First Independent Mena Newspaper
US has lifted a ban on citrus fruits originating from the fields of the eastern Moroccan region of Berkane, which was imposed on December 23, 2016, the National Food Safety Authority (ONSSA) said. The resumption of US imports of Berkane’s citrus was based on the results of an inspection conducted by US experts from the […]
The executive board of the International Monetary Fund (IMF) commended Morocco for its “sound” macroeconomic policies and reforms while stressing the need for structural reform efforts. “Executive Directors commended the authorities for the sound macroeconomic policies and reform implementation that have helped improve the resilience of the Moroccan economy, upgrade the fiscal and financial policy […]
The Association of African Development Finance Institutions (AADFI) crowned Crédit Agricole Du Maroc, as the Best Development Finance Institution (DFI) in Africa in 2017. “Crédit Agricole Du Maroc” came ahead of 33 best-performing DFIs in the continent ranking first on the 2017 AADFI Honor Roll. The Moroccan bank was distinguished for its performance regarding AADFI […]
Casablanca city authorities are mulling the launch of a monorail or an aerial subway to help ease traffic congestion for its over 5 million inhabitants. After the launch of the Tramway, Casablanca officials are negotiating with Chinese electric vehicle manufacturer BYD for the launch of the Monorail or the aerial subway, which are designed to […]
Morocco’s regional investment centers that are supposed to assist investors, both national and foreign, and to facilitate the paperwork for the setting up of projects will be restructured after an audit revealed many dysfunctions preventing these centers from fulfilling their mission properly. The results of the audit were presented Monday to King Mohammed VI by […]
Morocco’s plans to become a major global carmaker are progressively turning into a tangible reality. The sustained growth of its expanding automotive sector is “an inspiring success story”, draining more investments and manufacturers that enhance the country’s automotive eco-system. The soaring exports of Morocco-made cars attests to the transition of the Moroccan economy from traditional […]
The first wind turbine blade made in Morocco saw the light of the day in the Siemens factory in Tangier and has been transported to Tangier Med port to be sent to its final destination. This 63-meter energy production tool weights 17 tons. Its size required close cooperation between the factory, local authorities and the […]
Morocco continues to steadily expand its car industry fabric, a fact that confirms the country’s leading position in relation to high added-value activities and the confidence it enjoys on the part of international investors. After the Memorandum of Understanding signed Saturday between Morocco and Chinese electric vehicle maker BYD related to building a production site […]
As a result of the firm resolve of King Mohammed VI of Morocco to revitalize and modernize his country’s infrastructures and diversify partnerships with major world players, and part of his efforts to promote transition to renewable energies and ensure green mobility, Chinese group BYD Auto Industry Company will set up an electric transportation system […]
Palace Main Entrance Tourist arrivals in Morocco up to October 2017 have grown 9% compared to the same period last year to stand at 9.7 million tourists, the tourism ministry said. International tourist arrivals rose 14% while Moroccans living abroad visiting their homeland jumped 5%, the Ministry said in its latest statistics covering the January-October […]