Reuters: Morocco News

UPDATE 1-European wheat rises on U.S. weather rally

Wed, 16 May 2012 17:09:09 +0000

May 16 (Reuters) - European wheat futures turned higher in afternoon trade on Wednesday on the back of a surge in U.S. prices as dry weather in the United States prompted a wave of buying.

UPDATE 2-Morocco to keep low import duty regime for wheat

Wed, 16 May 2012 16:07:09 +0000

RABAT, May 16 (Reuters) - Morocco will keep import duties on soft wheat suspended until the end of May before raising them to 17.5 percent in the June 1 to end-December period as it braces for higher imports, official and trade sources said on Wednesday.

Morocco says wheat harvest at 3.6 mln T

Wed, 16 May 2012 14:57:33 +0000

RABAT, May 16 (Reuters) - Morocco's wheat harvest is expected to reach 3.6 million tonnes this year, including 2.6 million tonnes of soft wheat, down by 40 percent from the wheat crop recorded a year earlier, the agriculture ministry said on Wednesday.

Moroccan bank BMCE denies talk of CEO's ill health

Wed, 16 May 2012 14:37:57 +0000

RABAT, May 16 (Reuters) - BMCE Bank, Morocco's third-biggest lender, said its octogenarian chief executive Othmane Benjelloun was in good health, after its shares hit their lowest level in more than three years on speculation that he was critically ill.

European wheat hesitant, weighs Greece, weather

Wed, 16 May 2012 12:17:26 +0000

PARIS, May 16 (Reuters) - European wheat futures edged lower on Wednesday in step with U.S. prices as fears Greece could leave the euro zone dampened markets and stalled a day-earlier rally in wheat linked to weather concerns.

Morocco to keep low import duty regime for wheat

Wed, 16 May 2012 11:33:18 +0000

Jailed Morocco Islamists on hunger strike-campaigners

Tue, 15 May 2012 16:07:17 +0000

RABAT, May 15 (Reuters) - Islamists who say they are being unfairly held in Moroccan prisons are staging hunger strikes to put more pressure on the new government to release them, according to campaigners who are in contact with the prisoners.

Soccer-African Confederation Cup draw

Tue, 15 May 2012 15:20:49 +0000

CAIRO, May 15 (Reuters) - Draw for the fourth round of the African Confederation Cup made on Tuesday: Maghreb Fes (Morocco, holders) v AC Leopards (Congo) Al Hilal (Sudan) v Club Olympique Bamako (Mali) Academie Football Amadou Diallo (Ivory Coast) v Wydad Casablanca (Morocco) Al Merreikh (Sudan) v Black Leopards (South Africa) Djoliba (Mali) v Club Africain (Tunisia) Dynamos (Zimbabwe) v InterClube (Angola) Stade Malien (Mali) v Olympique Meknes (Morocco)

TABLE-Morocco trade deficit up 6 pct yr/yr in Jan-April

Tue, 15 May 2012 09:56:25 +0000

RABAT, May 15 (Reuters) - Morocco's foreign exchange regulator on Tuesday said the country's trade deficit for January-April stood at 64 billion dirhams ($7.41 billion), an increase of 6 percent from the year-earlier period. The regulator released the following data on the country's trade, tourism receipts, transfers by Moroccan emigrants and private foreign loans and investment (PFLIs) for the period. Morocco's currency is not fully convertible, and growth in tourism and remittanc

UPDATE 1-Manchester-bound Hazard named Ligue 1 top player

Mon, 14 May 2012 21:04:33 +0000

PARIS, May 14 (Reuters) - Lille midfielder Eden Hazard was named Ligue 1's best player for the second year in a row on Monday before a probable move to Manchester.