First Independent Mena Newspaper
Head of the Libyan National Oil Corporation (NOC) has finger-pointed foreign countries, which, he said, are targeting the national oil firm that has refused to take sides in the ongoing military offensive on Tripoli waged by east-based Field Marshal Khalifa Haftar. “The country is experiencing dangerous levels of disinformation. These campaigns, many directed at NOC […]
Morocco offers European investors and businesses a gateway to the emerging African markets, said on Wednesday in Dublin Speaker of the Irish Parliament Seán Ó Fearghaíl. The Irish official made the remarks after signing with Moroccan peer Habib El Malki an agreement to boost cooperation ties between the two countries’ legislative institutions. Mr. Ó Fearghaíl […]
The suspects involved in the killing of two Scandinavian tourists in the High Atlas Mountains appeared on Thursday before a criminal court in the city of Salé (near Rabat). This is their last hearing before the court’s ruling. A total of 24 persons, including a Spanish-Swiss convert to Islam, are facing several charges including promoting […]
Galvanoplast, a French group specializing in anti-corrosion surface protection, inaugurated on Wednesday an industrial plant in the industrial platform of Tanger-Med. This facility, the group’s first outside France, was made possible thanks to the progress of the Moroccan automotive ecosystem. The choice of Morocco was also dictated by the presence of car manufacturers Renault and […]
Chariot Oil & Gas has announced that the development of the Anchois Field, offshore Morocco, is technically feasible. Recent studies carried out at Anchois gas field, offshore Morocco, have shown that development of the project is “technically feasible,” the company said in a press release The key findings of the study, shared by the industrial […]
CDC Group, the British government’s overseas-investment arm, said it has invested $200 million in Morocco’s BMCE bank, which seeks to develop its activities on the African continent. The British group acquired nearly 5% in the bank’s capital after the investment, part of CDC’s plan to invest $4.5 billion in the African continent, the two institutions […]
Morocco has called on the African Commission on Human Rights to address the flagrant human rights violations committed in the Tindouf camps in southwest Algeria. The call was launched this week in Addis Ababa by Morocco’s Permanent Representative to the African Union and ECA Mohammed Arrouchi. “The Human rights situation in member countries must be […]
The Arab Fund for Economic and Social Development (AFESD) has extended Morocco two loans totaling 72 million Kuwaiti dinars (about 2.27 bln MAD) to help finance two projects. The loans will finance the rehabilitation of the Mohammed V dam in eastern Morocco, and the construction of the Laayoune expressway bypass in the South. The first […]
Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million. In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018. With this […]
Several representatives from Morocco’s southern provinces and advocates of human rights took the floor at the 19th session of the UN Committee of 24, convening in New York, to highlight the major social and economic development accomplished in the Moroccan Sahara, which has become a model of inclusive development and growth, and to renew support […]