First Independent Mena Newspaper
The Central Bureau of Judicial Investigations (BCIJ), or Morocco’s FBI, as it is called, dismantled, this Thursday, a six-member terrorist cell in the cities of Sidi Bennour, El Jadida, Mohammedia and Marrakech, in an operation that is part of continued efforts to foil terrorist threats linked to the Islamic State group. The cell is composed […]
Morocco’s Bank Al Maghrib (BAM) and Dubai Financial Services Authority (DFSA) have agreed on Wednesday in Rabat to strengthen cooperation in financial services and in enhancing investors’ confidence. Inked by Abdellatif Jouhari, Governor of Bank Al Maghrib, and Chief Executive of the DFSA, Bryan Stirewalt, the agreement provides for coordination and cooperation between the two […]
Morocco has been re-elected for the third consecutive time to the co-Chairmanship of the Global Counterterrorism Forum (GCTF), which seeks to reduce the vulnerability of people worldwide to terrorism by preventing, combating, and prosecuting terrorist acts. During its third mandate, Morocco will co-chair this international forum with Canada from 2020 to 2022, after it co-chaired […]
OCP has signed a €80 million deal with Finland’s Outotec to build a sulphuric acid plant, an investment that comes only few days after the Moroccan phosphates exporter signed a €255 million agreement with Spain’s Intecsa to build two similar plants. The new plants will help OCP maintain leadership in the phosphates-based fertilizers market especially […]
Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]
Morocco has ranked among the 25 largest arms importers in the world, according to the latest report of the Stockholm International Peace Research Institute (SIPRI), published Monday. The kingdom comes in the 24th place in the ranking for the period 2014-2018, climbing six spots compared to the previous period (2013-2017), where it came in the […]
The eight individuals who were repatriated from Syria Sunday risk being prosecuted on terrorism charges according to the Moroccan law. Moroccan authorities announced Sunday the repatriation of eight Moroccans from war-torn Syria on “humanitarian grounds”, noting that this operation is part of Morocco’s contributions to international counterterrorism efforts. The repatriated individuals are currently undergoing investigations […]
Morocco sidestepped being listed in the EU’s tax haven black list but is included in the grey list, which comprises countries that are given time to reform. Ten other countries, including the UAE, are on the black list, which was approved by EU finance ministers. The black list included so far only five jurisdictions and […]
The Legislative Institutions of Morocco and the United Arab Emirates are poised to bolster their cooperation in the legislative and parliamentary fields as stipulated in a memorandum of understanding they signed on Monday in Rabat. The MoU was signed during a meeting between a delegation of the Federal National Council, led by FNC Speaker Dr. […]
The World Bank will soon launch a new program aimed at fast-tracking offshore wind energy in Africa and other developing countries, the Washington-based group said. According to Riccardo Puliti, senior director and head of energy and extractives at the World Bank, the International Finance Corporation (IFC) will join the group in helping emerging markets assess […]