Morocco News at Maroc Info

WB grants Morocco USD 100Mn loan to back public administration reform

The World Bank (WB) administration board approved, on Thursday, a USD 100Mn loan to fund the program of public administration reform in Morocco, a press release of the world finance institution said.
The loan that will be paid out by the international bank for reconstruction and development (IBRD), is to benefit from an 8-year grace period and is repayable over 20 years.

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Morocco to invest US$19 million in new football academy

Morocco's King Mohammed VI laid on Wednesday the foundation stone of "the Mohammed VI football academy" near the city of Sala Al Jadida, at a total cost of US$19 million. Stretching on 18 ha, the new facility mainly aims at identifying and training soccer players through an educational system combining sport and study.

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Mauritanian parties back Morocco over Western Sahara autonomy

Three Mauritanian political parties - the People 's Rally Party (PRP), the Mauritanian Renewal Party (PMR) and the Rally for Just i ce and Equality (RJE) - have expressed support for the Moroccan initiative for the autonomy of the Western Sahara.

This is prompted by the "importance of Morocco's territorial integrity in mainta ining peace and stability" in the Arab Maghreb sub-region, the parties said in a statement in Nouakchott on Saturday.

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Refugees from Sahara speak of hardships

One man describes a harrowing dash through a minefield, his pregnant wife in tow, as they raced to escape from the very rebels who were supposed to be protecting them.

Another talks of unmarried pregnant women and unwed mothers, including rape victims, held at a prison camp in North Africa.

The stories, recounted by five Western Saharan refugees on a Moroccan-sponsored trip to the U.S., shed light on the conflict between Morocco and the Polisario Front rebel movement over a mineral-rich region claimed by both.

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Li Changchun meets President of the Moroccan Senate

Li Changchun, member of the Standing Committee of the Political Bureau of the CPC Central Committee, has held talks with the President of the Moroccan Senate, Mustapha Oukacha, in Morocco's capital city of Rabat.

The two sides exchanged views on strengthening bilateral cooperation and dialogue.

Li Changchun also conveyed greetings from CPPCC Chairman Jia Qinglin and Li praised the development of Sino-Moroccan ties since the two countries established diplomatic relations fifty years ago.

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Groupe ONA of Morocco 2007 Profit Rises 80% on Capital Gains

Groupe ONA, a Moroccan investment fund owned by the family of King Mohammed VI, said full-year profit rose 80 percent, helped by investment income and capital gains.

Net income in 2007 advanced to 1.73 billion dirhams ($237.7 million), or 104 dirhams a share, from 959.3 million dirhams, or 59 dirhams, a year earlier, the Casablanca-based fund, which has interests in mining, financial services and retail, said in a statement published today in newspaper L'Economiste.

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Japan lends Morocco 147m euros for road and water projects

The Japanese Bank for International Cooperation (JBIC) has provided Morocco with two loans totalling 147 million euros to finance road and water supply projects.

The first loan will finance the construction of 630 km of roads under the National Rural Roads Programme, while the second is earmarked for a water supply network in the northern and central provinces of Morocco, a diplomatic source said in Rabat.

JBIC loans to Morocco in the past 10 years, under public development aid, have grown to US$2.18 billion.

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Ramzi focused on 1500m

Double world champion Rashid Ramzi has decided to only run the 1500m at the Beijing Olympics.

Ramzi won gold in both the 800m and 1500m in Helsinki back in 2005 and won a silver in the 1500m in Osaka last year despite battling a foot injury.

However, his coach Khalid Boulami has said that he will just focus in the longer event this season.

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Morocco calls for reopening of land border with Algeria

Morocco Thursday expressed its willingness to reopen the land border with Algeria, closed since 1994, and a return to normal relations between the two neighbours.
In a statement published in Rabat, the Moroccan Ministry of Foreign Affairs and Cooperation said Morocco "calls in brotherly friendship and full sincerity for normal bilateral relations and the reopening of the border between the two countries".

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Morocco's Benaissa named 2008 top Cultural Personality

Former Moroccan Minister Mohamed Benaissa was named Cultural Personality of the Year in the 2008 Sheikh Zayed Book Award, an Emirati awards committee announced on Monday (March 17th). The award was given in recognition of Benaissa's unique contribution to Arabic culture by founding the Asilah Festival for the arts. The Sheikh Zayed Book Award is an

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Mauritanian parties back Morocco over Western Sahara autonomy

This is prompted by the "importance of Morocco's territorial integrity in mainta ining peace and stability" in the Arab Maghreb sub-region, the parties said in a statement in Nouakchott on Saturday.

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