First Independent Mena Newspaper
Late rainfall is auguring ill for this year’s crop year in Morocco amid a depletion of water dam filling rate to worrying levels. Last year Morocco had an exceptional cereals harvest of 13.5 million tons and exports of agri-food products rose 9.2% to 69 billion dirhams. This year however farmers are ringing the alarm bell […]
The Middle East and North Africa region (MENA) suffers from excessive air pollution whose cost amounts to $141 billion annually, or around 2% of GDP, the World Bank said in a report released on Monday, urging the region to adopt a green economic policy. The report, titled “Blue Skies, Blue Seas: Air Pollution, Marine Plastics, […]
Trade between Morocco and its partners among the member states of the Organization of Islamic Cooperation (OIC) reached more than $9 billion in 2020, an official from the Ministry of Industry and Trade said on Tuesday. Speaking at the opening of the 20th meeting of Economic Advisers to the Embassies of OIC Member States accredited […]
Egypt is seeking another financial support from the International Islamic Trade Finance Corporation (ITFC) to back micro-, small-, and medium-sized enterprises (MSMEs) after the country secured last month $2.6 billion to fund developmental projects. The Ministry of Planning and Economic Development Monday indicated that the signing will take place this month, Arab Finance reports. The […]
Morocco and Qatar signed, Monday in Doha, six agreements and memoranda of understanding in various sectors on the occasion of the holding in Doha of the 8th session of the High Joint Commission. The accords cover the fields of endowments and Islamic Affairs; tourism; trade, as well as financial control between the two countries’ audit […]
The Moroccan Sahara region “is experiencing an unprecedented economic boom,” writes the magazine L’Essentiel des Relations Internationales in a special report on the occasion of the 35th African Union Summit held in Addis Ababa Feb. 5-6 “The Sahara region is experiencing an unprecedented economic boom, which is supported by an international diplomatic momentum in favor […]
The Tunisian government has recovered a portion of money stolen by members of late President Zine el-Abidine Ben Ali’s regime, deposited in Swiss banks, the North African country’s lawyer in charge of the State’s litigation has revealed declining to indicate the amount. Ali Abbas told local media Assabah that the sums have been recovered after […]
Morocco’s car industry sales rose 16% to stand at 84 billion dirhams, or $9 billion, contributing largely together with phosphates and agri-food products to a significant rise in exports. Morocco is home to two plants of French carmakers PSA and Renault as well as car part suppliers. Last year’s car exports outperformed pre-pandemic levels posted […]
The French Development Agency (AFD) celebrated on Monday, January 31, 2022, in Rabat, 30 years of cooperation with Morocco, a period during which it mobilized €7.6 billion for development projects. During a ceremony, co-chaired by the French ambassador to Morocco, Hélène le Gal, and the director of AFD in the Kingdom, Mihoub Mezouaghi, the French […]
A special program has been set up to support Moroccan beekeepers affected by the phenomenon known as “Bee Colony Collapse Disorder”, noted recently in some regions of the country, announced Sunday the Ministry of Agriculture. The government has thus earmarked 130 million dirhams to take immediate measures through the support of beekeepers for the reconstruction […]