First Independent Mena Newspaper
The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]
A delegation from the French city of Dreux visited Dakhla on Wednesday to explore economic potential, major development projects, and partnership opportunities in the Dakhla-Oued Eddahab region, following the recent signing of a friendship pact between the two cities. Led by Dreux Mayor Pierre Frédéric Billet, the group -including investors, business leaders, and cultural figures- […]
UN Development Program Country Office in Morocco has hosted a meeting in honor of selected Moroccan SME for the “UNDP Green Growth & Jobs Accelerator Project”, which supports green & sustainable transition of SMEs while enabling green jobs for women and youth in the Kingdom. The four-year program of the UN agency, which started in […]
A high-level Moroccan agricultural delegation paid lately a working visit to California to further strengthened bilateral agricultural cooperation and deepened ties between the U.S. and Morocco, said the National Association of State Departments of Agriculture (NASDA) in a press release. The mission also opened new avenues for collaboration and future trade opportunities. “This visit was […]
The Central Bank of Egypt (CBE) has temporarily raised the daily cash withdrawal limit for individuals and businesses at bank branches from EGP 250,000 to EGP 500,000. This exceptional measure is intended to cushion the impact of ongoing telecommunications disruptions that have affected regular banking operations across the country. The CBE stated that the adjustment […]
Casablanca Finance City Authority (CFCA) has launched the “Green Assets Cluster”, a strategic move seeking to position the city as a leading hub for carbon markets in Africa. The announcement of this landmark initiative was made Tuesday by CFCA Director General Saïd Ibrahimi during a conference held in Casablanca on “Scaling up carbon market in […]
The World Bank has urged Mauritania to adopt decisive reforms to safeguard macroeconomic stability and promote more inclusive and sustainable economic growth. In a statement shared on social media, the Bank stressed the critical need for economic diversification, highlighting the overreliance on the mining sector as a major vulnerability. It recommended that revenues from mining […]
Morocco’s banking sector has demonstrated remarkable resilience and growth, with net profits surging 24 percent according to the latest assessment by the country’s financial stability watchdog, reinforcing the sector’s position as a pillar of economic strength. The Committee for Coordination and Monitoring of Systemic Risks (CCSRS), meeting Monday at Bank Al-Maghrib headquarters in Rabat, highlighted […]
China has officially launched its first rail-sea logistics corridor to Morocco, marking a significant milestone in Sino-African trade connectivity. The new route begins in Chengdu, the capital of Sichuan province, and travels by rail through Poland, Germany, and Spain, before containers are transferred to ships in Barcelona and shipped to Tanger Med, Morocco’s largest port, […]
Morocco’s National Social Security Fund (CNSS) has launched a major digital transformation of its Damancom employer portal, introducing new authentication methods to enhance security and streamline access for businesses across the country. The updated system now requires users to log in through either the National Security Directorate’s digital identity (e-ID) service or a one-time password […]