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Morocco’s Wafa Assurances 2014 net profit rises 7.6 pct

RABAT - Morocco's biggest insurer, Wafa Assurances, on Monday reported a 2014 net profit of 839 million dirhams ($88.55 million), up 7.6 percent. The company...

ISIS Reportedly Crucified, Buried Children Alive In Iraq: UN

By Stephanie Nebehay GENEVA - Islamic State militants are selling abducted Iraqi children at markets as sex slaves, and killing other youth, including by crucifixion...

Morocco Launches 4G Mobile Auctions

Rabat - Morocco launched fourth generation (4G) mobile phone license auctions on Monday, the telecoms regulator said, as the country looks to increase access to...

Genel, partners make oil discovery off Morocco

LONDON (Reuters) - Genel Energy and two partner firms said on Monday they had discovered oil off Morocco, giving a boost to the region...

Greece, Ivory Coast hope for third time lucky

FORTALEZA Brazil (Reuters) - Greece and Ivory Coast are both appearing at their third World Cup and neither has ever reached the second round,...

Is it time to reform FIFA?

The World Cup is underway and there is controversy on the pitch and off, particularly surrounding the sport's governing body FIFA.

Fitch: Arab Spring Leads to Divergent Rating Paths for Morocco and...

Rabat- 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...

Wessal Capital to invest $1.10 bln in Morocco tourism

Rabat - Wessal Capital, a joint venture created by Morocco and four Gulf States, will invest 9 billion dirhams ($1.10 billion) in tourism infrastructure...

IMF chief draws cautious response from Arab countries in call to...

Amman - IMF chief Christine Lagarde urged Arab countries going through democratic change to phase out costly subsidy systems on Monday, but drew a...

Morocco to drill 30 oil and gas wells this year

Marrakesh - Morocco will drill 30 oil and gas wells in 2014 as part of the North African kingdom's planned expansion of exploration, its...

Moroccan state sells remaining 6 pct stake in BCP

Rabat - Morocco's government has sold its remaining 6 percent stake in lender Banque Centrale Populaire S.A (BCP), the finance ministry said on Thursday. It...

Morocco’s economic growth slows in first quarter as agricultural output falls

Rabat - Morocco's economic growth slowed sharply to 2.5 percent in the first quarter from a year earlier, and is likely to ease slightly...

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