First Independent Mena Newspaper
King Mohammed VI highlighted the relevance of Morocco’s Atlantic initiative that aims at promoting regional integration by offering landlocked Sahel countries access to the Atlantic and global trade. This came in a speech read on the King’s behalf before the 15th Summit of the Organization of Islamic Conference (OIC), held in Banjul April 4-5. In […]
Morocco’s stock exchange is on a charm offensive in London to promote initial public offerings and expose merits of listing for companies that seek to boost liquidity. Speaking to Reuters, head of Morocco’s stock exchange Tarik Senhaji said he expects the bourse to attract 3 to 5 IPOs annually. The reform of state-run enterprises would […]
Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]
Two prestigious British newspapers, The Telegraph and The Independent, have shown interest in an underwater link project between Morocco and Spain, saying the dream could become a reality by 2030 thanks to the World Cup to be jointly organized by the two countries with Portugal. This week the Moroccan National Company for Strait Studies (SNED) […]
After some four decades, the idea of a rail link between Morocco and Spain floats again as the two countries, together with Portugal, prepare to host the 2030 World Cup. International media is speaking of underway surveys on the project that would boost connectivity between Europe and Africa. During his most recent visit to Morocco, […]
A group of UK former officials, MPS and security pundits urged their country to back Morocco’s autonomy plan, describing it as conducive to regional security and serving UK’s interests. Among the speakers at a conference held as part of an event showcasing Morocco’s investment opportunities, Liam Fox reiterated his call on the UK government to […]
The International Monetary Fund has praised the resilience shown by Moroccan economy to challenging external conditions. Despite water scarcity, the September 2023 earthquake, and country’s economic activity picked up to 3 % in 2023 thanks to strong exports and a rebound of domestic demand In a press release issued Wednesday, the Fund’s Executive Board, which […]
The 3rd Arab Economic and Cooperation Forum with the countries of Central Asia and Azerbaijan, held on Tuesday in Doha at the level of Ministers of Foreign Affairs, Finance and Economy, highlighted the importance of the role of the Presidency of the Al-Quds Committee. In the Doha Declaration issued at the end of the Forum, […]
Easy movement of people in Africa, also facilitated by affordable airfares, without the hindrances of state boundaries, is one of the key prerequisites for the full implementation of African Continental Free Trade Area (AfCFTA), according to stakeholders in the continent’s aviation industry. Air transport, which facilitates free movement of people across nations with liberalized inter-state […]
The London-based energy company SDX said it has started gas production in Morocco after receiving government’s approval. SDX well is located in the Gharb region not far from Kenitra, where there is an industrial zone including automotive plants that need gas for industrial operations. Morocco considers gas a transition energy to cut its carbon footprint […]