EBRD backs Morocco's Dislog Group with $25m investment

The European Bank for Reconstruction and Development (EBRD) is investing $25 million in Morocco’s Dislog Group to bolster its capital structure and support its mergers and acquisitions strategy. The equity injection is part of a broader capital increase involving SPE Capital, IFC, Sanam Holding, Sanlam, and H&S Invest Holding, aimed at refinancing recent acquisitions and reducing the group’s debt ahead of its planned Initial Public Offering (IPO), says a Friday press release by

TUI lance la première liaison Newcastle–Agadir

TUI a officiellement lancé son premier vol direct de l'aéroport international de Newcastle, au Royaume-Uni, vers Agadir, au Maroc. Opérant deux fois par semaine, la nouvelle liaison a démarré cette semaine, a annoncé la compagnie, mercredi. «Le Maroc offre une combinaison parfaite de culture exotique, de belles plages et de soleil toute l'année — tout cela désormais à un vol direct pour nos clients du Nord-Est», a

Mauritanian-Moroccan economic parliamentary forum opens in Nouakchott

The inaugural session of the Mauritanian-Moroccan Economic Parliamentary Forum opened on Friday in Nouakchott, under the joint presidency of the Speaker of the House of Representatives, Rachid Talbi Alami, and the President of the Mauritanian National Assembly, Mohamed Bamba Meguett. The opening session was attended by Mauritanian and Moroccan parliamentarians, as well as several high-ranking officials, including Morocco’s Minister of Agriculture, Maritime Fisheries, Rural Development,

Moroccan competition council probes 20-year sardine market collusion

The Competition Council announced on Thursday the launch of an investigation to determine the existence of alleged anti-competitive practices in the industrial sardine supply market. «As part of its duties and responsibilities defined by the Constitution, Law No. 20-13 relating to the Competition Council, and Law No. 104-12 on freedom of prices and competition — as amended and supplemented — aimed at regulating market competition and protecting consumer interests, the

TUI launches inaugural Newcastle–Agadir route

TUI has officially launched its first direct flight from Newcastle International Airport, UK, to Agadir, Morocco. Operating twice weekly, the new route took off this week, the company announced on Wednesday. «Morocco offers a perfect blend of exotic culture, beautiful beaches, and year-round sunshine — all now just a direct flight away for our customers in the North East», said Chris Logan, Commercial Director at TUI UK. «It’s great to see TUI commence their new

Nouakchott : Ouverture du premier Forum parlementaire économique Maroc – Mauritanie

Les travaux de la première session du Forum parlementaire économique mauritano-marocain ont débuté vendredi à Nouakchott, sous la présidence du président de la Chambre des représentants, Rachid Talbi Alami, et du président de l’Assemblée nationale mauritanienne, Mohamed Bamba Meguett. En plus de parlementaires mauritaniens et marocains, l’ouverture des travaux a été marquée par la

Moroccan MPs propose blood type on ID cards to boost blood donation and emergency care

The Popular Movement (MP) group in the House of Representatives has submitted a proposal to include blood type information on the electronic national identity card (CNIE). The initiative seeks to amend and supplement Articles 4 and 5 of Law 04.20 governing the CNIE, with the opposition party’s deputies framing it as a way to promote blood donation and facilitate emergency medical care. The proposal, presented by MPs Brahim Abba, Zineb Amahroq, Aziza Boujrida, and Nabil Eddakhch, is

The Israeli government approves a maritime transport agreement with Morocco

The Israeli government approved an agreement with Morocco on maritime transport last Wednesday, according to an official statement. The agreement, signed in Rabat on May 29, 2023, aims to regulate and promote maritime transport between the two countries based on principles of free and fair competition, freedom of navigation, and mutual cooperation. It covers various aspects of maritime transport, including safety, port access, taxation, dispute resolution, fees, and tariffs. It also provides

Marché de la sardine industrielle : Le Conseil de la concurrence révèle une collusion sur 20 ans

Le Conseil de la concurrence a annoncé, jeudi, l’ouverture d’une instruction afin de vérifier l’existence de présumées pratiques anticoncurrentielles sur le marché de l’approvisionnement en sardine industrielle. «Dans le cadre de l’exercice de ses missions et attributions prévues par la Constitution, la loi n° 20-13 relative au Conseil de la concurrence, ainsi que la loi 104-12 relative à la liberté

Spanish Civil Guard dismantles major drug trafficking network linked to Morocco

The Spanish Civil Guard has announced the dismantling of a criminal organization involved in international drug trafficking. The network was active in the provinces of Almería and Granada in Andalusia and operated in coordination with supply networks in Morocco, with the capacity to transport large quantities of hashish and cocaine. The operation was carried out jointly by the judicial police units in Catalonia and Almeria, leading to the arrest of five individuals. According to the