First Independent Mena Newspaper
Islamist PJD governance minister Lahcen Daoudi is subject to fierce criticism after he failed to uphold his promise of imposing caps on prices of fuel. The Minister had promised that profit margins of fuel companies will be controlled by mid-March but kept postponing the measure. Yet, this week the Minister bluntly admitted while speaking to […]
Morocco is featured among the top stars of hotel development in Africa along with Egypt, Nigeria, and Ethiopia, according to the 11th annual survey by W Hospitality Group. The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, with Egypt showing 15,158 rooms in 51 new hotels. According […]
The Moroccan Agency for Nuclear and Radiological Safety and Security (AMSSNuR) and Rwanda Utilities Regulatory Agency (RURA) have signed a MoU for cooperation and development in radiological, nuclear safety and security. The MoU was signed by the Director General of AMSSNuR, Khammar Mrabit, and RURA’s Director General Patrick Nyirishema. This 5-year cooperation MoU focuses on […]
The latest UN resolution adopted by the Security Council on the Sahara means that the notions of “independence” or “self-determination referendum” are no longer feasible, underlined the Peruvian Solidarity Council with the so-called SADR, the polisario’s self-declared Sahrawi Republic, supported financially, militarily and diplomatically by Algeria. Resolution 2468, which extended the MINURSO mandate for another […]
UK-listed Chariot Oil and Gas upgraded its gas expectations off Larache coast saying that the new discovery bodes well for Morocco’s “growing gas sector”. Chariot was awarded the Lixus offshore license, which contains the Anchois discovery, in April. Chariot has a 75% interest and operatorship of the Lixus license. Its partner is Morocco’s state-owned Office […]
Saudi Salim bin Mohammed Al-Malik was appointed Thursday as the new Director General of the Rabat-based Islamic Educational, Scientific and Cultural Organization (ISESCO). The nomination of the new ISESCO chief by Saudi Arabia was approved by the Third Extraordinary Session of ISESCO General Conference, held Thursday in King Abdullah Economic City in the Area of […]
A kenyan court dropped charges against Morocco’s phosphates giant OCP over alleged mercure presence in its fertilizers. The court also withdrew criminal charges against OCP officials and ordered the release of the fertilizers cargo that was held at Ballore Warehouse. Some Kenyan news portals said the termination came after parties entered a plea bargaining agreement. […]
The European Bank for Reconstruction & Development (EBRD) announced on Thursday the approval of a €2 million loan to Société Maghrebine de Monétique S.A. (S2M), a Moroccan firm that develops e-payments systems. The loan will enable S2M to enhance its competitiveness and increase employment opportunities for young people with on-the-job-training programs Under the Bank’s Blue […]
The International Energy Agency has released the latest in-depth review of Morocco’s energy policies, welcoming the institutional, legal and fiscal reforms undertaken by the North African country to promote the sustainable development of the energy sector and the ambitious energy transition pathway it is pursuing. The report was presented in Rabat by Dr Fatih Birol, […]
Spanish Minister of Defense Margarita Robles, on Wednesday, welcomed the cooperation existing between Spain and Morocco in fighting the networks of migrants smuggling operating in the Strait of Gibraltar. “We have full confidence in the collaboration with Morocco” in the field of the fight against irregular immigration, she told the press on the sidelines of […]