Le roi Mohammed VI inaugure à Fès la «Mosquée SAR la Princesse Lalla Salma»

Le roi Mohammed VI a procédé, à la Place Al Mizane à Fès, à l'inauguration de la «Mosquée SAR la Princesse Lalla Salma» avant d'y accomplir la prière du vendredi. D'une capacité de plus de 3 000 fidèles, la nouvelle mosquée a été édifiée par le ministère des Habous et des Affaires islamiques pour une enveloppe budgétaire de près de 25 millions de

Vague de chaleur jusqu'au dimanche dans plusieurs régions du Maroc

Une vague de chaleur, avec des températures oscillant entre 36 et 44 degrés, touchera plusieurs régions du Maroc de vendredi à dimanche prochains, annonce la Direction de la météorologie nationale (DMN) dans un bulletin spécial. Des températures maximales variant entre 38 et 43 degrés sont ainsi prévues vendredi à Tata, Assa-Zag, Es-semara, Taroudant, Zagora et l'intérieur d'Agadir-Ida-Outanane, Inzegane,

MEBAA promotes its next aviation show in Marrakech

The Middle East Business Aviation Association (MEBAA), is promoting its upcoming event during the European Business Aviation Association (EBAA) which will be held in Morocco on September, Flight Global reports. The event unlike 2015, will be organized in Marrakech to host the annual MEBAA show. «The country is close to Europe and the government is promoting itself as the finance centre for the region. It has also become much easier to obtain a license to operate business aircraft

Saint-Lucia : An Algerian diplomat physically assaults his Moroccan counterpart

During the United Nations and decolonization 24 committee reunion held yesterday in Saint Lucia, an eastern Caribbean island, a Moroccan diplomat was «physically assaulted» by his Algerian counterpart, a Moroccan senior official told AFP news agency. The same source states that the aggressor was, «Soufian Mimouni, Director General of the Algerian Ministry of Foreign Affairs”, adding that : «our diplomat has been sent to the hospital, the reunion was interrupted

After South Africa, another Moroccan phosphate ship detained in Panama

A Moroccan Phosphate ship was held yesterday night in Panama by a complaint from the Polisario Front. According to the pro-polisario website Western Sahara Resources Watch, the Danish vessel Ultra Innovation that was carrying a phosphate cargo to Canada «has been detained by a national court». The same source indicates, that the vessel was crossing the Panama Canal shipping around 50 000 tones of Phosphate rocks probably destined for Arguim, a Canadian retail supplier of

Archaeologists want to promote old Islamic sites in Morocco

A group of archeological experts held talks in the capital of Bahrain, Manama to discuss ways of promoting and preserving Africa’s old Islamic sites, Reuters reports. Their meeting took part of the Islamic Archaeology in Global Perspective conference organized in the gulf kingdom. The conference aims to highlight the richness of Islamic archeology sites in the African continent and most particularly Morocco, where volubilis is considered to be one of the most valuable historical

Two major South African companies to increase stake in SAHAM Finances

Sanlam, a South African financial services group along with insurance company Santam are increasing their stake in the Moroccan SAHAM Finances, International Adviser reports.  The two leading South African firms headquarted in Cape Town are boosting their ownership from 30% to 46.6%. Santam and Sanlam first purchased effective stake in SAHAM Finances back in February 2016. «Having identified strong synergies between the Sanlam and SAHAM Groups, we are committed to unlocking

France : Leila Aïchi n'est plus candidate REM à la 9e circonscription des Français de l’étranger

Leila Aïchi n'est plus la candidate de «La République en marche !» à la 9e circonscription des Français de l’étranger pour les élections législatives. Une information confirmée ce mercredi par plusieurs membres de la section marocaine du mouvement macronien. Il s'avère aussi que la sénatrice de Paris n’apparaît plus sur la liste des candidats investis par «En Marche !». De

African Development Bank : a major contributor to Morocco's water sector

African Development Bank (AfDB), the supranational development finance institution headquartered in Abidjan, Côte d’Ivoire, has contributed to the financing of Morocco’s water sector by securing installation and providing drinking water to residents of several cities in the Kingdom, Business Standard reports. The AfDB has financed a set of programs that «improved the water supply and distribution systems in 30 Moroccan cities (more than 2/3 of the country's

The World Bank grants a loan to the Moroccan financial sector

The World Bank will give Morocco around USD 350 million to initiate reforms in the local financial sector, reports a communiqué released on Tuesday. This loan would give small and medium companies a chance to benefit from a new set of financial recourses. It will also improve banking supervision and boost the development of the capital markets. In addition, small firms, and more generally the real economy, will ultimately have access to new financing solutions. In the long run,