Archive for May, 2014

Maghreb news : 2014-05-23

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Security | 2014-05-23
Tunisia secures Libya border
As the situation in Libya continues to deteriorate, Tunisia steps up security along its border and enacts a strategy against terrorist threats. (more…)

Moroccan cement sales fall 3.1% in April

International Cement News


Cement sales in Morocco took a further dip in April, declining by 3.1 per cent YoY, according to the Ministry of Economy and Finance.

For 2014, the cement industry expects another challenging year. Holcim Maroc forecasts a four per cent decline, in addition to the 6.3 per cent market contraction experienced in 2013.

Maghreb news 2014-05-22

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Terrorism | 2014-05-22
Libyans fight back against Ansar al-Sharia
While officials are split over Khalifa Haftar’s campaign to rout eastern Libya of extremists, citizens agree that Ansar al-Sharia is behind the escalating bloodshed in Benghazi. (more…)

BIG PICTURE – Tangiers shares on the march as market tunes into company-making potential of Morocco

Proactive Investors
By Ian Lyall

Operator Galp is chasing three stacked targets: Assaka in the Upper Jurassic; the main target Trident in the Middle Jurassic and will move on to TMA if the well is deemed a success.

Operator Galp is chasing three stacked targets: Assaka in the Upper Jurassic; the main target Trident in the Middle Jurassic and will move on to TMA if the well is deemed a success. (more…)

RPT-Fitch: Arab Spring Leads to Divergent Rating Paths for Morocco and Tunisia

Reuters

Fitch Ratings says in a new report that the divergence in rating dynamics between Morocco (BBB-/Stable) and Tunisia (BB-/Negative) since the start of the Arab Spring in early 2011 reflects different developments arising from the political transition in each country and their impact on economic performance.

In Tunisia, the political transition has proved long and difficult with recurrent violence and popular protest. Marked political instability (with four prime ministers in three years) has undermined confidence in the economy and in Tunisia’s ability to reform and finance widening twin deficits. (more…)

Morocco’s airports see 2014 Q1 growth of 15.4%; easyJet and transavia.com France grow while Ryanair and Vueling shrink

Anna.aero

easyJet accounts for almost 6% of all international capacity from Moroccan airports

easyJet accounts for almost 6% of all international capacity from Moroccan airports, and has launched four new routes to Marrakech since the start of the winter season. Twice-weekly Bristol flights were launched on 14 December with the help of Kokosa the camel. (more…)

Qatar, Morocco Review Bilateral Ties

Bernama – Malaysia

RABAT, May 22 (Bernama) – Official from Morocco’s Ministry of Foreign Affairs and Cooperation Ahmed Al-Tazi on Wednesday met with Qatar’s ambassador to Morocco, Abdullah Bin Falah Abdullah A-Dosari, Qatar News Agency (QNA) reported.

At their meeting, Al-Tazi, director of East, Gulf and the Arab and Islamic Organisations at the ministry, discussed bilateral relations between the two countries and means of promoting them along with issues of mutual concern.

The ministry’s Department of Protocol director Mohammed Rida El Fassi also met with the Qatari diplomat to review bilateral ties between both countries.

— BERNAMA

Maghreb news 2014-05-21

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Security | 2014-05-21
Libyans confront security chaos
Young people in Tripoli and Benghazi propose ways to end the bloodshed. (more…)

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