First Independent Mena Newspaper
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 […]
The United Nations Human Rights office Tuesday urged Egyptian authorities to conduct an independent investigation into the death of ex-President Mohamed Morsi who died Monday during a hearing in a court. Egyptian authorities buried Morsi Tuesday at the government’s cemetery in the Nasr City district, under tight security and behind closed doors. The former leader […]
Both Morocco and Azerbaijan have suffered from the remnants of separatists hosted and armed by hostile neighboring states. Morocco has struggled to recover its territorial integrity and sovereignty after enduring the painful experience of double French and Spanish colonization that drew arbitrary borders, amputating the Kingdom of territories that were until a recent past part […]
Bahrain and Saudi Arabia have both renewed this week backing to Morocco’s legitimate rights over its southern provinces and reaffirmed rejection of any attack on Morocco’s supreme interests, sovereignty and territorial integrity. In Manama, the Foreign Ministry renewed in a statement Bahrain’s supportive position to Morocco’s legitimate rights over its southern provinces, and its backing […]
Head of Casablanca Finance city (CFC) saïd Ibrahimi said that the number of companies that have acquired CFC status rose to 184 and is set to increase in light of the advantages offered by the Moroccan financial center to companies that want to expand in Africa. He said that CFC tax regime was not the […]
Morocco is taking part in the 53rd Paris International Air and Space Show, which opened on Monday at the Bourget exhibition Center, North of Paris, an opportunity to “showcase the boom and dynamism the sector is witnessing today,” said the Minister of Industry Moulay Hafid Elalamy, who is leading the Moroccan delegation to the show. […]
Tunisia announced it is launching a “Digital Investor Support Platform” during the Tunisia Investment Forum (TIF) due June 20- 21 in Tunis. The announcement was made Tuesday by Tunisian Development, Investment and International Cooperation Minister Zied Laadhari. Who said the platform seeks to totally digitalize investment transactions. The Tunisian official was taking part in the […]
The Central Bureau of Judicial Investigations (BCIJ) dismantled, this Tuesday, a five-member terrorist cell in the Moroccan northern city of Tetouan. The five individuals, aged between 23 and 33, have alleged links with the ISIS terror group. The search operations enabled the seizure of electronic devices, knives and a military uniform, said the BCIJ in […]
Tunisia has secured a $131.7 million loan from the French Development Agency (AFD) to improve the national electricity grid. The smart grid project was announced in 2017 by the Tunisian Electricity and Gas Company (STEG), but was delayed due to lack of funding. The AFD funds will be allocated to the implementation of the first […]