First Independent Mena Newspaper
Morocco ranks among the top five countries that have most improved their business environment over the past two decades, according to the Economist Intelligence Unit (EIU) index. Between 2003 and 2023, Morocco ranked fourth out of 82 countries that managed to significantly improve their business climate, according to the ranking published by the EIU in […]
The four-year fisheries accord sealed between Morocco and Russia covers the Sahara territorial waters. The deal, which will expire on October 31, has been extended till end of 2024. Talks have been launched by the two countries for the renewal of the agreement for another four years starting 2025. Morocco affirms that it will never […]
Egypt unveils Fourth National Plan to combat illegal migration for 2024-2026Egypt launched its fourth national action plan to combat and prevent illegal migration for 2024-2026. In a recorded speech aired during the launch of the plan on Thursday, Prime Minister Mostafa Madbouly highlighted Egypt’s strong commitment to addressing the serious challenge of illegal migration, which […]
Burundi’s Foreign Minister Albert Shingiro has reiterated his country’s consistent position in favor of Morocco’s territorial integrity and unconditional support to the Kingdom’s sovereignty over its entire territory, including the Sahara region. This came during a meeting the Burundian official held in Rabat on Thursday with his Moroccan peer Nasser Bourita. Albert Shingiro also reiterated […]
The socio-economic development dynamic in Morocco’s southern provinces was highlighted during a meeting of the 4th Committee of the United Nations General Assembly, held Wednesday in New York. Speaking on this occasion, British lawyer Andrew Rosemarine stressed that the Moroccan Sahara is establishing itself as an economic hub and as a link between Africa and […]
The Economic Community of West African States (ECOWAS) is hosting a regional workshop in Lagos Oct. 8 through 11 to review and validate the Host Government Agreement (HGA) for the Nigeria-Morocco Gas Pipeline project. The workshop is a key step in the development of the gas pipeline, a strategic project spearheaded by King Mohammed VI […]
The European Investment Bank (EIB) is seeking to deepen its involvement in financing key development initiatives in Morocco, aligned with the country’s economic and social priorities. The remarks were made by EIB Vice-President Ioannis Tsakiris on Thursday in Rabat during talks with Minister of Economy and Finance Nadia Fettah. The EIB official reiterated the Bank’s […]
Fitch agency has maintained Morocco ‘BB+’ rating with a stable outlook thanks to the country’s sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable liquidity buffers. In 2023, Morocco’s economy grew by 3.4%, driven by strong non-agricultural sector performance and a rebound in agricultural output following a sharp contraction in 2022, said […]
Intra-African trade, still beyond potential, is poised to grow two-fold in the upcoming five years, secretary general of the African Continental Free Trade Area, Wamkele Mene, said. The African Continental Free Trade Area (AfCFTA) is the world’s largest free trade agreement by number of countries, territory, and population, encompassing 54 African Union member states. Covering […]
A delegation of U.S. Senators, led by Jerry Moran, held a meeting in Rabat on Monday with senior Moroccan defense officials that discussed various aspects of bilateral cooperation in matters of security, defense, and regional security, the National Defense Administration said in a press release. The Moroccan side was led by Abdeltif Loudyi, Minister Delegate […]