Morocco says it is planning to launch a multi-billion-dollar project to intensify its search for natural gas, APA reports quoting Press TV.
Morocco’s Energy Minister Abdelkader Amara said on Tuesday that the country would spend USD 4.6 billion on infrastructure for the project through the year 2021. (more…)
Real Madrid on Tuesday (December 16th) became the first team to reach the final of the FIFA Club World Cup 2014 in Morocco, Menara reported.
The Spanish side punched their ticket after beating Mexico’s Cruz Azul FC 4-0 in Marrakech.
Auckland City of New Zealand and CA San Lorenzo of Argentina vie Wednesday for the other slot in the Saturday final.
Morocco on Tuesday (December 16th) presented a roadmap for the production of liquefied natural gas (LNG), Au Fait Maroc reported.
In an effort to guarantee the kingdom’s energy independence, billions will be invested in natural gas infrastructure by 2021, Industry Minister Abdelkader Amara announced. (more…)
Elections | 2014-12-17
Tunisia presidential race hots up
Tunisians are just days away from picking their president and completing the country’s historic democratic transition. (more…)
International Political Forum
Posted by Mohammed Qasserras
Civil society in Morocco took a step towards better policies for young people through the creation of the Moroccan Parallel Youth Government MPYG, which intended to mimic and evaluate Morocco government policies.
Without a doubt, the formulation of the MPYG is the fruit of the constitutional reforms that Morocco has seen during epoch of the Arab Spring. (more…)
Daily News Egypt
Morocco won the title after topping the rankings at the tournament, coming in first with a total score of 310 strokes, to preserve the title it won last year at the same competition, held in Egypt.
Morocco was crowned champion of the 34th Arab Golf Championship held in the Saudi capital of Riyadh. The most prominent Arab golf players participated in the tournament, representing 12 Arab countries, including Libya, Morocco, Qatar, Oman, the UAE, Egypt, Tunisia, Palestine, Lebanon, Jordan, and Saudi Arabia, who hosted the games. (more…)
Middle East Online
Energy Minister says $4.6 billion will be spent on infrastructure for natural gas project through to year 2021 to meet energy needs.
Morocco announced plans on Tuesday to step up its search for natural gas with a multi-billion-dollar project aimed at improving its energy mix alongside renewables.
Energy Minister Abdelkader Amara said $4.6 billion would be spent on infrastructure for the project through to the year 2021. (more…)
Moroccan and Spanish security forces on Tuesday (December 16th) dismantled a terror cell that recruited women for the Islamic State (ISIS) in Syria and Iraq, MAP reported.
The two leaders of the cell were arrested in Fnideq. Five other suspects were detained by Spanish authorities in Ceuta, Melilla and Barcelona. (more…)
Terrorism | 2014-12-16
Med nations partner against Daesh, crime
Holding the “5+5 Initiative” presidency will help Tunisia respond to security challenges, Defence Minister Ghazi Jeribi said. (more…)
Bill Lehane and Reuters reports
Morocco is going ahead with previously mooted plans to become a liquefied natural gas importer with the construction of an LNG terminal at the port town of Jorf Lasfar on the Atlantic coast, reports said.
Bloomberg Middle East
By Souhail Karam
Morocco’s central bank said it may revise its currency peg regime to reflect the weakening of the euro against the U.S. dollar.
The central bank is working with the finance ministry on the issue, Governor Abdellatif Jouahri told a news conference in Rabat after cutting the benchmark interest rate by a quarter of a percentage point to 2.5 percent. Morocco has a managed float exchange-rate regime against a euro-dominated basket of currencies, according to the Economist Intelligence Unit. (more…)
International Business Times
By Umberto Bacchi
Spanish and Moroccan authorities said they have arrested seven people, including four women and a minor, suspected to be members of an Islamist ring specifically aiming to recruit women for Isis.
Natural Gas Asia
Morocco is planning to intensify its search for natural gas, Press TV reported country’s Energy Minister Abdelkader Amara as saying.
Amara said on Tuesday that the country would spend $ 4.6 billion on infrastructure for the project through the year 2021. (more…)
Morocco is an important partner for the EU, which plays a key role in the Euro-Mediterranean area and the Africa-EU Partnership. The EU wants to continue to develop a strong bilateral relationship with Morocco, based on shared values, mutual respect and solidarity, said EU High Representative Federica Mogherini here Tuesday. (more…)
By Aziz El Yaakoubi
Morocco’s central bank cut its benchmark interest rate on Tuesday to 2.5 percent from 2.75 percent, the second rate cut in three months, as rulers in the North African kingdom feel confident after the drop in global oil prices.
The bank said it seeks to support economic growth while expecting inflation to remain low. (more…)