Amid the savage and brutal Israeli aggression on Gaza, Algeria refrained from participating in the “Cairo Peace Summit,” which is expected to focus on ways to de-escalate the situation in…
North Africa
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FranceMoroccoNewsNorth AfricaPolitics
French MP Encourages ‘Non-Governmental Diplomacy’ With Algeria
by Wunna Htunby Wunna HtunRabat – Frederic Petit, a French MP of the Democratic Movement, has presented to France’s Foreign Affairs Committee a report detailing a new non-governmental diplomacy approach for France’s relations with…
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AlgeriaIsraelMiddle EastNewsNorth Africa
Algeria’s Foreign Minister Expresses “Full Solidarity” With Palestinians
Algeria’s foreign minister Ahmed Attaf on Tuesday called on the international community to support the Palestinians, with whom he said Algeria stood in full solidarity as the Israel-Hamas war intensifies.…
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BusinessMoroccoNewsNorth Africa
Morocco’s Cash Plus Raises $60 Million Funds to Expand Operations
by Prasad Bandaby Prasad BandaRabat – A private equity firm, Mediterrania Capital Partners, has announced investing €57 million ($60 million) investment in Cash Plus, a Moroccan financial services provider. The investment was made in…
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Rabat – The relationship between Morocco and the United Kingdom is a long and deep one, UK Minister of State for Development and Africa, Andrew Mitchell, recently told Morocco World…
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EconomyMoroccoNewsNorth Africa
Fitch Maintains Morocco’s Rating Unchanged at BB+
by Myint Nyanby Myint NyanRabat – Fitch, an American rating agency, affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) rating at “BB+,” reflecting the country’s ability to meet its long-term fiscal responsibilities. In a…
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MoroccoNewsNorth AfricaTourismTravel
Morocco Crowned Favorite Destination Among French Travelers
by Kan Khineby Kan KhineRabat – Morocco is the favorite destination of French travelers, according to renowned French tour organizers “Voyage Prive.” The accolade was based on data obtained since Voyage Prive’s founding in 2006,…
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MoroccoNewsNorth AfricaSports
Morocco to Build New Stadium, Upgrade Six Others Before 2030 World Cup
RABAT, Oct 20 (Reuters) – Morocco plans to build a large stadium in Benslimane, near Casablanca, and upgrade six others in preparation for co-hosting the 2030 World Cup, the prime…
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The Kingdom of Morocco, led by King Mohammed VI, is dedicated to mediate and end the Gaza war which has led to death of over 10,000 people. According to the…
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EgyptFeaturedNewsNorth Africa
Egypt Restricts Foreign Currency Credit Card Use
by Deepak Mirzaby Deepak MirzaCAIRO, Oct 17 (Reuters) – Egypt’s central bank told commercial banks on Tuesday to restrict customers from using credit cards for transactions in foreign currencies both domestically and abroad, the…