First Independent Mena Newspaper
Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, was named “Best Central Banker in Africa for 2024” by the London-based financial and international affairs magazine “The Banker”, affiliated to the “Financial Times” group. The Banker’s Central Banker of the Year 2024 awards celebrate the officials who have best managed to stimulate growth and stabilize their economy. […]
Morocco is matching words with actions as far as making the Sahara territory a bridge to the rest of Africa through win-win partnerships. The Atlantic initiative, spurred by King Mohammed VI, aims to benefit landlocked Sahel countries from the future 1bln Dakhla port and other logistics and infrastructure to help them access global trade and […]
Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling possible cuts of up to 75 basis points in the coming year. New forecasts from central bank officials showed a turn from the hawkish rate environment Fed Chairman Jerome Powell […]
Marrakech was ranked among the World’s top trending destinations in 2024 for vacation, rental platform Airbnb said. The Red city, known for its well-preserved centuries-old monuments and vibrant nightlife, was ranked 6th among 24 most attractive cities to visit this year, Airbnb said in a recent report. The ranking evidences the city’s resilience a few […]
Egypt’s Ministry of Transport will hold a Conference on Wednesday January 3 in the New Administrative Capital to explore ways to enhance the establishment of local and international marinas and boost yacht tourism in the North African country, Ahram Online reports. Investors and stakeholders in yacht tourism and marina construction, investors in coastal villages and […]
Morocco has stepped up its extensive social reform program by introducing direct financial assistance for needy families. As of this December 28, nearly one million families, or 3.5 million Moroccans, started receiving direct financial assistance for the first time. This long-awaited measure ensures a minimum amount of 500 dirhams (about 45 euros) per month, regardless […]
Morocco ranked fifth in the list of African countries ready to effectively integrate AI into public services, according to the Oxford Institute AI readiness index. With an overall score of 43.34 out of 100, the Kingdom is becoming increasingly ready to embrace and implement the technology, according to the “Government AI Readiness Index 2023” report, […]
The governor of the Central Bank of Seychelles (CBS) Caroline Abel, will leave her position in March 2024 when her contract ends. C. Abel made the announcement during the CBS press conference on the monetary policy for the upcoming three months, State-run news agency reports. “Today is my last press conference as governor of the […]
United Arab Emirates (UAE) and Congo have sealed a comprehensive bilateral trade agreement that is expected to reduce or eliminate tariffs, remove unnecessary trade barriers, and improve market access. Thani Al Zeyoudi, UAE Minister of Trade announced the deal on X, former Twitter. “The breadth of the UAE’s trade network continues to broaden as we […]
Morocco’s football fairytale continues to inspire and impress the world which has recognized the major strides accomplished by the country in the field of sports under the leadership of King Mohammed VI. In early October 2023, the success-story of the North African Kingdom was crowned with the announcement made by the Monarch to the Moroccan […]