First Independent Mena Newspaper
Voices are rising in Morocco for a new donation campaign for the anti-coronavirus fund, which now has 9 billion dirhams ($975 mln). The fund was spurred by King Mohammed VI when the virus first outbroke in Morocco and gathered some 33.7 billion dirhams ($3.7 bln) thanks to generous donations from Moroccan enterprises and individuals. The […]
Morocco’s automotive industry is the most attractive market in the MENA region for production opportunities, said Fitch Solutions Foundation in its latest report. “Morocco is the top ranked MENA market in our Autos Production Risk/Reward Index, thanks to a robust outlook for production growth, low labor costs and positive industry policy”, added the Fitch think-thank, […]
The outbreak of the coronavirus has crippled the global supply chain for the automotive sector which, coupled with a demand crisis, has triggered a lethargy in the car industry fabric globally with Morocco being no exception. Morocco has made the automotive sector a pillar of its industrial strategy attracting large-scale investments by world giants such […]
The polisario leaders are vainly making reassuring statements on the coronavirus situation in the Tindouf camps. However, the Sahrawis sequestered in the Tindouf camps, Southern Algeria, are increasingly concerned over the growing number of covid-19 infections and rising death toll, which are pushing the polisario to hide the true extent of the covid-19 pandemic with […]
The embezzlement of humanitarian aid is endemic among the corrupt Polisario and Algerian officials, despite international outcry by the EU and humanitarian NGOS. This time, aid worth $12 million was derailed to enrich merciless separatist officials in the Polisario-run Tindouf camps. The aid was offered in April and May by the EU, Canada, Switzerland, Italy, […]
The $4.8 billion strategic investment fund, set up part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact, will give priority to productive activities and back up the financing of major investment projects, said, on Tuesday in Rabat, Minister of Economy & finance Mohamed Benchaâboun. […]
Morocco is unrelenting in its fight against contraband. The North African country has taken a series of measures to crackdown on smuggling while offering alternatives to the locals, basically trough a free economic zone. Works are already in progress to build the zone, which shall offer retailers in the cities near the occupied enclave of […]
Presidents of Laâyoune-Sakia El Hamra and Dakhla Oued Eddahab regions, Sidi Hamdi Ould Errachid and Yanja El Khattat, have debunked the slanderous allegations circulated by the Polisario and its mentor, Algeria, about human rights in the Sahara. “These are actually outrageous fabrications, which are part of a shameless political manipulation of human rights,” the presidents […]
The government council approved a decree setting up a strategic investment fund worth 45 billion dirhams to spur public-private investments. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact. The same council extended a health emergency decree for an extra month […]
The Lebanese government expressed its deep gratitude and high esteem for the generous initiative of King Mohammed VI who ordered urgent medical and humanitarian aid to be sent to Lebanon after the tragic blasts that shook the port of Beirut. On Thursday, August 6, King Mohammed VI ordered the Moroccan government to send medical and […]