First Independent Mena Newspaper
As Algerians continue to suffer in long queues for basic goods, the military regime in Algeria has allocated its defense department a bloated budget of 21.6 billion dollars in 2024, up from 19 billion this year. The army thus widens the gap with other departments as the largest spending sector, mirroring its position as a […]
The “Riyadh Declaration” issued at the end of the Saudi-African Summit, held on Friday, stressed the importance of strengthening cooperation in the fields of air and sea transport, as well as logistics services, to serve the mutual interests of both parties. The Riyadh Summit will thus have interacted positively with King Mohammed VI’s forward-looking vision […]
Morocco was ranked among the top 16 countries with the world best road network following a study by a New Jersey based media. With a mean speed score of 95, Morocco was ranked as the 16 country with the world’s best roads, said the media InsideMonkey.com in a study that looks at the world’s 20 […]
Ondas Holdings Inc., a leading provider of private industrial wireless networks, commercial drones & automated data solutions, announced Thursday it has signed a deal with Maghrebnet, a Moroccan vendor specialized in information technologies, security, networks, telecoms and renewable energies. Through this partnership, Ondas expands into the Moroccan and broader North African market, offering advanced drone […]
Morocco plans to build a second 60 km-long waterway to meet the needs of Tangier whose dams have been hit by consecutive droughts. The new infrastructure will be able to supply up to 600 million cubic meters of water to Tangier from the dam of Oued Makhazine, le360.ma cited water department officials as saying. The […]
UK Yourgene Health company (part of Novacyt group, a leader in molecular diagnostics, has launched the first non-invasive prenatal testing (NIPT) in Morocco at the Centre de Biologie Riad in Rabat. By offering this advanced service, the Moroccan Laboratory can broaden its offering and provide pregnant women fast, reliable results that reduce the need for […]
Africa Development Bank (AfDB) has announced the launch of the Special Agro-Industrial Processing Zones Alliance (SAPZ) to mobilize at least $2 billion in financing and investment commitments from its members to develop the continent’s food and agribusiness industry over the next five years. The project has been hailed as a significant step towards making Africa […]
the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]
The European Union, EU, is poised to renew its current fisheries agreement with Mauritania coming to an end next year, Spain’s Minister of Fisheries Isabel Artem reportedly indicated Wednesday November 8. Both sides inked in November 2021 the agreement that allows the European fleet to access Mauritanian waters for the fishing of approximately 290,000 tons […]
Egypt’s Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the country, a statement from the office of Prime Minister Mostafa Madbouly said, without specifying the names of the concerned companied. The statement came following a Cabinet meeting on Tuesday November […]