First Independent Mena Newspaper
UK mining company Altus Strategies Plc announced this Tuesday that the Moroccan ministry of Energy Transition has granted it a 10 year mining license for Agdz copper and silver project. Agdz is located 14km southwest of the Bou Skour Cu-Ag mine in the eastern Anti-Atlas of Morocco. Agdz is one of 14 Moroccan projects […]
The OPEC Fund for International Development has lent Morocco $100 million to enhance financial inclusion, modernize the economy and mitigate the impact of Covid-19 pandemic. The loan, supported by the World Bank, will enable Morocco implement reforms to provide households and firms with affordable, transparent and sustainable financial services. It aims to ensure financial inclusion […]
Morocco will start in April bolstering its inventories of soft and hard wheat in implementation of royal directives, agriculture minister said. He said the new reserves will bolster the already existing wheat stocks of five months and will be managed by state agency for grains and cereals ONICLE. Speaking to MPs, Sadiki said that building […]
The huge business opportunities offered in Morocco thanks to the Free Trade Agreement (FTA) sealed with the United States and the African Continental Free Trade Area (CFTA) were at the center of talks held lately between Pdt of Moroccan Association of Exporters Hassan Sentissi El Idrissi and U.S. Consul General to Casablanca Lawrence M. Randolph. […]
Canary-based carrier Binter has announced the launch of a new air route connecting Gran Canaria to Fez from next July. Between July 2 and September 17, the airliner will operate the air connection every Saturday between the two cities, the company said in a statement. The flights will be provided by an ATR 72 aircraft […]
After having resolved their diplomatic row over the Sahara, Morocco and Spain unveiled on Thursday a roadmap to give a new impetus to their cooperation in various sectors on the basis of mutual respect, trust and permanent consultation. Details of the new roadmap were released in the Joint Declaration issued following the meeting held Thursday […]
Morocco’s central bank, Bank Al Maghrib (BAM), has again warned against the risks of crypto-currency, which remains illegal in the country. Despite previous warnings regarding the risks associated with the use of virtual currencies such as Bitcoin, it has been established that some physical and moral persons continue to use this type of operation, said […]
Spanish airline Air Europa has announced its return to Morocco with the resumption of flights between Madrid and Marrakech. The company operates two flights per week between its base in Madrid-Barajas Adolfo Suarez and Marrakech-Menara airport on Sundays and Thursdays. The reopening of this air link is part of the growth plan activated […]
Automotive parts manufacturer Aptiv is mulling to relocate some of its production from Ukraine to Morocco, Aptiv’s CEO Still Joseph Massaro said. “Aptiv, based in Dublin, is trying to shift production to Poland, Romania, Serbia and possibly Morocco,” AP news agency reported citing Massaro. After the coronavirus pandemic and now the war in Ukraine, Morocco […]
Morocco continues to invest to increase dates production which jumped 30% in 2021 to 127,000 tons from 90,000 a year earlier, the Moroccan agency for oases ONDZOA said. Morocco has encouraged investments in date production to meet growing demand locally and internationally. Most of the production is concentrated in the Tafilalet area, a […]