Morocco News, Weather, Politics

Morocco says satisfied with bond reopening, prepares sukuk

CASABLANCA, Morocco (Reuters) - Morocco is satisfied with a $750 million bond reopening even though the U.S. market imposed discretionary rules until the subscription process is completed, Finance Minister Nizar Baraka said on Thursday. The North African kingdom raised $750 million on Wednesday in a two-part reopening of its $1.5 billion bond, with $500 million for the $1 billion 4.25 percent ...

Morocco to launch 4G mobile license tenders by the end 2013

Rabat (Reuters) - Morocco plans to launch tenders for 4G mobile phone licenses by the end of the year, the Telecommunications Regulatory National Agency (ANRT) said on Tuesday in a statement carried by state news agency MAP. Morocco wants to be one of the first African countries to get the fourth generation (4G) telecom services, the statement said. "We will launch the tenders to award 4G ...

MIDEAST MONEY-Subsidy reform dispute imperils Morocco's ruling coalition

By Aziz El Yaakoubi RABAT, May 20 (Reuters) - Morocco's junior government partyis threatening to quit the coalition unless Islamist primeminister Abdelilah Benkirane moderates plans for sweeping cutsto subsidies on food and energy. Increased subsidies have been part of Morocco's strategy toprevent popular discontent welling up into an uprising of thekind that has toppled rulers across north ...

Morocco to harness the wind in energy hunt

Morocco is ploughing ahead with a programme to boost wind energy production, particularly in the southern Tarfaya region, where Africa's largest wind farm is set to open in 2014.

Morocco denies 'torturing' Sahrawi protesters

Morocco denied on Saturday accusations by Amnesty International that security forces tortured six men who were arrested after a demonstration calling for the independence of Western Sahara.

Morocco: The Drawbacks of the Coalition Government

The Justice and Development Party (JDP) of Morocco has become so preoccupied with its battles with others that it has forgotten itself, although its political experience was rather characterized by realism and moderation.

Subsidy reform dispute imperils Morocco's ruling coalition

By Aziz El Yaakoubi RABAT (Reuters) - Morocco's junior government party is threatening to quit the coalition unless Islamist prime minister Abdelilah Benkirane moderates plans for sweeping cuts to subsidies on food and energy. Increased subsidies have been part of Morocco's strategy to prevent popular discontent welling up into an uprising of the kind that has toppled rulers across north Africa ...

U.A.E. Banks to Morocco Return to Bond Market as Yields Drop

Two United Arab Emirates banks raised $1.3 billion from bonds sales and Morocco plans to boost the size of its existing dollar-denominated notes as Middle East issuers take advantage of falling borrowing costs.

Morocco launches solar mega-project at Ouarzazate

Morocco on Friday officially launched the construction of a 160-megawatt solar power plant near the desert city of Ouarzazate, the first in a series of vast solar projects planned in the country.

In Morocco, TV Is Part of Power Game

The Royal Palace retains control over networks as it has for years, but the government seeks change, plummeting the industry into crisis.





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