First Independent Mena Newspaper
The gala dinner of the Fashion Trust Arabia was held Thursday evening in Marrakech under the chairmanship of Morocco’s Princess Lalla Hasnaa and Qatar’s Sheikha Al Mayassa bint Hamad Al Thani. The event, organized as part of the Qatar-Morocco 2024 Year of Culture, featured a photos exhibition by Tala Hadid, and the screening of a […]
The draft budget for 2025 provides for an array of measures to curb the impact of imported inflation on the citizens’ purchasing power, including wage hikes, cancelation of VAT and customs duties on some basic foodstuff, and subsidies. Under the new budget, monthly salaries lower than 6000 will be exempted from the income tax, while […]
UN Secretary General Antonio Guterres reiterated his call for a reform of the UN Security Council that would give two seats to the African continent. Speaking in Addis Ababa in the headquarters of the African Union, Guterres said Installing “two African members as permanent members of the Security Council” is essential for reform. Guterres stressed […]
One billion dollars has been raised for Lebanon and its army at the International Conference in Support of Lebanon’s People and Sovereignty held in Paris, French diplomacy announced on Thursday. “In the face of the war’s toll, participants responded to the United Nations’ appeal and announced $1 billion in aid, including $800 million in humanitarian […]
Turkey and the Libyan Government of National Unity signed a Memorandum of Understanding providing for strengthening security relations and enhancing the exchange of expertise in law enforcement and crime prevention. The MoU was initialed by Acting Minister of Interior for the Government of National Unity, Emad Al-Trabelsi, and his Turkish counterpart, Ali Yerlikaya, during the […]
The ongoing Gaza conflict has severely affected Egypt’s economy, leading to a sharp 70 percent drop in Suez Canal revenues Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said. In an interview with Youm7, Georgieva acknowledged Egypt’s commitment to advancing crucial economic reforms despite the challenges posed by regional instability. Georgieva announced plans […]
Mozambique’s ruling party Frelimo is staying in power following its victory in a national election that triggered growing unrest. Police on Monday used teargas and gunfire to disperse opposition supporters protesting the murder of a lawyer in the country’s main opposition party. Frelimo’s Daniel Chapo, 47, will succeed President Filipe Nyusi to become Mozambique’s fifth […]
Morocco has called for a full ceasefire in Lebanon and for the respect of the country’s sovereignty, territorial integrity, and the dignity of its citizens. Lebanon “cannot and must not continue to bear the burden of conflicts that are playing out elsewhere, under the shadow of regional agendas, which have left it drained,” said Morocco’s […]
The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]
The Moroccan government increased the budget allocated for defense to 133 billion dirhams ($13.5 bln) as it prepares to promote defense industries and upgrade equipment, as shown in the draft budget for 2025. This year, Morocco’s defense budget was at 124 billion dirhams, highlighting the country’s efforts to modernize its army with state-of-the art technologies. […]