First Independent Mena Newspaper
Germany will contribute €571 million to the implementation of Morocco’s reforms seeking to improve business and investment climate, update the financial sector and strengthen advanced regionalization. The reform partnership MoU, signed Friday in Berlin, falls in the frame of the G20 Initiative Compact with Africa and aims at developing further the potential of the private […]
King Mohammed VI has warned that the continuing Israeli practices in violation of international legitimacy and international humanitarian law in the occupied Palestinian territories fuel tension, violence, instability and sow the seeds of religious conflict and hatred. These Israeli practices include further settlement activities in the West Bank and East Jerusalem, depriving Palestinians of a […]
The African Development Bank (AfDB) approved a €100 million loan for the Municipal Equipment Fund (FEC) to finance new investment and public infrastructure projects in Morocco. These projects will help improve the quality of public services, especially in rural areas as well as spur revenue generating activities, according to an AfDB press release. “We are […]
Morocco’s central bank, known as Bank Al-Maghrib, received ISO 37001 certification in recognition for its Anti-Corruption Management System. The bank has received this certification on its 60th anniversary following the audit conducted by Euro-Compliance in October 2019, Bank Al-Maghrib said in a press release. This certification will further strengthen Bank Al-Maghrib’s actions, in terms of […]
Spanish Minister of Defense, Margarita Robles, stressed on Thursday that the risk of terror attacks against Spanish nationals in the Tindouf camps in Algeria is “imminent”. “This is a real threat confirmed by the foreign intelligence services operating in the region,” the Spanish minister said in an interview to the private radio station “Cadena Ser”, […]
The US reiterated its support for Morocco’s Sahara autonomy initiative one week ahead of a planned visit to Morocco by Secretary of State Mike Pompeo. “The Sahara issue is a priority for Moroccans and we are engaged together with the UN to advance a political solution,” a senior US official said. “Our position remains steady,” […]
Morocco has removed and destroyed 96,272 landmines since the launch of a demining process in 1975. These included 49,325 anti-personnel mines and 20,543 bomb remnants, Morocco’s Ambassador to Norway Lamia Radi said. The Ambassador made the statement while speaking at the Fourth Review Conference of the States Parties to the Convention on the Prohibition of […]
Forces aligned with UN-backed Government of National Accord (GNA) Wednesday announced they have taken control of El-Feel oilfield in Southern Libya, from rivals answering to rebel and military commander Khalifa Haftar. Sabha Military Region claimed on a facebook post the seizure of El-Feel oilfield in the Southwest region of the oil rich country. The field […]
Morocco’s Central Bank, Bank Al-Maghrib, and the European Bank for Reconstruction and Development organized on Wednesday in Rabat a workshop on London Inter-bank Offered Rate (LIBOR) reform and the new money market benchmark in the North African country. Participants in the workshop discussed the implications of changes in the benchmark indexes used on the international […]
The Spanish Ministry of Foreign Affairs has issued a travel warning cautioning Spaniards against traveling to Algeria and to the Polisario-run Tindouf Camps. In the updated travel warning, posted on its official website as reported by Europa Press, the Foreign Ministry recommends Spanish travelers to show “extreme caution” throughout Algeria and to avoid trips to […]