South Korea For Peaceful Solution To The Sahara Issue: Korean Senior MP
Rabat - Deputy Speaker of the National Assembly of South Korea Chung Ui-Hwa said on Tuesday that his country, which follows with great interest the Sahara issue, is in favor of a peaceful settlement to the conflict. The Korean official, who is on a visit to Morocco at...
Algerian foreign minister visits US
From global security to Algeria's upcoming elections, the Algerian and US chief diplomats discussed a wide range of issues. By Walid Ramzi for Magharebia in Algiers – 17/01/12 [AFP/Jewel Samad] Foreign Minister Mourad Medelci says Algeria is counting on foreign...
QNB Group signs agreement with Morocco-based UMB
The Peninsula DOHA: Qatar’s largest private lender Qatar National Bank (QNB) Group has signed a partnership agreement for the Morocco-based Union Marocaine des Banques (UMB), with plans to acquire a majority stake of its capital, said a statement of the group...
Govt Program Aims At 5.5% Growth: Official
Rabat - The government program aims to achieve a growth of the national economy of around 5.5%, said Minister Delegate in charge of General Affairs and Governance, Mohamed Najib Boulif. In a statement to the press shortly before the Cabinet Council, which met Tuesday...
Unemployment Rate Stands At 9.1% In Q3 Of 2011- Central Bank
Rabat - Unemployment rate posted a slight year on year increase of 0.1% reaching 9.1% at the end of the third quarter of 2011, Morocco’s central bank, Bank Al-Maghrib said. In rural areas, unemployment rate grew 0.3 points to stand at 4.1%, while in cities it dropped...
Marrakech Conference Calls For Creating Maghreb-U.S Council To Promote Investment In Region
Marrakech - Participants in the second annual US-Maghreb Conference on Entrepreneurship, held in Marrakech, called on Tuesday for the creation of a Maghreb-American Council for the Promotion of Investment in the region. The various speakers during the conference...
Governor Of South-Western Algeria Released In Libyan Territory
ALGIERS - The governor of Illizi (southwestern Algeria) Mohamed Laid Khelfi, abducted on Monday by three armed Algerians, has been released in Libyan territory, a source close to Algerain Interior Ministry told the press. The Libyan authorities have released Tuesday...
Govt Statement To Be Presented At Parliament Thursday
Rabat - The parliament will hold on Thursday at 11:00 GMT a plenary session to hear the government statement, which will be presented by the Prime Minister, said a statement of Speakers of both houses of parliament. “Pursuant to the provision of the Article 88 of the...
Next Informal Talks On The Sahara Due In Early February In Manhasset: U.N.
New York (U.N.) - The next informal talks on the Sahara will be held in early February in Manhasset (United States), said on Tuesday a U.N. source. “The next round of informal talks will be held in early February in the Greentree property in the suburbs of New York,”...
Morocco to promote Islamic finance
With an Islamist party in power, the future for sharia-compliant finance looks promising in Morocco. By Siham Ali for Magharebia in Rabat – 17/01/12 [Siham Ali] Bank Al-Maghrib Governor Abdellatif Jouahri says that Morocco is interested in promoting Islamic finance....