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    Morocco, pioneer in renewable energy in north Africa, Arab Thought Foundation

    Beirut, September 03, 2013 (MAP) Morocco plays a pioneer role in the field of renewable energy in north Africa, the Beirut-based Arab Thought Foundation said on Monday. The kingdom has elaborated a special action plan related to solar energy and also set up an agency, the Foundation's paper "Oufouk" wrote. Such initiatives will enable the...

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    Libya threatens to bomb ships loading black market oil

    TRIPOLI, Aug 16, 2013 (AFP) Libya has accused striking guards who have seized oil export terminals of trying to make shipments for their own profit and threatened military action against any unauthorised vessel that docks. Prime Minister Ali Zeidan issued the warning late on Thursday, three weeks into the action by the security guards that has halted...

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    S&P downgrades Tunisia two notches, citing unrest

    PARIS, France, Aug 16, 2013 (AFP) Rating agency Standard & Poor's downgraded debt issued by Tunisia by two notches on Friday because of rising opposition to the government. The credit rating agency downgraded its notation for Tunisian long-term debt from "BB-" to "B", indicating low confidence that the country will be able to respect its...

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    1200 Tunisian Businessmen Fled to Morocco

    Morocco World News with Maghreb Intelligence Rabat, May 26, 2013 This is a real catastrophe for the Tunisian economy. In fact, more than 1,200 Tunisian businessmen have already, or are about to move their investments to Morocco. The revelation comes from a senior official of the Central Bank of Tunisia who talked anonymously to "Maghreb...

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    IMF reaches framework agreement on Tunisia loan

    WASHINGTON, April 20, 2013 (AFP) The International Monetary Fund (IMF) reached a framework agreement with Tunisia on a two-year, $1.75 billion standby loan deal. The agreement, which awaits final approval from the IMF board of directors, is aimed at helping the country's battered economy following the uprising that toppled a decades-old dictatorship in January 2011...

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    Tunisia orders price cuts as discontent simmers

     TUNIS, April 18, 2013 (AFP) Tunisia ordered a drastic reduction in the price of some consumer goods on Thursday to cool inflation in the face of simmering social tensions, which economists warned could lead to shortages. The commerce ministry unveiled price cuts that include 43 percent on potatoes, 10 percent on eggs, six to nine percent on red...

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    Tunisia, IMF 'close' to $1.78-bn loan deal

     TUNIS, April 16, 2013 (AFP) Tunisia and the International Monetary Fund announced on Tuesday that they were close to agreeing in principle on a $1.75-billion loan, after negotiations were held up by a political crisis. "The IMF and the Tunisian government are close to an agreement in principle on the granting of a 1.75-billion-dollar (1.3...

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    Tunisia needs new economic model to end poverty: president

    TUNIS, March 30, 2013 (AFP) Tunisia must find a new economic model to raise the roughly 20 percent of its people living in poverty from their quagmire, President Moncef Marzouki said on Saturday. “The objective is liberate from poverty two million Tunisians over the course of the next five years,” Marzouki told a meeting of the World Social Forum,...

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    Arab Spring, financial crisis in focus at Tunis world forum

    TUNIS, March 24, 2013 (AFP) Activists gather on Tuesday in the Arab Spring's birthplace for a global anti-capitalist event that will bring together Tunisian revolutionaries and Western protest movements united in demanding a more just world order. More than two years after the Jasmine revolution, tens of thousands of people are expected for the World...

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    IMF sends new mission to Egypt for aid talks

    WASHINGTON, March 14, 2013 (AFP) The International Monetary Fund will send a new mission to Egypt to discuss the next steps toward a potential aid program, an IMF spokesman said Thursday. Masood Ahmed, director of the IMF's Middle East and Central Asia Department, was expected to be in Cairo this Sunday, IMF spokesman Bill Murray...

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    Libya tops 100% growth in 2012: IMF

    TRIPOLI, March 14, 2013 (AFP) Libya's economy grew more than 100 percent in 2012 on the back of oil production which had come to a standstill during the country's 2011 revolution, the International Monetary Fund said on Thursday. "Economic growth in 2012 exceeded 100 percent, reflecting a strong recovery from its collapse during the revolution"...

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    Libya to invite bids for oil concessions in 2013

    TRIPOLI, March 13, 2013 (AFP) Libya plans to invite bids from foreign firms for oil concessions by the end of 2013, Oil Minister Abdelbari al-Arussi told AFP on Wednesday, adding that Tripoli wants to increase its OPEC output quota.  "We need some time to study the details, but we will probably announce the  Arussi reported "strong demand" from oil...

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    Morocco offers "good prospects" for investment in all areas -Alicante chamber of commerce

    Madrid, March 12, 2013 (MAP) The Moroccan economy offers "good prospects" for investment in all fields, said Monday the Chamber of Commerce of Alicante (Eastern Spain). Tourism, renewable energy, capital goods, the environment, telecommunications, food processing industry, construction and electronics are all sectors in Morocco that offer "good prospects" for foreign investors, the Chamber said...

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    Tunisia gives Ukraine firm oil exploration permit

     TUNIS, March 7, 2013 (AFP) Tunisia's industry ministry on Thursday announced the award of an oil exploration permit to Ukrainian firm YNG Exploration Limited for the Tatouine region in the south of the country. The permit, covering the Araifa site 988 square kilometres (395 square miles) in size, covers seismic exploration and the drilling of two test wells over...

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    Political impasse sparks alarm on Tunisian economy

    By Antoine Lambroschini TUNIS, March 03, 2013 (AFP) Tunisia's political crisis is taking its toll on the economy of a country that is also facing growing social unrest, with credit ratings downgrades and talks with the IMF on a $1.78-billion loan still in limbo. The north African nation fell into recession following the revolution two...

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    Moody's downgrades Tunisia over political, economic crisis

    NICOSIA, Feb 28, 2013 (AFP) Moody's Investors Service on Thursday downgraded Tunisia's sovereign rating from Baa3 to Ba1, citing the country's grave political crisis and its deteriorating credit fundamentals. It put the rating on review for a possible further downgrade. "The main driver ... is the increase in political risk" following the February 6 assassination...

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Editorial

Opinions

  • The Moroccan Gold Eldorado
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    The Moroccan Gold Eldorado, a Myth or a Reality?

    Rabat - Recently, a conspiracy theory video about a large gold discovery in Morocco is making rounds online. The video claims that a substantial gold reserve was discovered and is being extracted by a Canadian mining company called Maya Gold and Silver. We Moroccans are very proud human beings, we love our country and cherish...

  • Qatar's Emir Sheikh Tamim bin Hamad Al-Thani
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    Qatar: How the Tables Are Turning in The Gulf

    Rabat - Amidst harsh sanctions and a long list of demands from its neighbors, Qatar’s ability to thrive under pressure may prove to be problematic for Saudi Arabia. As Saudi Arabia and its coalition attempt to wait out Qatar, the recent spat in the Gulf continues to become more and more global, and severely against...

  • FILE - In this Jan. 20, 2015 file photo, a plume of steam billows from the coal-fired Merrimack Station in Bow, N.H. If the nation doesn’t do more, the U.S. probably won’t quite meet the dramatic heat-trapping gas reduction goal it promised in last year’s Paris agreement to battle climate change, according to a new study. (AP Photo/Jim Cole, File)
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    Climate Change : If You Can’t Measure It, You Can’t Fix It

    Chefchaouen - Climate change is happening at home and around the world. Chefchaouen is doing its part by embracing clean energy climate solutions and engaging its citizens in climate action. When it comes to fighting climate change, cities and local leaders are best positioned to lead that charge. Local leaders from coastal to landlocked communities are...

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    India Orders Internal Probe into Mistaken Use of Morocco-Spain Border Picture

    Hyderabad - The Indian Ministry of Interior on Wednesday ordered an internal investigation to find out how a picture of Morocco-Spain border was used in its annual report to show floodlights along the India-Pakistan border. What is most embarrassing is that the annual report of previous years was tabled during the Budget Session of Indian...

  • Amid Growing Tension, Thousands of Moroccans Stage Pro-Rif March in Rabat
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    Neglect in Harsh Soil: The Deep Roots of the Rif Crisis

    Rabat - The ongoing protests in northern Morocco started almost eight months ago, but they have their origin in nearly a century of violent repression by the state. The Rif has, in spite of itself, got involved into a peaceful revolt since the death of the fishmonger Mohcine Fikri at the end of October 2016, a...

  • Tamim Bin Hamad al Thani emir of Qatar
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    The Qatar Crisis: What Does It Mean?

    Rabat - The recent diplomatic fallout between Qatar and the rest of the Middle East could have serious economic and geopolitical consequences across the globe. Earlier this week, Qatar’s diplomatic crisis took an extreme turn as several Arab states severed diplomatic ties with the Gulf nation.  The original list of countries in the coalition against...

  • Moroccans spend Laylat al-Qadr, the 26th day of Ramadan, at the Hassan II mosque in Casablanca.
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    Ramadan: Not just Abstinence from Daily Intakes 

    By Abdellatif Oudra Rabat - The observance of Ramadan, one of the five pillars of Islam, compels Muslims to fast from sunrise to sunset. But it is not just about abstaining from food or drink.  Ramadan, the ninth month of the Islamic calendar, is observed in commemoration of the revelation of Qur’an to the prophet Mohammad,...

  • Morocco Threatens to Terminate Agriculture Agreement with Europe
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    Morocco and the EU: Managing the Future

    Rabat - Morocco enjoys proximity to Europe and is at an advantage of being favoured by the European Union as a close partner on political, economic, and cultural levels. Historical archives and political legacies tie Morocco directly with at least three influential European countries: France, Spain, and England. Demography, kinship, and immigration compel other EU...

  • The Educational and Cultural Implications of the Arab Spring
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    The Educational and Cultural Implications of the Arab 'Spring'

    Rabat - In the last ten years or so, the Arab world has seen unprecedented collapses in the realms of politics and economy, among others. World NGOs regularly release area-specific rankings, in which Arab nations commonly rank at the bottom of lists in education, human rights, and income for instance while they top those of...

  • Thousands Hold Peaceful Demonstration in Memory of Mouhcine Fikri
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    Al Hoceima and the Pedagogical Exercise

    Ottawa - What makes a democracy different from non-democracy? This is the classical and historical question asked by philosophers over the centuries and deeply questioned in the discipline of political science. Democracy cannot prevent inequality as the case in the United States where inequality is the highest globally. Democracy cannot stop corruption like in Brazil...