First Independent Mena Newspaper
Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced. A delegation of the Chinese group visited the region where officials introduced competitive attractions to help the company export […]
Princess Fahda, wife of Saudi Arabia’s King Salman and mother of Crown Prince Mohammed Bin Salman is spending her vacation in the northern Moroccan city of Tangier. The Saudi Princess was accompanied by a large delegation including other princes and princesses, Saudi Royal palace officials and other dignitaries, according to le360 news website. Morocco has […]
Morocco has warned against the terrorism-separatism nexus before the 44th ASEAN Inter-Parliamentary Assembly currently held in Jakarta saying this nexus threatens the territorial integrity of States. The alarm was sounded by Rachid Talbi Alami, Speaker of the Moroccan House of Representatives, which is participating in this conference in its capacity as an observer member of […]
The United Arab Emirates (UAE) has emerged as Africa’s largest provider of foreign direct investment (FDI), funnelling $59.4 billion into key high-growth sectors such as infrastructure, energy, transport, logistics, and technology. The UAE has joined the bandwagon of world powers scrambling for commercial dominance in Africa, targeting a share of the continent’s 1.2 billion people […]
Morocco’s fruits and berries export revenues have grown significantly reaching $7.1 billion in cumulated volume over 2018-2022, ‘East Fruit’ reported. In 2022 alone, export of fruits and berries totaled $1.7 billion, the media also noted. Moroccan fruits and berries during the same period were available on the markets of 122 countries, with Spain, France, the […]
Russian President Vladimir Putin announced that his government is actively working on preparing trade agreements with four Arab countries, with Morocco being one of the key partners. The announcement was made during a Cabinet meeting, reported the Russian news agency, TASS. In his address, Putin said his nation is focused on establishing free trade zones […]
Thanks to a humane and united policy carefully designed under the leadership of King Mohammed VI, Morocco shows a way forward in terms of managing the migration issue in Africa, underlines the prestigious American think tank, Wilson Center. In an analysis published by the think tank, Stephen King, Professor of Political Science at Georgetown University, […]
Zanzibar has put 12 new oil and gas exploration blocks up for grabs, which in line with President Hussein Mwinyi’s $2.4 billion plan to entice shipping, oil exploration, and seaweed processing while fostering the “blue” economy, as the East African country is looking to explore other economic options outside of tourism Suleiman Masoud Makame, Zanzibar’s […]
Guinea authorities, Thursday August 3, gave August 31 ultimatum to mining companies operating in the country to repatriate at least 50 per cent of their revenues from exports. The warning came from the ministry of Mining and Geology, citing articles of the Guinea’s mining Code. Moussa Magassouba head of the department addressed the companies in […]
Sentury Tire, a Chinese tire manufacturing giant, will build a first Morocco tire facility in the North of the country, 35 km from Tanger-Med port, Africa’s largest container port which handles over half of all cargo going through Moroccan ports. The deal okaying the plant breaking ground and operationalization was signed by the company’s manager […]