First Independent Mena Newspaper
Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of geopolitical tensions on the state budget, the government maintains its expansionary budget which has increased funding for social services. Morocco has adopted an ambitious development model to bolster the competitiveness […]
The Libyan army, backed by Tripoli government, has inked a deal with Turkey’s aerospace company (TUSAŞ) for the acquisition of several modern training aircraft of types (Hürkuş-C), Libya Observer reports. The deal was signed on the Libyan side by the Chief of Staff of the Air Force, Major General Muhammad Gojil, in the presence of […]
French Development Agency has pledged to enhance further its partnership with Morocco in its transition to a low-carbon economy based on clean industries in line with the international commitments made by the Kingdom to reduce CO2 emissions responsible for global warming. To help Morocco achieve its decarbonization goals, the French agency chief Rémy Rioux signed […]
Morocco has secured enough wheat stocks to cover four months of its needs as the agriculture ministry launched a tender to build additional stocks. Despite the surge in wheat prices due to the supply disruptions resulting from the Russia-Ukraine war, Morocco maintains its subsidies for soft wheat flour, government spokesman Mustapha Baitas said. The agriculture […]
Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries have expressed interest in Morocco’s fertilizer products, including Bangladesh, Brazil, Japan, Peru… Bangladesh is planning to import 40,000 tons of DAP (di-ammonium phosphate) fertilizer from Morocco’s phosphates and fertilizers producer, […]
The measures taken to end contraband, notably with the two occupied enclaves of Ceuta and Melilla, resulted in additional gains for the customs administration estimated at 4 billion dirhams ($400 million). In its annual report for 2021, the customs administration said Morocco’s crackdown on smuggling was backed by measures to create jobs and curb the […]
Italy has allocated €200 million to Tunisia in the form of loan and grant to support the North African country’s agriculture sector. The head of the Italian Agency for Development Cooperation made the announced Thursday while attending a business and investment forum in the city of Tataouine, Webdo Tunis reports. The support package will be […]
Washington will slash its economic assistance to Tunisia next year over the authoritarian path taken by authorities, said Samantha Power, the Administrator of the United States Agency for International Development (USAID). The US diplomat has not indicated the amount of the cut off but added that the move is due to “the disappointing turn taken […]
The Michigan Senate has adopted a resolution urging Congress to pass legislation that would allow farmers, along with trade associations representing farmers, to import fertilizers and fertilizer ingredients from Morocco. The resolution, endorsed Tuesday, was sponsored by republican Senator Curt VanderWall. It calls on lawmakers to petition the U.S. International Trade Commission to temporarily waive […]
The American giant of database management systems, Oracle Corporation, has announced the opening of a new branch of Oracle Labs, the company’s advanced research arm, in Casablanca, its very first Research and Development (R&D) laboratory in Africa. Oracle’s new lab will accommodate up to 100 researchers. Oracle’s cloud, artificial intelligence, and machine learning technologies will […]