First Independent Mena Newspaper
Africa clearly matters for Morocco as the King of this North African nation continues his diplomatic tour in the continent and steps up the gear to reinforce African partnership, banking on home-grown resources and capacities to meet African people’s expectations. After a week-long visit to Senegal that culminated in the signing of several important cooperation […]
Turkish authorities have announced on Wednesday to keep their commitment for aid support to Gaza after the World Bank irritated Ankara for failing to fulfil its commitment made during the Cairo Conference in 2014. Turkish foreign Minister’s spokesman, Tanju Bilgic indicated on Wednesday that his country has already planned $75.6 million aid to Gaza in […]
Moroccan-Senegalese cooperation is gaining momentum in all fields as shown by the impressive number of agreements sealed by the two countries during the visit King Mohammed VI paid this week to Senegal. A total of thirteen landmark cooperation agreements were signed under the watch of President Macky Sall and the Moroccan monarch, both eager to […]
The French carmaker PSA Peugeot Citroen plans to open a plant in Morocco to meet the needs of the Maghreb and other African markets, a source close to the group said, confirming the information published earlier by Bloomberg. The project that could be formalized early June will have an initial capacity of nearly 100.000 units. […]
A 40-page analysis report drafted by Steen Lau Jorgensen, World Bank’s director for Gaza and the West Bank, has highlighted that Gaza’s economy is “on the verge of collapse” due to restrictions, poor governance and internal struggles. The report described Gaza’s economy as the worst in the world with almost half of the 1.8million people […]
The World Economic Forum on the Middle East and North Africa will be held in Jordan 21-23 May under the theme: “Shaping a New Strategic Context”. The WEF on MENA, 9th of its kind in Jordan and the 16th meeting in the region, will bring together more than 800 government, business and civil society leaders […]
Prime Minister Abdelmalek Sellal’s said his four-day official visit to China has ended with “satisfactory” results with feelings that it will lead to a “new impetus” in the ties between the two countries especially in the economic sector. Algeria wants to diversify its economy and is hoping that it could learn from the Chinese experience […]
Oman and Spain have signed a joint partnership fund agreement that will help the two countries to use the Middle Eastern country as a center for their expansion plans. A €200 million joint investment fund was signed between Compañía Española de Financiación del Desarrollo (Cofides) and Oman’s State General Reserve Fund (SGRF) with both parties […]
Eric Le Borgne, lead economist at the World Bank, has urged Lebanese policy makers to focus on the country’s longstanding and worsening structural challenges because they are becoming more binding if the international ranking among key investment climate assessments is taking into consideration. Regional conflicts and the influx of refugees increased pressure on the country’s […]
Qasem Al-Kayoumi, manager of ADNOC’s offshore division of the exploration and production directorate has revealed that Abu Dhabi has a $25 billion investment plan for the next five years in order to boost the oil production capacity of its offshore fields. The United Arab Emirates (UAE) produces around 2.8 million barrels of crude oil per […]