First Independent Mena Newspaper
King Mohammed VI has been briefed on the progress made in the revamp of enterprises in which the state is a stakeholder with the aim of improving governance, regional influence, promoting investments and territorial development, and enhancing competitiveness. This came in a statement by the spokesman for the Royal Palace following a ministers’ council chaired […]
Moroccan pharmacies start as of this June 1 selling legal cannabis products, notably food supplements and cosmetics, the pharmacies union (CSPM) said. In total, nine cannabis-based food supplements and ten cosmetic products will be available on pharmacy shelves after receiving the greenlight of regulators, Le360 cited CSPM sources. Producers could also sell independently in their […]
Newly elected Senegalese president Bassirou Faye started a regional visit with Mali and Burkina Faso in a bid to strengthen ties with neighbors that quit the regional bloc ECOWAS in protest over sanctions following their consecutive coups. In Bamako, Faye held talks on the ECOWAS with Mali’s leader Col. Assimi Goita. Following the talks, he […]
Japan has welcomed this Friday Morocco’s “serious and credible efforts” within the framework of the autonomy initiative to settle the Sahara issue. This position was expressed by Japan’s Foreign Minister, Yoko Kamikawa, during talks in Tokyo with her Moroccan peer Nasser Bourita, the Japanese Foreign Ministry said in a statement. Based on Japan’s “consistent” position, […]
As a growing number of giant Chinese companies chose to invest in Morocco for its political stability and competitive assets, the Algerian regime became extremely worried to see its neighboring country taking the lead and thriving while Algeria is lagging behind and sinking into the abyss. In a desperate move to address the situation, Algerian […]
Morocco expects to further cut its fiscal deficit from 4% in 2024 to 3.5% in 2025 and 3% in 2026, despite an increase in spending on social protection, Fouzi Lekjaa said. The deficit was at 7.1% when the government took office in 2021, at a context marked by a recovery from the economic impact of […]
Morocco plans to increase its car production capacity from 700,000 cars currently to 1 million next year and 1.4 million in four years, industry minister Ryad Mezzour said. “The goal is to reach a capacity to produce 1.4 million cars within the next four years, given the existence of the electrical car sector which will […]
A partnership agreement providing for the opening of two Oracle Cloud regions in Morocco was inked, Wednesday in Marrakech, between the U.S. technology group Oracle and the Moroccan ministry of Digital Transition and Administration Reform, the ministry of Investment, Convergence and Evaluation of Public Policies, and the Moroccan Agency for Investment and Export Development (AMDIE). […]
The Board of Directors of the African Development Bank (AfDB) has approved an €84 million funding for the sustainable development of forest areas in Morocco, meant to enhance climate resilience and promote local entrepreneurship. The project meant to support the inclusive and sustainable development of forest areas in Morocco aims to contribute to strengthening the […]
The prospects for developing economic and commercial exchanges between Morocco and China were reviewed by the two countries’ Foreign Ministers at a meeting held Wednesday in Beijing. Visiting Foreign Minister Nasser Bourita and his Chinese peer Wang Yi, focused in their talks on the opportunities offered by Morocco’s global trade, through the encouragement of Chinese […]