First Independent Mena Newspaper
Wana company, which holds Inwi, said it withdrew a lawsuit it had brought in 2018 against Maroc Telecom after the latter was fined by the telecoms regulator. Al Mada holding, which owns most stakes in Wana company, urged the board of directors to abandon the case, Wana said in a statement. Wana dropped the case […]
The International Monetary Fund (IMF) is “impressed” by Morocco’s determination to pursue its structural reforms and endeavors to make its economy more inclusive, said Wednesday in Rabat IMF Managing Director, Kristalina Georgieva. She cited as an instance the new development model being elaborated by a special committee and the Integrated Program for Enterprise Support and […]
The Swiss-based technology company TE Connectivity, which designs and manufactures automotive sensors, is expanding its activities in Morocco wherein the car industry is booming. TE will build a new plant in the Tangier automotive city. The factory, to cost over 15 million US dollars, is the fourth of its kind in the North African Kingdom. […]
Morocco emerged in 2019 as the leading African tourism destination for foreign holiday makers, according to the World Tourism Organization (UNWTO) whose provisional figures credit the kingdom with 13 million visitor and a gain estimated at $7.7 billion. The North African country, according to the UNWTO data revealed earlier this month, beats respectively Egypt, Tunisia […]
Morocco was maintained in the EU’s tax haven grey list but could soon leave it this year as it implements reforms to conform to EU standards. The grey list includes countries which are given time to reform their tax regimes and improve fiscal transparency. Morocco could leave that list pending on the results of an […]
President of the United States, Donald Trump, has said that Morocco stands out as “one of the most distinguished models” of the Women’s Global Development and Prosperity Initiative. “Morocco is one of the most distinguished models of the Women’s Global Development & Prosperity Initiative (W-GDP)”, President Donald Trump said, in a message made public on […]
Morocco is hosting 71 Japanese companies operating in the automotive industry and renewable energy. These firms are employing nearly 40,000 people, making Japan the largest foreign private employer in the North African Kingdom. The remarks were made by chairman of the Moroccan employers’ union (CGEM) Chakib Alj during a networking meeting between Moroccan economic […]
Ivanka Trump, adviser to the president of the United States, commended, Sunday in Dubai, Morocco’s efforts in the field of women’s empowerment. Speaking at the opening session of the Global Women’s Forum 2020, Ivanka Trump said Morocco has succeeded in recent years in “introducing important legislative reforms that serve the interests of women and increase […]
Algeria’s flagship carrier, Air Algérie, was crippled by a surprise strike of its employees causing a major disruption of air traffic at Algiers and Setif airports. At least 13 international and domestic flights have been canceled as a result of the strike, which further adds to a reputation of unreliability that has been plaguing […]
King Mohammed VI of Morocco had in recent months urged measures to promote the development of a rural middle class via promoting agricultural activity and making loans easier to access in the countryside. After calling for a revamp of the agricultural promotion strategy in Morocco, building on the achievements of the Green Morocco Plan, the […]