First Independent Mena Newspaper
Le Piston, a French company manufacturing airplane and helicopter parts, will set up its second plant in Morocco for a total investment of €5 million, Moroccan media said. The plant will be built in Casablanca over 4000 square meters and will produce parts that range up to 1.20 meters, Le Piston President said. The new […]
Morocco and Spain are on way to further diversify their bilateral partnership with the signing of eleven cooperation agreements in different fields. The agreements were signed at a ceremony in Rabat chaired by King Mohammed VI, his Son Crown Prince Moulay Hassan and King Felipe VI of Spain, who arrived earlier in the afternoon on […]
Morocco’s improving economic performance in 2019 and 2020 will provide a solid structure to motivate both businesses and consumers to purchase new vehicles, says Fitch Solutions Foundation. “We believe that Morocco’s expansionary fiscal policy will further support the demand for vehicles”, adds the Fitch Think-Thank, noting that the availability of locally produced vehicles, such as […]
Moroccan Customs agents have seized lately nearly two tons of cannabis in the northern city of Tetouan. The drugs were hidden in a commercial vehicle having a fake number plate. An investigation is underway to bring to justice all those involved in this major smuggling operation. Early January, over 13.7 tons of cannabis were seized […]
King Felipe VI of Spain and Queen Dona Letizia arrived this Wednesday in Rabat on a two-day official visit to Morocco at the invitation of King Mohammed VI. The Spanish guests were welcomed at the airport by the Moroccan Sovereign, who was accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid and princesses Lalla […]
Casablanca Finance City (CFC) and Abu Dhabi Global Market have agreed to enhance cooperation and jointly promote the development of financial services in Morocco and the United Arab Emirates. The agreement was inked by Saïd Ibrahimi, CEO of the CFC Authority and his emirati peer Dhaher Bin Dhaher Al Mheiri. The two sides pledge to […]
The African Development Bank (AfDB) agreed Tuesday to back Morocco’s efforts to reduce unemployment with a $96.6-million loan that will support access to jobs and improvement of populations’ living conditions. Morocco’s minister of economy, Mohamed Benchaaboun, said at the signing of the agreement, the loan is earmarked to improving living conditions through an inclusive job […]
The European Parliament adopted this Tuesday (Feb.12) by an overwhelming majority the Morocco-EU Fisheries Agreement. The accord and its protocol were adopted at a plenary session in Strasbourg by 415 votes in favor, 189 against and 49 abstentions. This vote, the last endorsement step at the European level, is the culmination of a process of […]
Three French nationals, including one of Algerian origin, were arrested Monday (Feb. 11) in Salé, Rabat’s twin city, for their alleged involvement in the financing of terrorism and for links with fighters operating in Syria and Iraq. Investigations revealed that the suspects have forged close ties with fighters of the Islamic State terror group (ISIS), […]
Boeing has announced this Tuesday an agreement with Royal Air Maroc to use a suite of Boeing AnalytX-powered crew solutions to bring greater efficiency to the Moroccan airline’s planning and operations. The airline will be the first in Africa to use the advanced solutions, which include Crew Pairing, Crew Rostering and Crew Tracking — with […]