First Independent Mena Newspaper
Morocco has taken a series of reforms to diversify the triggers of growth for its economy away from dependence on agriculture, phosphates and tourism through developing competitive industries and diversifying its trading partners. Agriculture weights about 15% of the Moroccan economy making the amount of rainfall key to influence economic performance. Last year, cereals output […]
Morocco will acquire AH-64 Apache military helicopters from the US within the next two years. The deal to purchase the Apache helicopters has been in the pipeline since April last year, but the timeframe of delivery has only just been revealed. “Morocco has a pressing need for new sophisticated attack helicopters,” a source told Moroccan […]
The Spanish media is under shock over the unethical practices of Cuatro TV channel which recently aired a documentary denounced as a set up The documentary was aired on May 1 purporting to show an investigation featuring an interview with a Moroccan man depicted as “Pablo Escobar of Morocco” earning €180,000 monthly. The interview was […]
Spanish security forces have dismantled a network of drug dealers made of 57 people of various nationalities including Moroccans. Some 200 members of Guardia Civil had been deployed across the south of the European country to crack down on Hashish trafficking, online media Le360.ma reports. The operation launched in August last year targeted Malaga, Grenada […]
Netherlands soccer Champions Ajax have named Moroccan player Hakim Ziyech best player of the year after his incredible performance at home and on the European continent. The Dutch giants clinched their 34th top league title on Wednesday after winning the national cup last month. The celebration of the title came few days after the club […]
King Mohammed VI has condemned as despicable the terrorist attacks that targeted vital Saudi energy facilities. “Following the despicable attacks against vital Saudi energy facilities, I express my firmest condemnation of this appalling acts, which seek to undermine the security and stability of your country”, said the Monarch in a message to the Custodian of […]
King Mohammed VI inaugurated, on Thursday in Yaacoub El Mansour district in Rabat, the Regional Center for Dental Care, carried out by the Mohammed V Foundation for Solidarity. The new center, the first of its kind in Morocco, required a 25 million dirham investment. The project mirrors the royal keenness to reinforce the dental care […]
The Procter & Gamble Company has named Morocco’s Omar Channawi CEO for the Middle East, Africa and Global Development Markets. He will also be responsible for the Trade Division for Asia Pacific, India, Middle East and Africa, covering a total of 105 countries. Omar Channawi, currently Procter & Gamble Business Vice President for Asia-Pacific and […]
The main source of foreign direct investment in Morocco in 2018 was Ireland, which accounted for 30% of FDIs flows, according to preliminary figures released by the Office des Changes. Thus, out of a total of 34.16 billion Dirhams, Ireland injected in Morocco 9.68 billion Dirhams (+ 6 billion dirhams in one year). France took […]
Morocco has confirmed its position as one of the top performing African economies, topping the Moubarack Lo ranking of emerging countries in 2017. The ranking, published for the second time by the research Group “Institut de l’Emergence”, headed by Senegalese economist and statistics engineer Moubarack Lo, was released on Wednesday in Dakar. Based on the […]