Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Morocco claims Israel recognizes its sovereignty over Western Sahara

King Mohammed VI of Morocco.
  • According to a statement from Morocco's Royal Palace, Israeli Prime Minister Benjamin Netanyahu stated the Jewish country's position in a letter to the king
  • The statement from the palace further noted that as part of this recognition Israel mulls "the opening of a consulate in the city of Dakhla"

Dubai, UAE–Morocco said that Israel has recognized its sovereignty over the disputed territory of Western Sahara and is mulling opening a consulate there, according to media reports.

A statement from Morocco’s Royal Palace said Israel’s position was expressed in a letter to King Mohammed VI from Israeli Prime Minister, Benjamin Netanyahu.

The Algerian-backed Polisario Front demands an independent state in Western Sahara. In 2020, then-US President Donald Trump recognized Morocco’s claim to the territory in return for its partial upgrade of relations with Israel.

The Israeli position “will be sent to the United Nations, regional and international organizations … as well as all the States Israel has diplomatic relations with,” the statement from Morocco’s Royal Palace quotes the letter as saying.

As part of this recognition, Israel mulls “the opening of a consulate in the city of Dakhla,” the statement said.

Israel’s position on Western Sahara is “clear-cut” and comes as part of a momentum in Morocco’s favor, after Washington and Madrid, in addition to other European capitals supported its autonomy plan for the territory, a senior government official told Reuters.

The Israeli recognition will not affect Morocco’s “principles” in defending the two-state solution to the Israeli-Palestinian conflict, he added.