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The European Bank for Reconstruction and Development (EBRD) has invested in 2016 more than €1.3 billion in 41 projects in Morocco, Tunisia, Egypt & Jordan. The investments were made in the energy and renewable energy sectors, as well as in Read more
Morocco, one of the major allies of the U.S. and the West in the MENA region, has banned the wearing, the manufacturing or marketing of burkas (full veil), according to local media. Though, no official government order has been issued, Read more
The Turkish Foreign Minister Friday hailed Moroccan authorities’ decision to shut down all schools affiliated to Turkish cleric Fethullah Gülen, a staunch opponent of the Ankara regime who lives in exile in the US. “We welcome the statement by Morocco’s Read more
Moroccan authorities Thursday demanded the closure of all Turkish schools sponsored by the US-based Turkish cleric Fethullah Gülen accused by Ankara to be the mastermind of the July failed military coup against President Erdogan. Turkish authorities deem Gülen movement a Read more
Morocco’s central bank, Bank Al Maghrib, gave its approval to five Islamic banks to start operating in Morocco and allowed three French banks to sell Islamic products. The central bank added in a statement that it has set up a Read more
Iranian President Hassan Rouhani pointed out that Teheran and Rabat will win greatly by boosting their ties in the area of economy as well as science and culture. “We should tap the existing capacities and potentials to expand and strengthen Read more
Morocco and the Gulf Cooperation Council countries (GCC) are set to attach particular importance to cooperation in civil aviation on the backdrop of the growth in the number of passengers, said Morocco’s Civil Aviation Director Zakaria Belghazi. The passengers travelling Read more
The Abu Dhabi Fund for Development (ADFD), a government-owned entity, said it is examining new development projects proposed by the Moroccan government. “The proposed initiatives of the Moroccan government will contribute to driving socio-economic growth across all key sectors and Read more
King Mohammed VI has renewed Morocco’s attachment to the secular friendship ties and good neighborly relations existing with sisterly Mauritania. In a telephone conversation with President Mohammed Ould Abdelaziz, the Moroccan sovereign renewed “his unwavering support and friendship, as well Read more
The foreign affairs ministry has issued Monday a statement rejecting and rebuking in the strongest terms the verbal blunders uttered by the Istiqlal party’s Secretary General, Hamid Chabat, regarding the borders and the territorial integrity of Mauritania. Chabat said at Read more