First Independent Mena Newspaper
The European Union can solve the problem of migration only in collaboration with Morocco, a country to which the EU grants a tiny part of the aid earmarked for the fight against illegal migration. The statement was made by Spanish Foreign Minister Josep Borrell in a hearing before the Joint Committee of the Congress of […]
The Tunisian government will not impose new taxes on companies and citizens in the 2019 budget, a statement released by the government said. According to the draft budget for 2019 released earlier this week, the government is committed to not burden economic institutions and citizens with new taxes in 2019 due to the “contributions they […]
Abdellatif Jouahri, Governor of Morocco’s Central Bank, Bank Al Maghrib, was distinguished for the second year in a row as one of the best performing heads of central banks in the world by the IMF and the Word Bank Group. Jouahri received an A grade award in Global Finance, awarded at a ceremony on the […]
Morocco has an open economy that qualifies it host the IMF-World Bank Group conference in 2021 said IMF chief Christine Lagarde. Speaking at the IMF-WB joint meetings in Bali, Lagarde lauded Morocco as a country that epitomizes “the convergence of the humanitarian values that unite us all.” She added that Morocco offers an optimal venue […]
Since the call made last year by King Mohammed VI of Morocco, several initiatives have been launched targeting sectors such as education, training and youth issues with the aim of reducing social and spatial disparities. In a speech at the opening of the Parliament’s fall session Friday, King Mohammed VI said through such initiatives and […]
South African financial services company has strengthened its foothold as Africa’s largest insurance firm with the completion of the $1.1 billion purchase of Morocco’s Saham Finances SA after regulators approved the deal. The acquisition, which was sealed on October 9 and has entered into force on October 11, will help Sanlam boost presence in 33 […]
Morocco’s 2019 draft appropriation bill will give priority to social development notably in the fields of education, health and employment, said a statement read out by Spokesman for the Royal Palace, Abdelhak Lamrini. The appropriation bill was reviewed at the ministerial council chaired by King Mohammed VI Wednesday and will be submitted to the parliament. […]
Toyota Tsusho Corporation, supported by CFAO, its subsidiary, has won a $44 million contract to supply Morocco an oceanographic and fishery research vessel. The building of the research boat is expected to be completed in 2020 while delivery is scheduled for 2021. It will be built at the Mitsui E&S Shipbuilding Tamano Shipyard in Japan. […]
Algeria’s foreign exchange reserves dwindled by $8.72 billion to $88.61 billion in June 2018, the Algerian news agency APS said. The rise in oil prices has not helped Algeria reduce the pace of its dwindling reserves, which dropped from $114.1 billion in 2016 and from $178 billion in 2014. Analysts say that even with oil […]
Morocco and Russia will sign shortly an agreement on civil nuclear energy. The deal would be the first of its kind to be sealed between the two countries. The content of this agreement, proposed by the Russian side, has not yet been specified. The announcement of this project was made Thursday in Rabat by a […]