First Independent Mena Newspaper
Credit rating agency Moody’s maintained Morocco’s BA1 positive ranking, and noted that the country’s credit strengths reflect a structural shift towards higher value-added export industries and fiscal improvements, which could lead to stronger non-agricultural growth and a stabilization and gradual reduction in public sector debt. “Morocco is strategically positioned within global value chains in the […]
North Africa focused oil and gas company SDX Energy Inc announced that a gas discovery has been made at its SAH-2 well on the Sebou onshore permit in North-Western Morocco near the Atlantic city of Kenitra. The SAH-2 well was drilled to a total depth of 1,304 meters and encountered 5.2 meters of net conventional […]
Morocco and Mali signed five cooperation agreements covering transport, logistics and employment as the two countries continue to build on the momentum ushered by two Royal visits to Bamako in 2013 and 2014. The agreements were signed in Rabat Thursday at a ceremony co-chaired by Head of the Moroccan government, Saad Eddine El Othmani and […]
The Sahara city of Dakhla and pearl of southern Morocco is readying to host the 4th edition of the Crans Montana Forum to attract this March 15-20 some 3,500 participants representing 162 countries and over 40 international and regional organizations from around the world. This annual event, become a must for all those who are […]
ape-Town based insurer Sanlam said it will fully acquire Morocco’s SAHAM group insurance business in Africa in a $1.05 billion deal. The deal will give Sanlam access to SAHAM’s 26 markets across North Africa, the Middle East and West Africa and builds on its business that spans 11 African countries, India and Malaysia. SAHAM Finances, […]
The bilateral talks held Tuesday in Lisbon between the UN Secretary-General’s personal envoy for the Sahara, Horst Kohler, and a Moroccan delegation, led by Foreign Minister Nasser Bourita, were “rich” and “fruitful”. The description was made by Nasser Bourita who pointed out that “overall, the discussions took place in an atmosphere of serenity and the debates […]
Morocco reiterated its firm condemnation of Algeria’s connivance with the Polisario militias in maintaining a civil population hostage in abhorrent living conditions in the Tindouf camps. Speaking at the 71st session of the Standing Committee of the High Commissioner for Refugees (UNHCR) held on March 6-8 in Geneva, Morocco’s chargé d’affaires, Hassan Boukili, deplored the […]
Around 40 pc of Morocco’s citrus production are exported to the EU, Morocco’s major trade partner, with 30-35 pc going to Russia and a further 15-17 pc to North America, while the local market absorbs 70 pc of the output. The Moroccan citrus industry is expected to produce 2.4 million metric tons (MT) during the […]
A Moroccan project was awarded the prestigious Dubai International Award for Best Practice in the category of national urban policies, UN Habitat and Dubai municipality announced. The initiative “We are Medina Learning from Jnane Aztout” implemented in the northern city of Larache won the “best practice for improving the environment” in the field of national […]
A Moroccan delegation, led by Foreign Minister Nasser Bourita, met UN Secretary-General’s Personal Envoy for the Sahara, Horst Köhler in Lisbon this Tuesday. The Moroccan delegation comprises Morocco’s Permanent Representative to the United Nations, Omar Hilale, President of the Laayoune-Sakia El Hamra region, Sidi Hamdi Ould Errachid, and President of the Dakhla-Oued Eddahab region Ynja […]