First Independent Mena Newspaper
Tanger Med was ranked as the first container port in Africa and the 45th in the world in a survey by World Top Container Ports. With a capacity of 3 million containers, the Moroccan port has handled 3,312,409 containers in 2017 that is 11% over its capacity, the Port authority said in a statement. This […]
Chief Rabbi of Morocco Rabbi Aharon Monsonego passed away at the age of 90 at the Shaarei Tzedek hospital in Jerusalem early Tuesday August 6, Jewish media reported. Monsonego already in an advanced age and frail health was taken to hospital where he passed away. Born in 1929, Monsonego was the son of Yedidya, the […]
U.S. authorities announced Tuesday that Morocco has agreed to allow commercial imports of U.S. poultry meat and products into the country for the first time. The announcement was made U.S. Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue. “The Trump Administration continues to prioritize the opening of new markets for U.S. agricultural […]
The dismissal of Mohamed Boussaid, Economy and Finance Minister, by King Mohammed VI came as Morocco is elaborating key economic and financial projects that will leave the upcoming minister with heavy responsibilities. Boussaid was sacked by King Mohammed VI in line with Article 47 of the constitution and in implementation of the principle of linking […]
The decision by King Mohammed VI to fire Economy and Finance Minister Mohamed Boussaid continues to draw the attention of the Moroccan media and analysts who have been trying to find other interpretations of such a decision. The Royal palace said in a statement that Boussaid was dismissed in line with Article 47 of the […]
Morocco loses between 5 to 7% of its GDP due to corruption, head of the government Saad Eddine El Othmani said urging action to fight this calamity. Speaking at a recent meeting with his party members, El Othmani stressed the need for achieving the goals of Morocco’s anti-corruption strategy in two years. “There should be […]
Morocco’s unemployment rate eased to 9.1% by June 2018, compared to 9.3 the same period last year, Morocco’s High Planning Commission (HCP) said. Between June 2017 and June 2018, the Moroccan economy created 117,000 jobs, 74,000 of them in cities and 42,000 in rural areas, while a year earlier it only created 74.000 jobs, HCP […]
Moroccan OCP Group, the world’s largest exporter of phosphates, has signed a cooperation agreement with German Fraunhofer Institute for Microstructure of Materials and Systems in Halle (Saale), to develop solutions for a sustainable fertilizer. The two sides pledge to work together to boost the use of renewable raw materials in the fertilizer industry. They will […]
The International Finance Corporation, a member of the World Bank Group, has teamed with Gaia Energy, a Moroccan renewable energy developer, to set up a joint platform for the development of wind power and other renewable energy projects in Africa. Gaia Energy is active in 10 countries across Africa. The new joint platform will start […]
The abundance of sun and wind is increasingly attracting foreign firms to invest in Morocco’s south, the Sahara, as the government set the target of generating 50% of its energy mix out of renewable sources. The recent announcement by Soluna, a New York-based computing company backed by Brookstone Partners, to build a wind-powered center in […]