First Independent Mena Newspaper
Secretary General of the executive committee of the Palestine Liberation Organization (PLO) Hussein Al-Cheikh has commended the firm and unwavering support of King Mohammed VI to the Palestinian cause and the establishment of an independent Palestinian state. “The Moroccan stance regarding the establishment of an independent Palestinian state with East Jerusalem as its capital is […]
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, arrived in Marrakech on Friday afternoon leading an IMF delegation, to take part in the Annual Meetings of the World Bank Group and the IMF, scheduled for October 09-15. Georgieva, who was greeted at Marrakech-Menara international airport by Minister of Economy & Finance, Nadia […]
Morocco is set to enhance its food sovereignty by making available an additional million hectares dedicated to cereals, agriculture minister Mohamed Sadiki said. Morocco imports between 3 and 5 million tons of soft wheat depending on its own drought-affected output. This year, Morocco had a below average cereals harvest and is expected to import up […]
Marrakech, the Red city, has been well-prepared to host the IMF-World Bank annual meetings, a few weeks after a devastating earthquake killed some 3000 people. The city was spared the severe damage suffered in the Atlas Mountains where whole villages have been wiped out. Moroccans raced the clock removing the rubble and making a facelift […]
World leader in the design, manufacture and service of aircraft engines and auxiliary power units, Pratt & Whitney, invested $100 million in a plant that underscores the development of the aeronautical industry in the country. The 120,000 m2 plant will be ready in 12 months and would employ 200 people, Morocco’s industry ministry said. Pending […]
One month after a devastating earthquake, Moroccans jubilated at the news of the country co-hosting the 2030 together with Spain and Portugal. Beyond the sports significance, the tournament will give a much needed boost to Morocco’s economy as it forges ahead with earthquake reconstruction and as it also plans to meet its new development model […]
Former British Foreign Service Officer, Arthur Snell, has described Morocco as a rising power, saying the country, which was rocked last month by powerful quake, remains undeterred and is now preparing to host the IMF-WB annual meetings from 9 to 15 October 2023. In an Op-Ed posted by U.S. Newsmax TV channel, Mr. Snell, who […]
Togo and the Arab Bank for Economic Development in Africa (BADEA) signed Thursday a $16 million loan earmarked to provide support for the West African country’s Small and Medium Enterprises (SMEs). Togo’s Finance Minister Sani Yaya and the BADEA President Sidi Ould Tah inked the financing deal on the sidelines of the ongoing Africa SME […]
The International Monetary Fund (IMF) has announced that sub-Saharan Africa will be allocated a third seat on the global lender’s executive board, while the World Bank has warned the central banks in Nigeria, Ethiopia, and Uganda not to overplay their hand in getting involved in risky monetary initiatives. Sub-Saharan Africa will have a “stronger voice” […]
King Mohammed VI has appointed this Thursday Fouzi Lekjaa, President of the Royal Moroccan Football Federation (FRMF) Chairman of the World Cup 2030 Committee, the Royal Office said in a statement. The appointment came during an audience the Sovereign granted to Lekjaa who doubles as Minister Delegate in charge of the Budget. The appointment follows […]