an indication that an escalating dispute between the Moroccan authorities and...
En Route To Europe, Refugees Might Head To Morocco
DW Germany Author Andreas Gorzewski For refugees headed to Europe, the Aegean route is becoming less attractive. They could instead travel via Morocco, but experts don't expect the same number of migrants that have been heading to Italy and Greece. The stream of...
Veridos Wins Morocco Border Contract
Planet Biometrics The General Directorate for National Security (DGSN) for the Kingdom of Morocco, in accordance with the applicable regulations, has awarded German firm Veridos with the design and implementation of a national border control system at land border...
UPDATE 2-Court Puts Morocco Oil Refiner Samir Into Liquidation – Company Source, Media
Reuters by Aziz El Yaakoubi A Moroccan court has placed the country's only oil refiner Samir into liquidation and named an independent trustee, a company source and local media said on Monday. Samir has 10 days to lodge an appeal against the decision, business news...
Africa Urged To Emulate Morocco Energy Supply Model
Star Africa Posted by: APA The Secretary General of Morocco’s National Agency for Renewable Energy and Energy Efficiency, Sonia Mezzour has invited African countries to borrow a leaf from the Moroccan example regarding access to water and energy, to ensure an...
UPDATE 1-Output Rise, Cost Cuts Lift Morocco’s Managem 2015 Net Profit
Reuters by Aziz El Yaakoubi Morocco's biggest mining holding firm Managem reported a 13 percent rise in 2015 net profit due to higher production and cost cuts, which outweighed lower metals prices. Net profit attributable to shareholders was 205 million dirhams...
Morocco’s Managem 2015 Net Profit Rises 13 Pct
Reuters by Aziz El Yaakoubi Morocco's biggest mining holding Managem reported a 13 percent rise in net profit attributable to shareholders in 2015 to 205 million dirhams ($21.25 million). The increase came as higher output and cost cuts outweighed lower prices in the...