First Independent Mena Newspaper
The Moroccan authorities have decided to suspend flights to and from 13 other countries, as of this Friday, April 16. On Thursday April 15, the National Airports Office (ONDA) announced that flights to and from 13 countries will be suspended as of Friday April 16, 2021 until further notice. The decision is part […]
Managem plans to expand the share of gold in its portfolio from 20% to 50% as it expects an increase in production from the mine it operates in Sudan, CEO Imad Toumi said. Managem also plans to start production in its Tri-K gold mine in Guinea in the second half of this year, Toumi told […]
The extension of the night curfew during Ramadan is the last nail in the coffin of the restaurant and cafe industry in Morocco, professionals said. In a letter sent to the government earlier this month, the national cafes and restaurants association urged the government to backtrack from its decision to impose a night curfew during […]
Morocco has officially become an “associated country” of the European Union’s “Horizon Europe,” a key funding program for research and innovation within the framework of sustainable development. “Horizon Europe” is part of the 2021-2027 EU’s program, and will have a total global budget of €95.5 billion (MAD 1 trillion). According to the European Commission, […]
The Moroccan economy has shown resilience in the face of the double impact of Covid-19 and drought last year and hence stands as one of the most dynamic in the region, Middle East and Central Asia Director at the IMF, Jihad Azour said. Speaking at a press briefing on the MENA region’s economic performance, Azour […]
Edita Food Industries (EFID), one of Egypt’s largest food companies, will inaugurate a production factory in Morocco by end of this year, a top official of the company told Almal News. Hani Barzi, Chairman of the company told the media that the factory was planned for last year but the pandemic and the lockdown […]
Morocco is set to outperform Spain as the main supplier of fresh produce and olive oil to the United Kingdom, said chairman of new UK political party TIME, Robert Kimbel. “Morocco’s attractiveness is becoming unparalleled”, Robert Kimbel affirmed in his twitter account, noting that “it is only a matter of time before Morocco surpasses Spain” […]
As did the US administration, many departments and agencies and US-based organizations recently, the International Monetary Fund (IMF) has also used the undivided map of Morocco in the graphics of its latest global growth forecast, reports moroccoworldnews news outlet. The IMF appears to have now brought its map graphics in-line with US foreign policy […]
The President of the World Bank Group (WB) David Malpass has welcomed Morocco’s proactive and anticipatory strategy to mitigate the effects of the health crisis. During a meeting held via videoconference with Minister of Economy & Finance Mohamed Benchaaboun, on the sidelines of the IMF/WB spring meetings, Malpass highlighted the readiness of the Bank to […]
OCP Africa, subsidiary of the state-owned Moroccan phosphate group (OCP) has teamed up with the International Islamic Trade Finance Corporation (ITFC) of the Islamic Development Bank (IsDB) to boost rice farming and enhance agriculture value chains in Côte d’Ivoire. Under a cooperation agreement inked this week, the ITFC will support OCP Agribooster program to be […]