First Independent Mena Newspaper
Morocco considers itself in no way concerned by the ruling on the agricultural and fisheries agreements issued by the European Union Court of Justice this Friday, says the Ministry of Foreign Affairs, which stresses that the Kingdom was not involved in any phase of the proceedings. “Morocco is not a party to this case, which […]
OCP Africa, a subsidiary of Morocco’s OCP Group, the world leader in plant nutrition solutions and phosphate-based fertilizers, will provide Malian farmers with customized solutions for the development of sustainable agriculture. Under an agreement signed Thursday with Mali’s ministry of agriculture, OCP Africa experts will conduct scientific studies and carry out tests in experimental plots […]
Morocco has launched a tender for 60,000 tons of rail to extend Africa’s fastest train to Marrakech. Morocco has inaugurated the high-speed train, known as TGV or Bourak in Arabic, in 2018 linking Casablanca to Tangier. The new railway would cost 612 million dirhams ($62 million), Moroccan state-owned rail operator ONCF said. Morocco’s extension of […]
Morocco extended by five months financial assistance offered to quake-hit households, after the expiry of the first 12-month phase in October, the head of the government’s office said in a statement. Morocco has offered 2500 dirhams ($250) to families who have been hit by the quake of September 8, 2023, that hit the Atlas mountains […]
Morocco has launched a reconstruction plan in flood hit areas worth 2.5 billion dirhams ($260 million), the government said. The plan will be funded by the Moroccan fund for addressing natural disasters, the head of the government office said. The funds include financial aid to help rebuild 1,121 houses, including 269 homes that have been […]
Morocco topped the list of African countries where workers earn the highest salaries, according to a survey by Nigerian media the Vanguard. Morocco came first on the list “with an average salary of $2,031 due to its diversified economy, strong sectors like tourism, textiles, and mining, and strategic investments in infrastructure,” the media said. The […]
The automotive sector continues to top Morocco’s exports in the first eight months this year at 10.3 billion dollars, up 7.6%, Morocco’s foreign exchange agency said. Morocco is home to two production plants by Renault and Stellantis and has an ecosystem of parts producers as it has also attracted Chinese EV battery manufacturers. Despite consecutive […]
Morocco’s tourist receipt grew 20% in August to a record 17 billion dirhams or $1.75 billion, underscoring a strong recovery of the sector, the tourism ministry said. In the first eight months this year, travel receipts increased 7% to 76 billion dirhams ($7.8 bln), it said in a statement. “These results confirm the unprecedented momentum […]
The newly appointed Governor of the Central Bank of Libya (CBL), Naji Belgassim, and his Deputy, Marie Al-Barasi, were officially sworn in during a House of Representatives (HoR) session in Benghazi on October 1. During the session, HoR First Deputy Speaker Fawzi Al-Nuwairi stressed the need to keep the CBL free from political interference and […]
King Mohammed VI has expressed his eagerness to promote and expand the close and promising relations existing between Morocco and China that he described as “model” relations. This came in a message of congratulations that the Monarch addressed to President Xi Jinping on China’s National Day. In his message, the King highlighted the “excellent level” […]