First Independent Mena Newspaper
The employers’ unions of Morocco and Mozambique have agreed to set up a joint business council to foster trade exchanges and economic cooperation between the two African countries. The agreement was inked Thursday in Marrakesh by Chakib Alj, President of the General Confederation of Moroccan Enterprises (CGEM), and Agostinho Zacarias Vuma, Chairman of the Confederation […]
The net flow of Foreign Direct Investments (FDI) recorded a 43.6% increase to more than 19.4 billion dirhams at the end of December 2021 compared to a year earlier, the Office des Changes (exchange office) said in its annual report on the balance of payments and the international investment position of Morocco for the year […]
The U.S. Trade and Development Agency announced this Thursday it will fund a feasibility study to transform the power distribution infrastructure in Marrakech into a smart grid. The announcement was made on the sidelines of the 2022 U.S.-Africa Business Summit taking place in Marrakesh. The study will be carried out by Washington-based Africa Climate Solutions […]
Togo joined a list of over 24 countries that have opened a consulate in Laayoune or Dakhla in southern Morocco, reflecting their support for Morocco’s territorial integrity and marking their firm support for the sovereignty of Morocco over its Sahara. The inauguration ceremony, in Dakhla, was chaired by the Togolese and Moroccan Foreign Ministers, Robert […]
Egypt and Serbia inked a group of agreements and Memorandum of Understanding as President Abdelfattah al-Sisi visited the European country Wednesday. Al Sisi met with Aleksandar Vucic in capital Belgrade following a visit to Germany the day before. Both leaders oversaw the signing of several accords. One agreement in the field of higher education was […]
Six Iraqi police forces were slain Wednesday after their position was attacked by Islamic state group (ISIS) fighters, in north of capital Baghdad, AFP reports citing a military source. “Between 10 and 15 ISIS group fighters attacked this federal police forward position around 12:30 am (2130 GMT Tuesday). The attack lasted around an hour,” the […]
The hearing of former Tunisian Prime Minister Hamadi Jebali in the Namaa Tounes case planned for yesterday, has been postponed sine die, Webdo Tunis reports. The former senior Islamist party Ennahdha member was expected to be interrogated by the country’s counter-terrorism prosecutor in the connection with an investigation into terrorism financing and money laundry allegation […]
A ceremony was held on Wednesday in Rabat to present two new books by the Coalition for the Autonomy of the Sahara (AUSACO), entitled “Rethinking the Sahara Dispute: History and Contemporary Perspectives” and “The Moroccan Sahara: Polemological Contours and Irenological Perspectives”. The ceremony, held on the occasion of Throne Day to be celebrated this month, […]
Canadian GAL Aerospace will set up in Morocco an integrated project for the production, modification and completion of aircraft cabin interiors. The unit to be built in Casablanca with an investment amounting to $12 million, will be completed in 2023 and will create 240 direct jobs. A Memorandum of Understanding on the creation of the […]
The Africa-focused energy group Chariot has has announced a material increase in its gas resources offshore Morocco, validating its decision to fast-track its field development plans for the Anchois gas project in Larache. On Wednesday, Chariot shared the results of an independent assessment by Oil & Gas consultant Netherland Sewell & Associates which has reviewed […]