First Independent Mena Newspaper
Attijariwafa Bank reported a 26.6% increase in its annual 2024 net profit to 950 million dollars, amid an expansion of activity in Morocco and in African subsidiaries. The bank reported an 8% increase in loans to the economy in Morocco, raising its market share to 28.1% from 26.9% in 2023, it said in a statement […]
Morocco has emerged as a model of economic resilience in Africa according to the latest United Nations Conference on Trade and Development (UNCTAD) report, which identifies the Kingdom as one of the continent’s least vulnerable economies to external shocks. The comprehensive assessment, reported by Les Inspirations Eco, highlights Morocco’s strategic investments in modern infrastructure that […]
Morocco’s ONCF has chosen France’s Alstom, Spain’s CAF, and South Korea’s Hyundai Rotem as manufacturers of its tender to buy 168 trains, including high-speed, intercity and urban trains. The new trains will help ONCF renew its existing fleet and accommodate for traffic growth, the rail operator said in a statement. It also added that the […]
Marsa Maroc, Morocco’s leading port operator, said it will be operating the western terminal at Nador West Med port for a concession period of 25 years. The terminal will be the second to be operated by Marsa Maroc after the eastern terminal concession it won in June last year. The first phase investment in the […]
President of the French Senate Gérard Larcher raised the need for an expanded French consular service that covers the Moroccan Sahara, which he called the Southern Provinces of Morocco. The call echoes a previous promise by French Foreign Minister Jean-Noël Barrot during president Macron’s visit to Rabat in October 2024. Since Paris backed Morocco’s sovereignty […]
Maroc Telecom, a Moroccan company with branches across Africa, announced the appointment of Mohamed Benchaaboun as new chair, succeeding Abdeslam Ahizoune who has led the company since 1999. The decision was taken by Maroc Telecom’s Supervisory Board which offered Benchaaboun a two-year term, while thanking Ahizoune for spearheading its expansion in Africa. Besides Morocco, the […]
Cabo Verde has reiterated, on Tuesday, its steadfast position in support of Morocco’s territorial integrity and sovereignty over its entire territory, including the Sahara region. The supportive stand was expressed by Minister of Foreign Affairs, José Filomeno de Carvalho Dias Monteiro, at a press briefing in Rabat following his meeting with his Moroccan peer Nasser […]
The first International Federation of Fishing Tourism has been established lately in the Moroccan Saharan city of Dakhla in the presence of professional sport-fishermen, and national and foreign tourism operators. Representatives of several countries including Spain, Italy, Turkey, Greece, Tunisia and Mauritania took part in the Constitutive Assembly of this new entity which elected the […]
Morocco’s Mohammed VI Polytechnic University, OCP Group, and Brazil’s agriculture agency Embrapa have agreed to enhance cooperation in R&D to advance sustainable agriculture. Under the agreement sealed Monday, the three partners pledge to develop innovative solutions ensuring food security through the implementation of joint projects focusing on advanced agricultural technologies, training of researchers & students […]
The Republic of El Salvador has reaffirmed steadfast support for Morocco’s territorial integrity and sovereignty over its entire Saharan territory. The supportive stand was voiced by Mr. Félix Ulloa, vice-President of this Central American country during a meeting held Monday in San Salvador with Fouad Yazourh, Director of International Political Affairs at Moroccan foreign Ministry […]