First Independent Mena Newspaper
Maroc Telecom announced Monday it will invest 10 billion dirhams over the coming three years to promote telecommunications in Morocco. “As part of its proactive investment policy, Maroc Telecom has signed the sixth investment agreement with the Government for the development of telecommunications in the Kingdom,” said the leading telecom operator in a statement. “Under […]
Japan was the latest in a series of global powers that strongly reiterated their rejection of the Algerian-backed separatism in southern Morocco. The Japanese stance on the Sahara issue was expressed by Middle East and North Africa director at the foreign ministry Katsuhiko Takahashi who reaffirmed his country’s non-recognition of the Polisario self-declared SADR republic, […]
The Spanish Ministers’ Council Friday approved a grant of €32.2 million to help Morocco in its efforts to control illegal immigration from the North African kingdom to Spanish southern shores. This aid, which aims to support international police cooperation, comes from the budget of the Spanish Home Affairs Ministry. It will support Moroccan authorities’ […]
Cargotec subsidiary Kalmar has won a contract to upgrade four ZPMC ship-to-shore (STS) cranes at the Eurogate Tanger container terminal in Morocco. The modernization of cranes will enable Eurogate Tanger, located on the Strait of Gibraltar in Morocco, to manage large ships, Kalmar said in a press release. Due to its geostrategic location, […]
An agreement to convert some of Tunisia’s debt to Belgium into development projects was signed Wednesday in Tunis, the Foreign Ministry said in a statement. The agreement, signed by Director General for Europe, Nabil Ammar, and Belgium’s ambassador to Tunisia, Michel Tilemans, provides for converting more than €2.991 million ($3.33) of Tunisia’s debt to Belgium […]
The Malian Mines Ministry announced on Wednesday a new mining code, under which mining companies operating in the west African nation will no longer be exempt from VAT during production and will have a shorter period of protection from fiscal changes. The government said the new code seeks to redress the “shortcomings” of a […]
King Mohammed VI drew up on Tuesday the broad lines of Morocco’s new development model, which will be the driving force of inclusive growth, social equity and sustainable development. In his speech to the Nation marking the 66th anniversary of the Revolution of the King and the People, the Monarch shed more light on […]
Egypt plans to invest about $663 million in new industrial projects, Mohamed Maait, Minister of Finance said. The new investment will go to building new industrial complexes across the country to boost exports of Egypt-made products. According to the minister, more than $300 million will be spent on the construction of 13 new […]
King Mohammed VI has pointed out Tuesday that advanced regionalization and administrative devolution would give a new momentum to local productive investment projects, deploring the fact that despite the efforts made and the legislation adopted, many matters are still being dealt with in Rabat, at central government level. Because of the slow pace in […]
The 39th SADC Ordinary Summit of Heads of State and Government concluded last weekend in Dar es Salaam, Tanzania, by a key language announcement and a commitment to the industrialization of the region. At the summit, member states endorsed Kiswahili as the fourth official language within the SADC community. Regarding industrialization of the […]