First Independent Mena Newspaper
Morocco and Israel signed a partnership agreement that will help attract investments by Israeli civilian and defense aerospace giant IAI’s. The deal was signed in Rabat by industry minister Ryad Mezzour and head of IAI’s Amir Peretz. “This is a strategic partnership…that paves the way for a win-win aerospace industrial cooperation,” said Mezzour, adding that […]
By backing the Moroccan autonomy initiative as “the most serious, realistic and credible basis for resolving the dispute” over the Sahara, Spain wants to contribute to resolving this issue that has lasted too long, Spanish Foreign Minister, José Manuel Albares said on Tuesday. This decision aims to “contribute to ending a conflict that has lasted […]
The Moroccan government started distributing subsidies to professionals in the transport sector to help mitigate the impact of the surge in energy prices on the purchasing power of citizens, marking a U-turn in its subsidies policy. This aid will benefit 180,000 professionals in different transport sectors including taxis, trucks, buses, inter-city travel and tourist transport. […]
The Suez Canal Authority announced Tuesday it will temporarily raise fees levied on tankers carrying crude oil and petroleum derivatives for ships transiting the waterway in both directions from the beginning of May. Egypt’s Suez Canal Authority has temporarily raised a surcharge levied on tankers carrying crude oil and petroleum derivatives transiting the canal in […]
Morocco’s central bank revised downwards this year’s growth forecast to 0.7% amid rising inflationary pressures due to fallout of the war in Ukraine and as Morocco faces an unprecedented growth. The Bank said Morocco’s cereals harvest will drop to 25 million quintals from 103 million quintals last year, amid a 57% rainfall deficit which meant […]
Ex-Tunisian President Moncef Marzouki Tuesday indicated that there is currently a plan for a coup d’état to ouster incumbent leader Kais Saied, without providing further details about the plotters. “A decision to remove Kais Saied by a coup d’état is already taken, and his replacement is ready,” he said during a video conference of parties […]
The new Libyan Prime Minister Fathi Bashagha banned on Tuesday implementation of any decrees or instructions issued by the outgoing Government of National Unity (GNU), led by Abdul Hamid Dbeibeh, Libya Update reports. The former interior minister addressed a letter to the heads of institutions, departments, bodies, agencies, public companies, state-owned commercial companies, and mayors […]
Morocco’s Foreign Minister Nasser Bourita had separate phone conversations with his Russian and Ukrainian counterparts, Sergei Lavrov and Dmytro Kuleba, on Tuesday, March 22, 2022. This was the first high-level contact between Nasser Bourita and his Russian and Ukrainian counterparts since the outbreak of the armed conflict between Moscow and kyiv on February 24, 2022. […]
Japanese Sumitomo Electric Industries has decided to move its production of automotive wire harnesses to Morocco and Romania due to the Russian-Ukraine war and heightened risks in this European zone. The decision was reported Monday by Japanese financial newspaper Nikkei, saying the move will enable the manufacturer of electric wire and optical fiber cables to […]
The Hassan II Great World Water Prize was awarded to the Organization for the Development of the Senegal River (OMVS) in recognition of its commitment to this year’s theme “Water security in the territories for sustainable development and food security”. The award was handed to the High Commissioner of the organization Hamed Diané Seméga by […]