First Independent Mena Newspaper
The French Minister for Foreign Trade and Attractiveness reiterated from Casablanca France’s strong desire to raise its economic relations with Morocco to an even higher level and to exploit the many existing opportunities. “Despite the health crisis and travel difficulties, my presence here shows how much the French government wishes to consolidate and increase […]
Moroccan textile operators lauded the government’s approval of the amendment of the FTA with Turkey saying such a move would help restore balance to the domestic market and save local industry and jobs. Morocco and Turkey agreed to reintroduce customs duty amounting to 90% on 1200 Turkish industrial goods to help curb the chronic deficit […]
Governor of Bank Al-Maghrib Abdellatif Jouahri was named among the top ten central bank governors in the world in 2020 for the fourth consecutive year. Jouahri got an “A”, the maximum grade awarded by New York magazine Global Finance in its ranking “Central Banker Report Cards 2020”, bringing together 94 governors of central banks. The […]
King Mohammed VI addressed a speech to the members of Parliament, on Friday October 9, at the opening of the first session of the fifth legislative year. As was expected, the king’s speech reaffirmed the right to health and explicitly called to continue supporting health protection and safety of citizens, to face the unprecedented global […]
Tunisia has been already facing an acute economic crisis when Covid-19 propelled a downturn that cost the jobs of 165,000 people. The tourism-reliant economy has been gradually recovering from the fallout of instability and terrorist attacks on arrivals when the pandemic shattered hopes for a swift recovery. So far, 40% of handicraft enterprises and 35% […]
As Morocco steps up measures to help the economy recover from the coronavirus repercussions, special attention is also given to generalize social development notably health coverage, family allowances, pensions and unemployment protection insurance, said King Mohammed VI. In a speech on the occasion of the opening of the Parliament’s fall session this Friday, the King […]
King Mohammed VI has called for general mobilization to implement the ambitious economic stimulus plan he had announced in July to enable all productive sectors to recover from the impact of the coronavirus pandemic and to increase their ability to provide jobs and preserve sources of income. King Mohammed VI, flanked by Crown Prince Moulay […]
The Moroccan Government approved on Thursday an amendment of the Morocco-Turkey Free Trade Agreement, increasing tariffs by up to 90 pc on 1200 Turkish goods for a five-year period. The amendment falls under Bill No 54.20, which Morocco and Turkey signed on August 24 after the two countries reviewed their Free Trade Agreement. The bill […]
Luxembourg announced on Wednesday the opening of a Trade and Investment Office (LTIO) in Casablanca, the ninth in the world and the first in Africa. The opening of the office comes as part of the strengthening of economic and trade relations between Morocco and Luxembourg. A statement from LTIO Casablanca announced that the […]
German development bank KfW offered a €30 million loan to Morocco’s water and electricity agency (ONEE) to finance water supply projects in rural areas. The new funds will be directed in particular to implement water supply projects in the northern regions of Tangier and Chefchaouen. Some 150 small villages and 112,000 people stand to benefit […]