First Independent Mena Newspaper
The African Development Bank (AfDB) has renewed its commitment to support a socially inclusive and ecologically sustainable recovery in Morocco, said the Bank country manager for Morocco Brice Mikponhoue. Speaking at the opening of a remotely-held seminar on social and environmental safeguards that frame AfDB’s operations in the Kingdom, Mikponhoue said that this joint event […]
Israeli airline, Israir, said it will launch direct flights linking Tel Aviv to Marrakech on July 19, seven months after the two countries agreed to resume diplomatic ties and launch direct flights. Israir said it plans to operate five direct flights between Tel Aviv and Marrakech weekly. “We estimate that the demand will be high […]
The European Investment Bank (EIB) has provided Moroccan CIH Bank with a €60 million funding destined to support SMEs affected by the global health crisis generated by Covid-19 pandemic. The two financial institutions signed on Wednesday an agreement to support Moroccan companies to stimulate the economic recovery from the impact of the pandemic. The EIB […]
Morocco has loosened a set of anti-coronavirus restrictive measures starting June 1, as it continues its steady campaign to vaccinate its people. Gatherings and activities will be allowed provided they do not exceed 50 people indoors and 100 people outdoors, the government said in a statement. Public transport capacity will be raised to 75% and […]
The kingdom of Morocco has emerged as one of the leading international investors in Africa with foreign direct investment (FDI) valued at about $4 billion according to a report by the Moroccan Agency for Development of Investment and Export (AMDIE) and France-based consulting firm, Mazars. The report, dubbed “Analyse de l’investissement en Afrique en 2020 […]
Morocco has adopted a new law to fight money laundering which enables tracking and seizing funds acquired illicitly in line with FAFTA jurisdictions. This law helped the country leave the grey FAFTA list and strengthen its legal arsenal to address strategic deficiencies in its regimes to counter money laundering, terrorist financing, and proliferation financing The […]
Morocco has adopted a law that levels the playing field between national and foreign doctors in the private sector in a bid to foster human resources of the medical sectors. The law is part of the implementation of the King’s instructions for a revamp of the health sector which suffers from a shortage of staff. […]
Morocco and the United Kingdom reiterated, on Friday, the importance of setting the priorities of a joint roadmap for the post-covid period in line with the Strategic Partnership between the two countries. During a teleconference meeting between Minister of Foreign Affairs Nasser Bourita and Minister of State in charge of the Middle East and North […]
The World Bank has welcomed Morocco’s new development model (NMD), proposed by the Ad-hoc Committee on the Development Model (CSMD), as an unprecedented participatory plan that lays the groundwork for a forward-looking model. This model establishes the role and responsibilities of each actor, including citizens, in building a “prosperous, plural and open” Morocco, Director of […]
Morocco is expected to emerge as the fifth best performing economy in Africa this year despite adverse international economic juncture, says Forbes Middle East list 2021 drawn on basis of the International Monetary Fund and the World Bank data. The IMF expects Morocco’s real GDP to grow by 4.5 pc this year, after a contraction […]