First Independent Mena Newspaper
Libya’s stock market re-opened Monday December 25 for trading in the buying and selling of shares for entities listed in the Libyan Stock Market nine years after closure. Prime Minister Abdul Hamid Dbeibah attended the ceremony, local media Libya Observer reports. “This is a rebirth for the Stock Market sector, which enjoys a high position […]
Egypt, Iraq, and Jordan are putting the final touches to start operations on the first stage of the Arab Trade Line, the first-ever shipping/logistics line connecting several countries from the Arab Gulf to Egypt on the way to European and American ports, Ahram Online reports. Work is underway to build the Taba–Arish trade/logistics railway corridor, […]
The European Commission has approved a €177 million assistance for Morocco within the frame of the Integrated Program for the reconstruction and comprehensive upgrade of the disaster areas (2024-2028), which was drawn up by Moroccan authorities following the earthquake that struck Al Haouz on 8 Sept. 2023. Furthermore, in a joint effort between the EU […]
The Seychelles Fishing Authority (SFA) introduced a license for the fishing of the spanner crab species, the country’s State-run news agency reports citing a top official. Several factors, including the fact that more and more fishing units are getting into this sector, have motivated the move, Karyss Auguste, the assistant manager for license at the […]
Canada’s development financial institution, Findev Canada, has approved recently a €20mln loan to the West African Development Bank destined to boost agri-food and renewable energy in West Africa. The loan is the very first agreement between the Canadian financial institution and the West African Development Bank. It will increase financing for agri-food businesses and the […]
Burkina Faso, Chad, Mali, and Niger have welcomed the international initiative announced by King Mohammed VI to enable these African landlocked countries have access to the Atlantic Ocean, a project that will transform the economies of these countries and the entire region. The supportive stand was voiced Saturday in Marrakesh by the Foreign Ministers of […]
Four landlocked countries in the Shael welcomed the initiative launched by Morocco’s king to facilitate their access to the Atlantic coast, a goal that requires investments in infrastructure and a co-development approach. Mali, Niger, Burkina Faso, and Chad expressed at a meeting hosted by Morocco’s foreign minister Nasser Bourita in Marrakech Saturday their gratitude to […]
Mali’s Foreign Minister Abdoulaye Diop affirmed on Saturday in Marrakech that Mali is “strongly engaged” in King Mohammed VI’s international initiative to facilitate the access of Sahel countries to the Atlantic Ocean, pointing out that granting water means granting life, and Morocco has chosen to grant the sea to non-coastal countries. The remarks were made […]
The ministerial coordination on the international initiative of King Mohammed VI to promote access of the Sahel countries to the Atlantic Ocean started this Saturday in Marrakech, with the participation of Mali, Niger, Burkina Faso, and Chad. The royal initiative was unveiled in the speech delivered on the 48th anniversary of the Green March, wherein […]
Morocco and Indonesia signed, Friday, a memorandum of understanding (MoU) to establish a strategic partnership between the two countries. The MoU was signed following talks in Rabat between Morocco’s Minister of Foreign Affairs, Nasser Bourita, and his Indonesian peer, Retno Marsudi. The MoU aims to diversify and expand cooperation areas, notably in matters of security […]