Search Site

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

France and Morocco mend ties after visa spat

The two countries have been at loggerheads since September 2021, when Paris halved its visa quota for Moroccans. (AFP)
  • Speaking in Rabat alongside her Moroccan counterpart, French Foreign Minister said it was time to "write a new page together".
  • French President Emmanuel Macron and Morocco's King Mohammed VI spoke by phone after their countries' dramatic World Cup semi-final clash.

RABAT, MOROCCO  –  France and Morocco announced Friday they were mending fences after months of tensions over visas, and said President Emmanuel Macron would visit the North African kingdom in early 2023.

Speaking in Rabat alongside her Moroccan counterpart Nasser Bourita, French Foreign Minister Catherine Colonna said it was time to “write a new page together”.

The two countries have been at loggerheads since September 2021, when Paris halved its visa quota for Moroccans in retaliation for the kingdom’s alleged refusal to repatriate citizens living as irregular migrants in France.

The move sparked widespread public anger in Morocco and was labeled as “unjustified” by Rabat.

But Colonna said the countries had returned to “full consular cooperation” since Monday.

French Interior Minister Gerald Darmanin was expected to arrive in Morocco’s neighbor and arch-rival Algeria on Friday to discuss similar visa issues.

Macron and Morocco’s King Mohammed VI spoke by phone on Wednesday night after their countries’ dramatic World Cup semi-final clash in Qatar which France won 2-0.

Asked about the spiky issue of the Western Sahara, the two ministers played down any tensions.

Morocco sees the desert region as part of its territory, but the Algerian-backed Polisario movement seeks an independent state.

King Mohammed reiterated in August that “the Sahara issue is the prism through which Morocco views its international environment”, demanding that governments “clarify” their position on the subject.

But Colonna said Friday that the kingdom could “count on France’s backing”.

Bourita added that Morocco had “never seen France’s position (on the Western Sahara) as negative”.