First Independent Mena Newspaper
Morocco has attracted a new heavyweight investor to its burgeoning aerospace ecosystem thanks to its political stability, geostrategic position, modern infrastructures, skilled manpower, tax incentives and free-market economy. On Tuesday, Pratt & Whitney, an American aerospace manufacturer with global service operations, announced at Paris airshow that it will build a facility in Casablanca to manufacture […]
Morocco’s Central Bank has decided to keep its key interest rates unchanged at 3 pc due to persistent inflation fueled by soaring food prices and the war in Ukraine which continues to affect global economy. The decision was made Tuesday by the Board of Bank Al Maghrib during its second quarterly meeting held to discuss […]
The large-circulation daily in the USA has ranked Marrakesh among seven great cities in the world that offer great walks and the pleasures of strolling through their urban landscape. In an article entitled “In 7 Great Cities, 7 Great Walks”, the newspaper said that they asked writers in cities around the world to suggest routes […]
Morocco’s central bank governor Abdellatif Jouahri advocated a cautious approach in adopting central bank digital currencies (CBDCs), recalling that the bank set up a working group to look at the matter in 2021. Speaking to a conference attended by IMF chief Kristina Georgieva, Jouahri underscored the urgent character of examining CBDCs which have a role […]
Visiting IMF managing director Kristina Georgieva praised Morocco for its economic reforms while saying the country was the ideal place for holding the IMF-WB annual meetings next October. Following talks with head of Moroccan government Aziz Akhannouch in Rabat, Georgieva said Morocco knew how to navigate the post-covid crisis thanks to targeted government actions. She […]
The integrated action plan of the national roadmap for the eradication of child labor in Morocco by 2030, was adopted, Monday in Rabat, during a national tripartite seminar organized under the chairmanship of the Minister of Economic Inclusion, Younes Sekkouri. The action plan, adopted as part of the Kingdom’s commitment to achieving target 8.7 of […]
The national Conference on the protection of children in contact with the law kicked off on Monday in Skhirat, in the presence of a host of eminent figures from the political, legal and cultural worlds. Initiated by the Presidency of the Public Prosecutor’s Office, in partnership with UNICEF, and with the support of the European […]
Holding the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco is a “judicious” choice, said IMF Managing Director Kristalina Georgieva Saturday. “The choice couldn’t have been more judicious,” Georgieva told reporters upon arrival in Rabat to take part in a series of preparatory meetings for the 2023 […]
Four more African countries, namely Côte d’Ivoire, Liberia, Guinea, and Benin, have signed memoranda of understanding with Morocco and Nigeria to participate in the flagship Nigeria-Morocco gas pipeline project. The signing took place at the headquarters of the Economic Community of West African States (ECOWAS) in Lagos, Nigeria, in the presence of Amina Benkhadra, the […]
Moroccan-Israeli relations are gaining momentum as evidenced by the growing number of cooperation deals sealed by the two countries in various sectors, including tourism, defense, industry, scientific research, agriculture, water, IT, healthcare, and security. On Friday, the two countries agreed to strengthen their cooperation ties in the health sector under an agreement inked in Rabat […]