First Independent Mena Newspaper
The US Air Force has awarded aerospace and defense company Raytheon Technologies a $212.05 million contract to meet Morocco’s order for military aircraft engines, reports say, citing the Department of Defense. The Massachusetts-based company will manufacture F100-PW-229 install engines through its Pratt & Whitney business, at Hartford, Connecticut. Delivery is expected in 2025. The State […]
The Moroccan government plans to sell 35% stake in Marsa Maroc to Groupe Tanger Med which manages the biggest port in the Mediterranean and Africa in terms of container capacity. Marsa Maroc manages container terminals at 9 Moroccan ports and is listed at the Casablanca stock exchange. The deal will inject some 5.48 billion dirhams […]
Morocco’s ambassador to Serbia Mohammed Amine Belhaj conferred on Monday in Belgrade with Serbian Defense minister Nebojša Stefanović on ways of boosting military cooperation between the two countries. According to FAR-Maroc, an online defense news website, the Serbian minister expressed on this occasion the wish to see Morocco participate in the International Defense Exhibition due […]
The first direct commercial flight between Israel and Morocco landed in Marrakesh on Sunday, marking the launch of non-stop flights between Morocco and Israel since they both agreed to resume diplomatic ties last December in a US-brokered deal. An Israir flight with about 100 passengers from Tel Aviv arrived in Marrakech Sunday noon, while another […]
London stock exchange listed company and mining giant Atlus Strategies will conduct four copper exploration projects in Morocco, the company said in a statement after winning the tender. The competitive tender concerns Agoudim Silver Project (29.0 km2 and located 30 km east of the Imiter silver mine, operated by the Managem Group), Assif Silver & […]
Spanish Prime minister Pedro Sanchez will start this week an African tour designed to build up new alliances in the continent after failing to solve lingering diplomatic crisis with neighboring Morocco over the Sahara. According to press reports, Sanchez will travel to Egypt, Kenya and South Africa. Rabat has not been included in this tour, […]
Morocco’s economic growth will stand at 2.9% in 2022 after 5.8% expected this year, the planning agency said, noting that next year’s forecast is based on an average cereals yield. This year’s forecast is based on indicators of an improvement in domestic and foreign demand amid positive prospects for the mining, industrial and construction sectors, […]
With the Dakhla Atlantic “mega project”, Morocco is pursuing its port construction policy in order to “foster its role as a continental and international economic crossroads”, writes the pan-African magazine “Jeune Afrique” on Saturday. On its Atlantic coast, Morocco, after the ports of Mohammedia, Casablanca, Jorf Lasfar and the new port of Safi, among others, […]
Morocco would not remain arms crossed if the European Court of Justice gives up to the Algerian-backed separatist front that is challenging a deal that covers products from the Moroccan Sahara in EU trade, agricultural and fisheries deals, an energy pundit said. If the ECJ backs the separatist front with a ruling this could have […]
Heads of State and Government from some 15 African countries attended the 20th replenishment meeting of the International Development Association, commonly known as IDA-20. This year, the African heads of state have called for an ambitious replenishment of the ida-20, at least $100 billion, to support their recovery agenda and help revive their economies, which […]