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Hafid El Fassy
Stories written by Hafid El Fassy
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.

Researchers in Morocco Develop Heat Tolerant Durum Wheat

Researchers from the Morocco-based International Center for Agricultural Research in the Dry Areas (ICARDA) have developed durum wheat varieties that can be grown on the savannah along the Senegal River, in Mauritania as well as in Morocco during the four months of the year when temperatures reach 35-40 degrees (°C). The research, conducted in cooperation […]

Morocco sends emergency humanitarian assistance to Madagascar

Morocco has dispatch an emergency humanitarian assistance to Madagascar to help it cope with the impact of the devastating tropical cyclone Ava. The assistance, sent in implementation of Royal instructions, was airlifted by Two aircrafts of Morocco’s Royal Air Force that landed in Antananarivo on Saturday. The 30 ton-humanitarian aid, made up of tents, blankets […]

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Morocco Purchases 4 Dreamliner Planes for $1.1 billion

The fleet of Morocco’s national airline company Royal Air Maroc (RAM) will be enhanced with the purchase of four 787-9 Dreamliner planes for $1.1 billion. RAM has already received five Boeing 787-8 planes. The Moroccan carrier will increase its fleet of fuel-efficient 787s to nine airplanes. It uses the 787s in international flights from Casablanca […]

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EU-Morocco fisheries agreement, mostly beneficial to Sahara Provinces

The financial compensation the European Union extends to Morocco part of the Fisheries Agreement between the two sides is most beneficial to Morocco’s Sahara provinces, states an EU report made public lately. The audit report on the Morocco-EU fisheries accord, commissioned by the European Commission, revealed that the agreement is unfolding satisfactorily and that 75% […]

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ECOWAS: Morocco’s membership official early 2018

ECOWAS: Morocco’s membership official early 2018

Leaders of the Economic Community of West African States, ECOWAS, will not greenlight Morocco’s membership at Abuja summit this Saturday, postponing the announcement to early next year during an extraordinary summit. Heads of the States of the regional economic grouping are holding this Saturday their 52nd summit that was moved from Lome to Abuja because […]

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World Bank, AFD Partner with Morocco in support of AAA initiative

The World Bank and the French Development Agency (AFD) decided to partner with Morocco to implement the Adaptation of African Agriculture Initiative, through a one million Euro Funding. The Memorandum of Understanding related to this partnership was signed in Paris Tuesday on the sidelines of the One Planet Summit that saw the participation of King […]

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Morocco’s car manufacturing platform strengthened by new comer

Morocco, as a car manufacturing platform, has been strengthened by a new comer, the Chinese world leader in electric car making, BYD group. Following suit to French automakers Renault and Peugeot, BYD group decided to establish an electric car factory near Tangier, a decision that falls in line with the strong resolve of King Mohammed […]

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Morocco Summons US Envoy in Rabat over Jerusalem

Morocco’s foreign minister Nasser Bourita summoned US chargé d’affair Stephanie Miley in Rabat in a meeting attended by the Ambassadors of the four other permanent UN Security Council members as well as the Ambassador of Palestine. During this meeting, ordered by King Mohammed VI, in his quality as Chairman of the Al Quds Committee, Bourita […]

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Moving US Embassy to Jerusalem would have negative impact on peace prospects, warns Mohammed VI

The US Administration’s intention to recognize Jerusalem as the capital of Israel and to transfer the United States’ Embassy to the Holy city, “would have a negative impact on prospects for achieving a just, comprehensive settlement of the Palestinian-Israeli conflict”. The warning came in a message that King Mohammed VI has addressed on Tuesday to […]

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South Africa eager to foster ties with Morocco, Zuma says

President of South Africa Jacob Zuma said his country is eager to foster ties with Morocco and to give substance to the promising future awaiting bilateral relations. Zuma’s remarks came in an interview with South African news outlet “News 24″ following the meeting he held with King Mohammed VI in Abidjan last week on the […]

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