Archive for October, 2011
BRISTOL, UK Wessex Exploration has signed an Assurance Agreement for a Production Sharing Contract for the Imlili block offshore Western Sahara with the Saharawi Arab Democratic Republic (SADR).
The latter is the democratically elected government of the territory, recognized by the United Nations as a non-self governing territory, currently occupied by Morocco. (more…)
London – Morocco, who presented an autonomy plan to settle the Sahara issue under its sovereignty, confirmed in its position following the recent developments in the North Africa region, said the think-tank the Economist Intelligence Unit (EIU).
Morocco has reinforced its position, offering an autonomy and decentralization plan to the Sahara, the EIU said in its October report on Morocco. (more…)
The ongoing development of large real estate projects is set to continue the sectors growth, said the global publishing, research and Consultancy Company, stressing that various segments of this key sector are going strong.
OBG noted that during the first two quarters of 2011, real estate prices witnessed significant year-on-year increases, adding that several large real estate projects are set to bring additional capacity online by the end of next year, while strong demand continues to drive social housing development. (more…)
Rabat, October 31, 2011 – Morocco and the United States signed here on Monday a declaration of intent for the setting up of “Morocco Atlantic Bridge” initiative.
The initiative aims to strengthen bilateral trade relations and partnership, and better use of the free trade agreement in force between the two countries.
Signed by Moroccan Foreign Trade Minister Abdellatif Mazouz and U.S. Ambassador to Rabat Samuel Kaplan, this declaration is part of the implementation of the Moroccan strategy for development and export promotion “Maroc export plus,” and the U.S. national export initiative “National export initiative.” (more…)
by Charles Onians – PARIS (AFP)
Palestinians won entry to UNESCO on Monday, scoring a symbolic victory in their battle for full membership of the United Nations in a move that Israel and the US said harmed hopes for peace.
“The general conference decides to admit Palestine as a member of UNESCO,” said the resolution that was adopted to loud applause by 107 countries, with 14 voting against and 52 abstaining. (more…)
Moroccan authorities expelled a Member of the European parliament Sunday from the airport of Laayoune, the capital of Western Sahara, because of his positions in favour of the Polisario Front.
- Moroccan authorities expelled a Member of the European parliament Sunday from the airport of Laayoune, the capital of Western Sahara, because of his positions in favour of the Polisario Front.
- This is Spanish MEP Willy Meyer who is also vice-president of the Foreign Affairs Commission of the European Parliament. The latter has been denied access to the airport for his positions in favour of the Polisario Front. Mr. Meyer was forced to return back to Spain on the same plane.
(PV Magazine) Desertec has announced that it will build its first solar power plant in 2012. Set to be located in Morocco, it is expected to be 500 megawatts (MW) in size.
The free EneR event is a networking and investment platform for those interested in Morocco¹s renewable energy markets happening later this month in Casablanca.
Morocco is wild, yet for the average business or tourist traveler tame and safe. You can walk out of your riad in Marakesh and get lost in another time. Meander around the market in Fez and feel forever connected to Arabian Nights, or wind around the modern city of Casablanca for good food and pleasant chats with locals. You won¹t find Clarke Gable in Morocco, but business investors interested in new financing opportunities might be advised to head to the EneR event in Casablanca later this month, November 22 to 26.
The EneR event has already signed up nearly 200 exhibitors, and is expecting 4,000 visitors interested in financing projects and developing renewable energy business in Morocco. Want to create a sustainable future for the North Africa region? Consider investing in Morocco.
Here¹s why I think Morocco is a good bet:
Unlike Syria, or Egypt, Morocco has been stable politically during the Arab Spring uprisings. Its airports, like the one in Marrakesh boast solar panels, and its resort owners, locally and international ones like those from the Kasbah du Toubkalare developing sustainable eco-tourism. Out of all the Arabian-Middle Eastern countries I have visited, Morocco felt the closest to the west and it could be because of the proximity to Spain a short plane ride away and the French and Swiss influence which is strong. Compared to Europe, its renewable energy goals are startling: Morocco aims to be 42 percent fueled by solar energy by 2020 with a $9 billion USD investment.
Who¹s investing in Morocco?
The Swiss Firm Airlight Brings CSP to Morocco
Bloomberg is reporting that the Sahara solar initiative backed by the German turbine maker Siemens AG and Deutsche Bank AG will sketch out plans in 2012 for its first power plant, a 600 million-euro ($800 million) station in Morocco.
Morocco¹s link in the proposed Medgrid renewable energy
projectMorocco¹s key role in the Desertec initiative (Dii)
More on EneR
The EneR event will be a place to network among this massive investment opportunity in the Moroccan and African energy economies. Among stakeholders to meet and network with is FENELEC the Moroccan Federation of Electricity, Electronics and Renewable Energies and organizer of the conference. The organization represents more than 300 renewable energy companies in Morocco.
Morocco is moving fast towards the clean energy mix as the Moroccan government aims to produce a considerable amount of the country¹s energy from renewable sources. By 2015, more than 2000 megawatts of power from solar energy alone shall be generated through various projects in Morocco.
Major US and international media outlets write about a Moroccan court that convicted on Friday, 10/28, nine men over an April bomb attack that ripped through a Marrakesh cafe packed with European tourists and killed 17, sentencing the plot’s ringleader to death. The court gave a life sentence to Adil al-Atmani’s top accomplice Hakim Dah, but relatives of those killed voiced outrage at the light sentences given to the seven other co-defendants, which ranged from three to four years.
Also, an Italian and two Spaniards who were kidnapped in Algeria a week ago, are alive and being held by Al-Qaeda in the Islamic Maghreb, a mediator told AFP after contact with the kidnappers.
[youtube http://youtube.com/w/?v=6AeyKFFC07g] (10/31) – Moroccans Call for the Ouster of King Mohammed VI
Press TV (10/31) – Fresh protest rallies hit Moroccan cities
The Voice of Russia (10/31) – Berlusconi on U.S. trafficking list for sexual exploitation of girls in Morocco
All Voices (10/29) – Morocco: Terrorism Attack of Marrakesh: the death penalty inflicted
Yahoo (10/28) – Morocco court issues death sentence in cafe attack
ABC News (10/28) – Marrakesh bomber sentenced to death
Modern Ghana (10/28) – Morocco court sentences Marrakesh bomber to death
Monsters & Critics (10/28) – Morocco court sentences Marrakesh cafe bomber to death
News Observer (10/28) – Morocco court issues death sentence in cafe attack
WSFA (10/28) – Morocco court issues death sentence in cafe attack
Eircom.net (10/28) – Morocco bomber sentenced to death
The Daily News Egypt.com (10/27) – Reform without regime change in Morocco?
Market Watch (10/31) – Great Quest Metals Appoints Mohammed Bouhsane Chief Operating Officer
Great Quest (10/31) – Great Quest Metals Appoints Mohammed Bouhsane Chief Operating Officer
MSN (10/30) – Global economic crisis causes decline of Kuwait’s Morocco investments – Min.
Gulfnews.com (10/28) – Dubai, Morocco sign agreement to boost trade
The National (10/31) – The Nour Festival of Contemporary Middle Eastern and North African Arts celebrates all things East
The New York Times (10/30) – Tides of Trance Meld Divine Echoes of South Asia and Africa
AME Info (10/30) – Al Taameer Real Estate Investment publishes MENA hospitality report update for October
Eurasia Review (10/31) – Gaddafi Regime Collapse Marks Maghreb Turning Point – Analysis
Family Security Matters (10/31) – Beyond the Arab Spring Lies Winter
Albawaba (10/31) – Dubai exports, re-exports increase 18.4% despite global tensions
Emirates 24/7 (10/30) – Measures in place to protect Dubai
AME Info (10/30) – Dubai Chamber members’ exports up 18.4% during first nine months 2011
by LEENA RAO Oct 29, 2011 3:01AM
To celebrate the fifty years of the Peace Corps’s work in 139 countries, journalist and former Peace Corps volunteer Maureen Orth has created an online platform, called PeaceCorpsPostcards, for former volunteers to contribute their own stories, pictures and “Video postcards.”
In case you aren’t familiar, The Peace Corps is a volunteer program run by the United States Government. Post-college grads work abroad for two years; volunteering in building schools, infrastructure development, government, agriculture and more.
(The Associated Press) Shelter magazines, catalogs, stores –everywhere we look this season, there’s some sort of pouf.
While ottomans tend to be more structured, with a solid form and usually some legs, poufs or hassocks are actually just big upholstered cushions, and aren’t usually used as tables the way ottomans often are.
But poufs are the perfect squishy footrest, and thus suit family rooms or relaxed living rooms. Easily moved about, they make great extra seating. (more…)
Press Release Source: Great Quest Metals Ltd.
VANCOUVER, BRITISH COLUMBIA–(Marketwire -10/31/11)- Victor J.E. Jones, President and CFO of Great Quest Metals Ltd. (“Great Quest” or the “Company”) (TSX-V: GQ.V – News)(Frankfurt: GQM.F – News) is pleased to announce the appointment of Mr. Mohammed Bouhsane as Chief Operating Officer effective November 1, 2011, with principal responsibilities for the Bamako, Mali office and exploration activities. (more…)
Dubai Exports and re-exports by members of the Dubai Chamber of Commerce and Industry increased 18.4 percent during the first nine months of the year over the same period last year, Hesham Al Shirawi, second vice-chairman of the Dubai Chamber, said.
Speaking at the Dubai Chamber’s third Economic Seminar of 2011, Al Shirawi added that exports and re-exports reached Dh184.2 billion between January and September, in comparison to Dh155.6 billion during the comparative period last year. (more…)
THE VOICE OF RUSSIA
The U.S. State Department has included Italian Prime Minister Silvio Berlusconi on a list of persons associated with human trafficking. (more…)
(BBC Sport) InterClube failed to reach the final of the Confederation Cup after they were beaten by MAS
Moroccan side MAS reached the final of the Confederation Cup thanks a 1-0 win over InterClube of Angola on Sunday.
Chemseddine Chtibi scored seven minutes into stoppage time to seal the victory.
MAS qualified for their first continental final on the away-goals rule after losing the first leg of the semi-final 2-1 two weeks ago in Luanda. (more…)