First Independent Mena Newspaper
The U.S. State Department has approved the sale to Morocco of 162 enhanced Abrams tanks for an estimated cost of $1.259 billion, says the US Defense Security Cooperation Agency. This military sale will support the foreign policy and national security objectives of the United States by improving the security and capacity of a major Non-NATO […]
The online investment guide (iGuide) to Mauritania was officially launched in Nouakchott last week. Designed to provide intelligible, reliable and up-to-date information on the relevant laws, regulations, costs and opportunities, this investment promotion tool is now ready to serve the national and global investment community, reported the UN Economic Commission for Africa. The website covers […]
King Mohammed VI urged on Thursday the Government to refine the draft program on vocational training overhaul and to speed up the implementation of the industrial plan of Souss-Massa region. At a working session chaired by the Sovereign in Rabat to follow up the measures and actions taken to modernize the sector of vocational education, […]
The Council of the European Union adopted Thursday (Nov.29) in Brussels the new fisheries agreement with Morocco, European sources said. The council’s move comes just one day after the Committee of Permanent Representatives in the EU, known by its French acronym COREPER, approved the new fisheries agreement. The agreement needs to be ratified by the […]
The indicators of Moroccan economy showed a positive evolution in 2018. Thus foreign direct investments (FDI) amounted to 30.2 billion dirhams at the end of the first ten months of the current year, compared to 21.3 billion at the end of October 2017. However, the trade deficit is worsening. According to the Exchange Office (Office […]
Belgian SABCA has teamed up with Sabena Aerospace to set up in Morocco a major and independent regional player in Maintenance, Repair, Overhaul and upgrade (MRO&U) for African military aircraft. SABCA, through its subsidiary SABCA Maroc, partners with Sabena Aerospace to propose, from the North African Kingdom, services for military aircraft maintenance. The first identified […]
Thierry Bollore who was appointed Renault’s interim leader after the arrest of the company’s chairman in Japan reassured Moroccan suppliers about the stability of the groups activity. Bollore stressed in a message to Renault suppliers across the globe including Morocco that Renault will maintain its industrial and commercial activities steady in this period. Carlos Ghosn, […]
The UK’s Financial Times drew bleak prospects for Algeria whose ailing President Abdelaziz Bouteflika prepares for a fifth term that risks prolonging Algeria’s economic and political crisis. Maintaining Bouteflika, who has been ruling Algeria since 1999, as President “ threatens to prolong the political paralysis in a country facing the monumental challenge of transforming its […]
Morocco and Senegal have expressed their strong determination to work hand in hand to ensure the success of the Triple S Initiative (Sustainability, Stability and Security) in Africa. The two countries’ shared willingness was voiced lately at a meeting held in Addis Ababa by Head of Moroccan Govt Sâad Eddine El Othmani and Senegalese Minister […]
King Mohammed VI has appointed this Saturday economist Driss Guerraoui President of the Competition Council, in replacement of Abdelali Benamour. Driss Guerraoui, an expert on social issues, has been holding, since February 2011, the position of Secretary General of Morocco’s Economic, Social and Environmental Council. During the appointment ceremony, King Mohammed VI “emphasized the importance […]