First Independent Mena Newspaper
Algeria continues to lag behind in economic freedom according to a 2019 World Economic Freedom report by Fraser Institute, which underscored the lack of reforms in the oil rich country. The Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 159 out of 169 surveyed countries. Algeria only outperformed three […]
Swissport International has won an international tender launched by Morocco for ground handling services in 15 airports. Under the seven-year contract, the handling company pledges to provide best ground services in the airports of Agadir, Al Hoceima, Casablanca, Dakhla, Errachidia, Essaouira, Fès, Laâyoune, Marrakech, Nador, Ouarzazate, Oujda, Rabat, Tangier and Tetouan. The company vowed to […]
Egypt’s attorney general Tuesday ordered the arrest and trial in absentia of a former Italian diplomat who is believed to have been involved in the smuggling out of 21,855 archeological artifacts, which had been returned to the Arab country. In a statement from his office, Nabil Ahmed Sadek demanded the arrest of honorary consul in […]
Kais Saïed, the surprise winner of the first round of Sunday presidential elections, has received support from three opposition figures, including former President Moncef Marzouki, after the electoral commission, ISIE, confirmed the law professor and detained businessman Nabil Karoui as the two candidates for the second round. The ISIE released Tuesday results of Sunday election. […]
Italy’s Proma is the latest in a series of world-class car-part manufacturers that opened plants in Kenitra as Morocco has stood out as the largest car producer in the continent offering a competitive investment platform for exports to Europe and Africa. The new plant was built in a record time of 6 months for a […]
The UK government said it wants closer cooperation ties with Morocco and expressed its full support for the North African country’s efforts to settle the Sahara conflict as part of the UN process. The British position was expressed following the second UK-Morocco Strategic Dialogue held in Rabat Tuesday with the attendance of Middle East Minister […]
Air travelers are no longer required to fill out the arrival/departure forms at Moroccan airports starting Sept.16. The Moroccan authorities say the move aims to reduce travel time, passengers’ congestion and improve the airports efficiency as air traffic continues to grow year after year. The new measure, which will also be enforced in the country’s […]
Senegalese foreign minister Amadou Ba has renewed his country’s backing to Morocco’s autonomy plan offered for the Sahara, affirming that this plan, recognized by the international community as serious and credible, is the only solution to this regional conflict. Speaking at a press briefing Monday in Rabat after meeting his Moroccan peer Nacer Bourita, […]
Fitch Ratings has assigned “Excellent” score to the Moroccan fund CDG Capital Gestion, with a stable outlook. This top rating has been awarded to the fund due to its broad stability and its best investment resources organization. According to Fitch analysts, the “Excellent” mark of CDG Capital Gestion is driven by “its highly disciplined investment […]
Morocco keeps attracting global car parts manufacturers thanks to the infrastructure and business climate it offers. Yazaki is one of the Japanese car part manufacturers who grabbed the investment opportunities offered by Morocco as a platform for exports to Europe and Africa. The company, which opened its first Moroccan plant in Tangier in 2000, is […]