Home » Entries posted by 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.

“The Sahara is Moroccan”, Affirms Algerian Politician Ammar Saadani

Former Secretary General of the Ruling National Liberation Front, FLN, Ammar Saadani affirmed on Thursday that “the Sahara is Moroccan and nothing else”, and criticized Algerian authorities for squandering large sums of money over fifty years on the Polisario. The remarks made by this insider politician deal a hard blow to the Algerian regime and […]

Morocco’s UN ambassador re-elected vice president of ECOSOC

The United Nations Economic and Social Council (ECOSOC) re-elected Morocco’s Permanent Representative to the UN, ambassador Omar Hilale, for a second term as vice-president of ECOSOC and chairman of its humanitarian segment for 2020. This renewal of trust in Ambassador Hilale is reflective of the credibility that Morocco enjoys within the UN and notably among […]

Read More

Morocco seizes 5.9 tons of cannabis in border crossing with Mauritania

Moroccan authorities Monday seized 5.9 tonnes of cannabis resin in the border crossing with Mauritania of Guerguarat, one of the largest catches this year. A driver was arrested along with two other people after the banned substance was found concealed in a truck heading to West Africa. The Moroccan police has stepped up its crackdown […]

Read More

Tunisia: conservative Kaïs Saïed elected president

In Tunisia, supporters of presidential candidate Kaïs Saïed have stormed the grand boulevards of central Tunis in celebration late on Sunday after exit polls showed the conservative candidate  was elected by a landslide majority. Kaïs Saïed contested Tunisia’s runoff presidential election against media magnate Nabil Karoui. After the exit polls were released, Kaïs Saïed appeared […]

Read More

King of Morocco Calls on Private Sector to Rev up Country’s Development Efforts

King Mohammed VI has called on the private sector, particularly, the banking and financial institutions, to support further the development process engaged in the country to bridge the social gap and speed up the social and economic take-off. In a speech made on Friday before the members of the two houses of the parliament, the […]

Read More

Morocco: New Reshuffled Cabinet Unveiled

King Mohammed VI received Wednesday afternoon at the Royal Palace in Rabat, the members of the new constricted cabinet, led by Head of the Government Saad Eddine El Othmani. As expected, the number of portfolios has been reduced from 39 to 24, resulting in the reduction of portfolios held by the five political parties forming […]

Read More

US Offers $5 Million Bounty for Arrest of Polisario’s ex-Member Adnan Abu Walid al-Sahraoui

American authorities announced on Friday a $5 million reward for information leading to the location, the identification, the arrest or conviction of Adnan Abou Walid al-Sahraoui, an ex-member of the polisario separatist group, supported by Algeria, and current chief of ISIS in Great Sahara (ISIS-GS).   Al Sahraoui terror group has claimed responsibility for the […]

Read More

London Fully Supports UN-Led Process for Resolution of Sahara Issue

British Minister for North Africa & Middle East, Dr. Andrew Murrison, renewed on Tuesday in Rabat his country’s “full support” to the UN-led process engaged for the resolution to the Sahara issue, commending the “serious and credible” efforts made by Morocco in this regard.   “We fully support the UN-led process as well as the […]

Read More

Morocco’s King Puts Inclusive Education & Vocational Training at Top of his Priorities

King Mohammed VI continues to grant special interest to the upgrading of the sectors of education and vocational training, keystone to sustainable socioeconomic development, jobs creation and building better future for Moroccan youth. Thursday, the Sovereign launched the 2019-2020 academic year, and chaired the presentation ceremony on the progress made in the reform process of […]

Read More

Morocco’s RAM to launch first direct flight to China

Morocco’s national carrier, Royal Air Maroc, has announced it will launch in January the first direct flight between the North African country and China that has become the kingdom’s tourism market target. The airline said the first flight will take off on January 16 next year. The expansion to China is part of the management’s […]

Read More