First Independent Mena Newspaper
An Egyptian-Qatari Business Forum will be launched during the first quarter (Q1) of 2023, Mubasher reports citing sources familiar with the matter. Egypt’s General Authority for Investment and Free Zones (GAFI) has been mandated to arrange the event, the sources indicated noting that the forum will be launched at the Gulf country’s recommendation. A number […]
The French automotive tech company Faurecia, one of the world’s leading automotive suppliers, is set to open its fourth factory in Morocco, expanding thus its presence in the Kingdom. A memorandum of understanding relating to the creation of the new plant which will produce textile and leather covers for automotive seats, was signed last week […]
The World Bank has granted Egypt a new development financing of $500 million to support the “Takaful and Karama” program according to the Arab country’s Minister of International Cooperation Rania Al-Mashat. Takaful and Karama program supports the most vulnerable classes against the implications of the global economic crises and external shocks. The financing will support […]
Africa accounts for only 2.4% of global Gross Domestic Products (GDP), although the continent has approximately 30% of the earth’s remaining mineral resources, Economic Community of West African States (ECOWAS) revealed last week. Despite Africa’s disproportionately low share of the global GDP, the continent has the largest reserves of precious metals with over 40% of […]
Two Moroccan villages, Ksar Elkhorbat and Moulay Bouzerktoune, have been chosen lately by the World Tourism Organization among the best tourism villages in the world in 2022. Ksar Elkhorbat is a fortified village located in the province of Errachidia, while Moulay Bouzerktoune is a fishing village situated in the province of Essaouira. They have been […]
Moroccan businesswomen will benefit from technical assistance of the World Bank Women Entrepreneurs Finance Initiative (WB We-Fi) program to access to new markets through e-commerce. An agreement was signed lately in this regard by the WB officials with Moroccan ministry of Trade & Industry, Morocco’s SME Agency and the Federation of Moroccan Chambers of Commerce, […]
A memorandum of understanding relating to an investment project in the outsourcing sector was signed This week in Rabat between the Ministry of Digital Transition and the French Thales group. Under the MoU, the French entity is committed to invest more than 350 million dirhams in the cybersecurity sector, through the establishment of a nearshore […]
Although Côte d’Ivoire is the world’s top cocoa producing country, accounting for around 45% of the global cocoa beans production, the country receives just 4% of the chocolate industry’s estimated annual returns worth $100bn. Being on the “front lines of the climate crisis,” cocoa farmers in the region harvests suffer, so do their livelihoods, according […]
The Mohammed VI International University Hospital of Bouskoura has obtained ISO 9001 V-2015 certification. Through this new certification, the Hospital is thus strengthening its commitment to a policy of continuous improvement in the quality and safety of care. The hospital’s approach is centered on “patients” and is essentially based on respect for their rights and […]
The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and components in different regions of the Kingdom for a total investment of 1.96 billion dirhams. The framework agreement between Morocco and Sumitomo corporation for the development of these industrial projects […]