Morocco’s Islamist Party Has Just Made Another Major Breakthrough
The Washington Post Morocco Prime Minister Abdelilah Benkirane waves upon arrival for a dinner with his wife Nabila Benkiran hosted by President Obama for the U.S. Africa Leaders Summit, Tuesday, Aug. 5, 2014. (Susan Walsh/AP) The Islamist Party of Justice and...
Paying Less In Slump Lifts Morocco Above Oil-Pumping Neighbors
Bloomberg Caroline Alexander Falling prices help government dismantle popular gas subsidies Infrastructure spending pays dividends as Peugeot, Ford invest Tumbling oil prices have helped Morocco shore up public finances and lure investments, in contrast to countries...
Ain Beni Mathar: A Unique Thermo Solar Powerplant In Morocco
Starafrica.com Posted by: PR Newswire Situation : With over 300 days of sunshine per year, Ain Beni Mathar in Morocco, near the border with Algeria, was the perfect site to build a thermal and solar hybrid plant.The first of its kind in Africa, Ain Beni Mathar is a...
Morocco Jan-Aug Trade Deficit Falls 20.4 pct On Cheaper Imports
Reuters By Aziz El Yaakoubi Morocco's trade deficit fell 20.4 percent to 104.03 billion Moroccan dirham ($10.79 billion) in the first eight months of 2015 compared with a year earlier, thanks to lower energy imports as oil prices fell, the foreign exchange regulator...
North Africa Private Equity Remains Resilient In Spite Of Turmoil
Disrupt Africa Tom Jackson Private equity (PE) activity in North Africa has been relatively resilient in spite of the political and economic events that have occurred in the last few years, with 156 reported deals taking place between 2007 and 2014 totalling US$5.3...
Libyan Government Recalls Its Team From Talks In Morocco
Associated Press by Rami Musa BENGHAZI, Libya (AP) -- Libya's internationally-recognized government says it has recalled its team from U.N.-mediated talks in Morocco, where rival Libyan sides are supposed to agree on a unity government for the divided North African...
Morocco’s Launches Tender Seeking Advisors For LNG Import Plan
Reuters by Aziz El Yaakoubi Morocco has launched an international tender seeking advisors for its plan to boost liquefied natural gas (LNG) imports, state-owned power utility ONEE said on Monday. The plan -- worth up to $4.6 billion -- includes the import of up to 7...
Clear Evidence From Middle East: Regime Change Only Leads To Misery
South China Morning Post Alex Lo alex.lo@scmp.com The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) released this photo from January 2014, showing residents of the besieged Palestinian camp of Yarmouk, queuing to receive food supplies, in...
Turkey, Morocco Condemn Israeli Attack Against Al-Aqsa Mosque
WAFA The Turkish Foreign Ministry and the kingdom of Morocco Sunday strongly condemned the Israeli police attack against al-Aqsa mosque compound in Jerusalem for the second consecutive day. Clashes renewed on Monday morning after Israeli police stormed al-Aqsa Mosque...
Morocco’s Managem First-Half Net Profit Falls 7 Pct
Reuters Middle East by Aziz El Yaakoubi Morocco's biggest mining company Managem posted a 7 percent drop in first-half net profit to 140 million Moroccan dirham ($14.5 million) on lower global commodities prices, the company said on Monday. Managem said in a statement...