First Independent Mena Newspaper
China’s president Xi Jinping on his way from a G20 summit in Brazil stopped for a short visit in Morocco, an event that is reflective of the interest of Beijing in Morocco as a rising regional power and economic hub. Xi Jinping was received in Casablanca by Crown Prince Moulay El Hassan and Prime Minister […]
Moroccan competition regulator fined Viatris $0.7 mln for failing to notify it of a merger, sources told Reuters. Viatris was created out of a merger between Upline and Maylan, which has business in Morocco. The fine amounts to 2.5% of Vitaris local Morocco operations and was already paid to the treasury. The council was also […]
The autonomy plan presented by Morocco for the Sahara focuses on dialogue and international law, and promotes the well-being of the populations concerned, said Romenio Pereira, Secretary for International Relations of Brazil’s ruling party, Workers’ Party (PT). “A more explicit support for the autonomy plan presented by Morocco can, of course, be considered, since this […]
Speaker of Libya’s House of Representatives (HoR), Aqila Saleh, announced on Wednesday, November 20, a further reduction in the tax on foreign currency transactions, lowering it to 15% from the previous 20%. This adjustment applies to all purposes and marks the second decrease in what is commonly referred to as the “dollar tax.” Last October, […]
The 19th edition of the International Building Exhibition (SIB) opened on Wednesday, November 20 at the Mohammed VI Exhibition Center in El Jadida, under the theme “Controlled implementation, valued materials and buildings.” The event, held until November 22, is under the High Patronage of King Mohammed VI and was inaugurated by Minister Fatima Ezzahra El […]
Representatives from nearly 50 U.S. agribusinesses & trade groups and 14 state departments of agriculture will visit Casablanca Dec. 2-5 to explore joint business opportunities and expand U.S. farm & food exports to Morocco and other West African markets. The trip of this American trade mission is organized by U.S. Department of Agriculture (USDA). “This […]
A conference tackling the development of a multi-dimensional partnership between Morocco and Austria was held in Vienna on Wednesday, at the initiative of Moroccan Millennium Leaders (MML) and Austria’s Young Professional Network. A number of elected representatives, economic operators, community actors and academics attended this event, part of the Moroccan civil society’s commitment to promoting […]
As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]
Higher food prices triggered a surge in the inflation rate to 33.9% in Nigeria in October, up from 32.7% a month earlier, the national statistics agency said. The jump was attributed to a steep rise in the prices of staples such as maize, rice, and cooking oil, the agency said. In a bid to tame […]
Australian mining company, Resolute Mining, said it has accepted to pay $160 million to settle a tax dispute with the Mali government, after authorities detained its British CEO. The company agreed to an immediate settlement of $80mln from available funds, with the rest to be paid later, the media reported. The CEO was detained along […]