In recent years, Morocco has strengthened its economic cooperation with various Asian countries, including South Korea. The kingdom has recently signed an agreement of more than one and a half billion dollars with the company Hyundai Rotem for the development of its rail network.
"The contract recently signed between Hyundai Rotem and the National Railway Office, concerning the delivery of double-decker electric trains, is a new proof of the attractiveness of investment in Morocco," said (…)
Home > Morocco
Morocco
-
Morocco Signs $1.5 Billion Rail Deal with South Korea’s Hyundai Rotem
6 April, by Prince -
Moroccan Watermelon Prices Expected to Surge as Harvest Nears
6 April, by PrinceThe selling prices of watermelons, mainly from the Zagora regions, will reach 10 dirhams per kilogram during this marketing campaign, which will start in a few days.
"This season looks promising" and "farm yields are high," watermelon producers told Hespress. For a watermelon grower in the province of Zagora, "the selling price of a hectare of red watermelons varies depending on its yield, that is to say the number of tons the buyer can get from it."
"The watermelon harvest has not yet (…) -
Major Casablanca Bank Embroiled in Real Estate Loan Fraud Scandal
5 April, by PrinceThe internal control services of a major banking group based in Casablanca have uncovered irregularities in the granting of real estate loans to certain clients. Branch managers, client managers and loan analysts would be involved in this case of forgery.
The officials are accused of having granted certain clients real estate loans exceeding the requested amount in order to cover the registration and land conservation fees, in the form of development loans released on the basis of work (…) -
Moroccan Drone Strike Reportedly Kills Four in Western Sahara
5 April, by SylvanusSeveral Polisario militiamen may have been killed by a strike from the Royal Armed Forces (FAR) during the movement of a vehicle in the Lamhiriz region, east of the security wall, in the Sahara.
Have Polisario militiamen perished in a Moroccan drone attack? A drone from the Royal Armed Forces (FAR) is said to have targeted a vehicle moving in the Lamhiriz region, east of the security wall, according to media sources affiliated with the Polisario Front. The military operation resulted in (…) -
French Parliament Stirs Controversy with New Map Showing Disputed Western Sahara
5 April, by SylvanusThe installation of a new world map including the map of Morocco integrating the Sahara in the room of the Foreign Affairs Committee of the National Assembly in Paris is not to the liking of some deputies, in particular the communist MP Jean-Paul Lecoq, very involved in the defense of the Polisario.
"The map behind you has been changed. A month ago, it was not this map that was here, it was the map in accordance with the UN, in accordance with international law, and the map that has been (…) -
Moroccan Expats Sentenced in Marrakech Money Laundering Case
5 April, by SylvanusInvolved in a money laundering case, Moroccans residing abroad (MREs) were sentenced to prison terms by the criminal chamber of the court of first instance in Marrakech.
It all started with a brawl involving more than a dozen people. The regional judicial police brigade of Marrakech and the services of the General Directorate of Territorial Surveillance (DGST) in the ochre city opened an investigation and favored the hypothesis of a settling of scores related to a cross-border criminal (…) -
Morocco Returns to GMT+1 as Daylight Saving Time Begins
5 April, by SaidMoroccans must adjust their watches tonight. Morocco is indeed preparing to add sixty minutes to its legal time, and this switch to summer time will take place this Sunday, April 6, precisely at two o’clock in the morning.
This change marks the return to the usual legal time (GMT+1) permanently adopted by Morocco since 2018. It is actually a matter of setting the clocks back in accordance with government decree no. 2.18.855, published on 16 Safar 1440 (corresponding to October 26, 2018). (…) -
Moroccan Fuel Prices Surge Above Pre-Liberalization Levels
5 April, by SaidIn Morocco, the prices displayed at the pump for diesel and gasoline at the beginning of April are significantly higher than those that would result from the application of the calculation method in force before the 2015 liberalization.
According to this former formula, the liter of diesel should not exceed 9.73 dirhams and that of gasoline would be capped at 11.12 dirhams for the period concerned. However, the rates observed at the service stations are around 11 dirhams for diesel and 13 (…) -
French Man’s Disappearance in Morocco Remains Unsolved After One Year
5 April, by SylvanusA year ago, a French resident suddenly disappeared. Leaving his home on the night of April 10, 2024 in Rabat, he has not given any sign of life since. An extensive search operation had been set up in Morocco and France... Without success...
The hopes of finding Clément Besneville are dwindling. This 30-year-old Frenchman who would have left his home, an apartment located on Boulevard Laalou, in the heart of the old medina, around 10 pm on April 10, 2024, remains untraceable. His father is (…) -
Morocco Acquires Israeli-Made Precision Attack Drones
5 April, by PrinceMorocco continues to strengthen and modernize its army. It recently acquired the SpyX kamikaze drone from BlueBird Aero Systems, a subsidiary of Israel Aerospace Industries (IAI), and plans to produce it locally.
Since the normalization of their relations in December 2020, Morocco and Israel have strengthened their defense cooperation. Last year, the kingdom acquired the SpyX suicide drone, a mini-drone dedicated to reconnaissance and attack missions with high precision. With a flight (…)