First Independent Mena Newspaper
The World Bank has added $100 million to an existing $200 million loan to help Morocco manage natural risks and hazards. “Protecting the people and economy against natural hazard can save Morocco over US$800 million a year,” said Jesko Hentschel, World Bank Maghreb Country Director. “Developing more resilience to the risk of natural disaster is […]
Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]
Morocco has in recent years stepped up efforts to diversify partners within the EU and outside it, said Foreign Minister Nasser Bourita. Bourita, who made the statement following talks with Hungarian peer Peter Szijjarto, noted that Rabat looks at Hungary as a platform to access the Eastern European market. In this respect, Bourita said Morocco […]
The pan-African magazine “Jeune Afrique” highlighted, Tuesday, the good performance of Tanger Med port, that it described as the trendy giant despite the COVID-19 pandemic, noting that its results at the beginning of the year have surpassed those of 2020. “The Moroccan hub continues to draw its path in the Mediterranean Sea, where it has […]
Morocco has opened its airports to international passenger traffic with most of tourism emitting countries giving a brim of hope for tourism professionals who have borne the brunt of Covid-19 travel bans. After a tough 2020 year in which tourism revenues fell by 53.8% to 36.3 billion dirhams ($3.8 billion), travel receipts further dropped by […]
Trade between Morocco and the United States has increased fivefold since 2005, the year before the entry into force of the Free Trade Agreement (FTA) between the two countries, to reach 5 billion dollars in 2019, said, Monday in Casablanca, the Chargé d’Affaires of the US Embassy in Morocco, David Greene. This commercial dynamic has […]
Orange Middle East and Africa and AXA Assurance Maroc have acquired a majority stake in DabaDoc, the Moroccan health-tech company digitalizing access to healthcare in Africa. The financial terms of the transaction, announced Monday, have not been disclosed. DabaDoc, which was set up in 2014, is an online platform offering access to healthcare services in […]
Morocco will re-open its airports to international flights on June 15 as it continues a steady vaccination campaign in tandem with a careful lifting of measures to curb the spread of the virus. All Moroccan and foreign travelers have to submit either a proof of vaccination against coronavirus or a negative PCR test no older […]
The World Bank has approved a $450 million loan to support Morocco’s long-term strategy to strengthen human capital and fund the 3rd phase of the country’s National Initiative for Human Development, focusing on early childhood development (ECD). “Morocco’s future social and economic trajectory is conditioned by improving its ability to accelerate progress in accumulating human […]
Abu Dhabi-based Etihad Airways will resume flying to capital Rabat as of June 23 as the UAE officials have added Morocco to the green list from where incoming passengers do not need to quarantine upon arrival, Gulf Business reports. The twice weekly flights to Rabat will be operated by a Boeing 787-9 Dreamliner. The North […]