First Independent Mena Newspaper
Qatar Airways will be operating three flights a week from Doha to Marrakech, adding the Red City to its global destinations, Qatar’s flag carrier said in a statement on its website. The inaugural flight, QR1395, landed in Marrakech Menara airport last Friday opening up the city to 150 air routes operated by Qatar Airways through […]
Nouakchott and Dakar have come to an agreement to work jointly and share returns of gas production off their coasts by the American energy company, Kosmos, reports say. Presidents of both countries have reportedly given instructions to their respective energy companies; Petrosen in Senegal and Smhpm of Mauritania to continue working with the American giant […]
The Kingdom of Morocco will launch production of its locally made electric buses next year, Head of the country’s Energy investment Company (SIE,) a key actor in the project, reveals. The project falls into the Kingdom’s promotion of the transports facility policy, says Ahmed Baroudi. “The industrial project aims at producing last generation of (Ultra-Light) […]
Egypt’s energy concern could be about to be over following the discovery of a new natural gas field on the Nile Delta coast by Eni and British Petroleum (BP.) The regional BP president for North Africa, Hesham Mekawi, said the latest discovery located 12km away from the shoreline “is the third discovery along the Nooros […]
Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, the country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Sellal at a tripartite meeting including government, worker’s syndicate and employers, indicated that Algeria […]
The Moroccan Attijariwafa Bank Wednesday received international accolades as it was named top 2016 African Bank by peers at a ceremony in Lusaka, Zambia. More than 500 dignitaries made of business people and political figures from 24 countries acknowledged the work of the Moroccan institution, which is also ranked as the country’s leading bank. The […]
American aeronautic group Alcoa (Aluminum Company of America) launched, via its branch Alcoa Fastening Systems, a plant in Casablanca as part of its expansion program in Morocco. The new plant, named Alcoa Fixations Casablanca, required a €5.4 million investment. It covers a total surface of 6,300 square meters. The new site is located at Casablanca […]
Doha proposed the organization of an international conference to relaunch Tunisia’s battered economy, which has been affected since the 2011 revolution. The proposal was made on Wednesday by Emir Tamim Ben Hamad Al Thani during during talks with visiting Tunisian President Caid Essebsi. President Essebsi welcomed the announcement and thanked the Qatari Emir Tamim Ben […]
Tunisia’s economy will witness little growth this year (2 per cent) and next year (3.5 per cent) with tourism and agriculture sectors still in difficult situations, the Central Bank announced. The Central Bank’s report indicates that contrary to 2015 marked by a growth rate estimated below 1 per cent, hitting nearly 0 per cent, Tunisia […]
American Hexcel Tuesday entered the Moroccan aeronautic market breaking ground on a new engineered core facility in MidParc Free Trade Zone Industrial Park in Casablanca, Morocco with an investment of $20 million. When fully operational in 2017, the facility will convert HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and […]