First Independent Mena Newspaper
Senegal’s newly elected president Bassirou Faye said he will seek the re-integration of military ruled Mali, Niger, and Burkina Faso to the Western African community ECOWAS. The three states have jointly announced their withdrawal from the ECOWAS, in protest over sanctions it imposed on them to pressure for a return to constitutional order. “We can […]
Morocco’s spending on social assistance would amount to $9 billion, representing some 8% of the country’s GDP, minister in charge of the Budget Fouzi Lekjaa said. Lekjaa was speaking before MPs explaining the logic behind cutting cooking gas prices, which come after a series of measures aiming to boost purchasing power of poor and middle-class […]
Morocco offered a donation of 200 tons of fertilizers to 10,000 households in Guatemala, where nearly half the labor force depends on agriculture, Morocco’s diplomatic mission said. Guatemalan agriculture minister Maynor Estrada said the donation was consistent with efforts to develop farming and fight poverty in agriculture-dependent areas. Moroccan ambassador to Guatemala Tarik Louajri said […]
Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]
Morocco and the World Bank (WB) signed in Rabat Monday the Rapid Response Option (RRO) agreement, a significant step in enhancing the Kingdom’s capacity to swiftly address emergencies and provide crucial support to its citizens. The agreement was signed by Minister of Economy and Finance, Nadia Fettah, and WB Country Director for the Maghreb and […]
Tanger Med Port has seen volumes handled up 10% in the first quarter this year, compared to last year when it posted a record performance both in terms of containers and tons, wrote Le Monde. The port continues to be the largest in the Mediterranean, outperforming competitors such as Barcelona and Algeciras, the French daily […]
Morocco’s industry and trade ministry has found that the electric oven’s market is marred by dumping and plans to impose import duty of up to 62%, Moroccan media reported. Citing unnamed ministry sources, le360 said the dumping rate was as high as 74% in the electric oven’s market. Ovens by Turkey’s ITIMAT will be subjected […]
The American TV channel CNN broadcast lately a report on the Dakhla Atlantic Port, describing the project as a major infrastructure that will enhance economic integration in Africa and drive trade across the continent. In its program “Connecting Africa”, CNN stated that the Moroccan dream of creating an economic trading hub for West Africa and […]
The United Nations Educational, Scientific and Cultural Organization (UNESCO) presented its latest artificial intelligence readiness assessment report for Morocco at a national conference on AI development in the Kingdom held in Rabat on Friday. The report, result of close collaboration between the Ministry of Digital Transition and Administration Reform and UNESCO, covers various aspects of […]
Morocco and the World Bank have reaffirmed their shared will to strengthen their cooperation, and called, in this connection, for the acceleration of their partnership through a new joint roadmap This came during a meeting in Washington between Morocco’s ambassador to the United States, Youssef Amrani, and the president of the international financial institution, Ajay […]