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Hafid El Fassy is the business Editor & Comumnist . A Financial Engineer from Paris-Jussieu & Dauphine Universities, he started in Project & Trade Finance in 1993 before being a Global Emerging Markets Speculative and ALM Trader .Since 2004, he has provided business development/financing advisory for Moroccan Real Estate, Banking, Trade and Tourism projects to top tier Institutions.

Sahara: Tokyo has Never Recognized & Will Never Recognize Self-Proclaimed “SADR”

Japanese ambassador to Morocco Takuji Hanatani has affirmed that his country “has never recognized and will never recognize” the self-proclaimed so-called SADR, noting that Tokyo has always supported the UN Security Council resolutions on the Sahara.   Mr. Takuji Hanatani made the remarks at a meeting held Thursday in Rabat with Speaker of the House […]

Nigerian NNPC highlights benefits of Nigeria-Morocco gas pipeline

The Nigeria-Morocco Gas Pipeline (NMGP) project will open new vistas for Nigeria’s gas aspirations, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said. Mallam Kyari disclosed this Tuesday in Abuja at a stakeholders’ engagement involving the corporation, its Moroccan partner on the Gas Project, the Morocco National Office for […]

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Morocco’s Agentis starts building $50m hospital in the Côte d’Ivoire

Moroccan company Agentis has started the construction of a new regional hospital in Côte d’Ivoire.   The construction of the new regional hospital (CHR) in Adzopé, 100 km north of Abidjan, was launched by the head of state Alassane Ouattara, who welcomed the construction of this new facility as, he said, it “will fill a […]

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Sahara settlement: Morocco remains committed to UN-led political process

King Mohammed VI has reiterated Morocco’s firm and earnest commitment to the political process for the settlement of the Sahara issue, conducted under the aegis of the United Nations. “Morocco remains resolutely and earnestly committed to the political process, under the exclusive aegis of the United Nations Organization,” said the Monarch in a speech addressed […]

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Morocco to revamp its development model for comprehensive take-off

Morocco braces for a new phase of a development model that builds on past achievements to tackle social inequalities and regional disparities, said King Mohammed VI, adding that revamping the nation’s development model is not an end in itself. Rather, it is a gateway to a new era for his country. In a speech he […]

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King Mohammed VI’s 20-year Reign: Ambitious Reforms & Great Infrastructures

As Moroccans prepare to celebrate on Tuesday July 30 the twentieth anniversary of the accession of Mohammed VI to the throne, much has already been written on the undeniably positive record of these years of rule. On top of this record, lies the quality of the relationship between King Mohammed VI and the Moroccan people […]

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Morocco: Main suspects in beheading of two Scandinavian hikers handed death sentences

Morocco: Main suspects in beheading of two Scandinavian hikers handed death sentences

A court in Sale, near Rabat, Thursday sentenced to death three main suspects who pleaded guilty for the killing in December of two Scandinavian holidaymakers in the High Atlas Mountains. Two of 24 defendants confessed they killed Louisa Vesterager Jespersen, 24, from Denmark, and Maren Ueland, 28, from Norway, while a third said he stood […]

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Tunisia: US Embassy closed over security concerns

The US embassy in Tunisia Monday shut doors over security concerns, in the wake of two terror attacks that rocked Tunis few days earlier. “Due to security concerns, the US Embassy will be closed to the public on Monday, July 1st, except for emergency services,” the embassy said in a statement. Sources told Huffpost Tunisie […]

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Algeria: Air Algerie to buy six new aircraft for $2 billion

The Algerian government Wednesday announced it would allocate $2 billion for the national carrier, Air Algérie, for the acquisition of six new aircraft in a move to revamp existing aging planes. Transport minister Mustapha Kouraba speaking before the Senate received the go-ahead from the State Participation Committee (CPE). Kouraba did not say what type of […]

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Barbuda withdraws recognition of Polisario

Barbuda announced that it withdrew its recognition of the Algerian-backed Polisario separatists, six years after it decided to freeze its recognition adding another nail in the coffin of the separatists.   Barbados’s decision was announced Friday during the visit of the Caribbean island nation’s Prime Minister Mia Amor Mottley to Rabat.   Barbados’ position is […]

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