First Independent Mena Newspaper
Morocco’s state-owned phosphate group OCP has announced over the weekend its decision to renovate four hospitals in Khouribga province to enhance the capacity of the local health system to counter Covid-19 pandemic. The upgrades and maintenance work of the four hospitals will be carried out by young volunteers from Act4Community Initiative and doctors from OCP’s […]
The World Bank has granted Egypt a $500 million additional financing destined to support ongoing efforts to improve the affordability of formal housing for low-income households, the Washington-based institution said in a statement. The financing also seeks to strengthen Egypt’s Social Housing and Mortgage Finance Fund capacity to design policies and coordinate social housing programs. […]
The advent of the coronavirus and its tragic fallout on human lives, social order and the economy have undermined the neoliberal order as a return to the welfare state sounds best suited to deal with such repercussions. The state has taken health, security, education and the ordinary functioning of the market into its […]
The announcement of health emergency measures followed by a lockdown triggered a wave of panic buying in Moroccan supermarkets on Friday as citizens rushed to buy more than needed in terms of food and gas. The government reassured that there was no need for such a shopping spree and that the country has enough reserves […]
A Moroccan committee adopted a series of measures, including stipends for the unemployed and loan and tax deferrals for enterprises in difficult financial conditions due to the coronavirus outbreak. Employees who lost their jobs will receive 2000 dirhams monthly and continue to benefit from family allowances and mandatory health coverage as well as a three-month […]
Since the King called for the setting up of a special fund to upgrade health services, help most hit sectors by coronavirus and maintain jobs, donations kept flowing from public institutions, the private sector, state officias, employees and individuals. The fund which was targeting 10 billion dirhams received more than 25 billion dirhams as different […]
Morocco has declared a health emergency and asked citizens not to leave home unless they receive an authorization from local authorities to buy essentials or go to work, an interior ministry statement said. Movement will be restricted starting from Friday at 18:00 as a necessary measure after coronavirus cases started transmitting locally, the interior […]
Tourism seems to be the most hit sector after Morocco shut its borders with different tourism-related businesses standing to lose 34 billion dirhams ($3.5 bln), head of tourism federation Abdellatif Kabbaj said. The tourism sector including hotels, restaurants and tour operators, employ 500,000 people whose jobs are at risk because of the consequences of the […]
Moroccan public institutions, private companies, officials, Mps and individuals are closing their ranks bringing valuable contributions to the special fund to counter the coronavirus pandemic which exceeded 10 billion dirhams ($ 1 bln). King Mohammed VI called on Sunday for the setting of the $1 billion fund to boost health infrastructure and mitigate the economic […]
On the proposal of its main shareholder, the Al Mada Board of Directors donated more than $200 million to the special fund dedicated to the management of the Coronavirus pandemic in Morocco. This important initiative translates the great interest and commitment of King Mohammed VI in managing the Coronavirus crisis, which is affecting the Kingdom. […]