First Independent Mena Newspaper
Chinese investors showed interests in the huge business opportunities offered in Morocco’s Sahara provinces and particularly in the region of Laayoune-Sakia El Hamra. It seems that the Chinese are looking for their share of the pie as several foreign investors are already operating in the Moroccan Sahara region, which is emerging as a gateway for […]
As Morocco gradually implements an ambitious regionalization plan, it has opted to implement contractual hiring of public servants instead of the current job-for-life model, which has compromised efficiency and drained state resources. However, hiring by contracts was not easily accepted by many sectors especially teachers who staged months-long protests for fears about their job security […]
Morocco took a series of measures to fight tax evasion, which would eventually lead to taking the country off the EU’s so called tax haven grey list. Morocco will no longer be part of that list starting January 2020, local media La vie Eco reported, citing the multiple efforts by the country to improve financial […]
Moroccan Central bank and police have urged vigilance after card skimming devices were found lately in cash machines in the city of Marrakech. Skimmers are using tiny hidden cameras planted in ATMs. They are barely visible but allow fraudsters to film people entering their pin number. The skimmers often encase the normal card slot on […]
Morocco will invest 383 billion dirhams to guarantee regular water supply for the next three decades, head of the government Saad Eddine El Othmani said. Speaking to the inter-ministerial commission on water, El Othmani recalled the royal directives to safeguard water resources and meet rising needs of the economy and the population. The 2020-2050 strategy […]
Morocco is expected to freeze a 35 pc import duty on soft wheat from Jan.1st to April 30 to ensure a regular supply of the commodity and maintain price stability. The decision will be made by the government during its meeting scheduled this Thursday. The move comes amid soaring prices on the international market and […]
Royal Air Maroc (RAM) and American Airlines have sealed a code-share deal, which will allow smoother connections for passengers of both airlines. The deal is due to go into effect on Dec.26. The deal will enable AA’s customers to buy selected RAM flights to Casablanca, Morocco (CMN), which will provide connecting service to Marrakech. Early […]
Morocco’s flag carrier RAM will start operating three flights per week between Casablanca and Beijing on January 16 as part of an expansion plan that also includes the acquisition of new long-haul aircrafts. RAM officials hope that the new route will help connect other African airports to Beijing Daxing airport, one of the largest in […]
The African Development Bank (AfDB) last week announced a contribution of $220 million to implement a results-oriented program intended to improve territorial competitiveness in Morocco. The program, part of Morocco’s efforts to implement its industrial acceleration plan at the level of regions, is aimed at setting up new industrial poles, attracting private investors and generating […]
As part of overhauling Morocco’s public enterprises and improving their finances, rail operator ONCF will give up its shares in epic Mamounia hotel to phosphates fertilizers producer OCF in a new alliance that also includes Hassan II fund for economic development. Under this deal, the jewels of Morocco’s hotel industry will remain Moroccan. Besides Mamounia, […]