First Independent Mena Newspaper
Emboldened by Algeria’s military and diplomatic cover, the Polisario inaugurated 2018 with a resumption of provocations in the Guerguarat area, the southernmost tip of Morocco’s southern provinces, the Sahara. Three armed Polisario men have barred the road for an hour and a half to participants in the Desert Sahara Challenge rally competition departing from Dakhla […]
The Ticonderoga-class guided-missile cruiser USS Vella Gulf has taken part in naval drills alongside Morocco’s frigate Sygma Sultan Moulay Ismail on the coast of Agadir, Moroccan media reported. The naval war games took place on the sidelines of a visit by the USS Vella Gulf to Agadir in December. “The visit serves to enhance US-Morocco […]
Morocco’s ports agency (ANP) announced that it has earmarked 6 billion dirhams (about $650 million) over the 2018-2022 period, including 2.7 billion dirhams to be invested in 2018 in projects covering ports development and extension. The agency’s board of directors said that the investments will focus on the extension of the ports of Casablanca and […]
Morocco will bolster the defense capabilities of its F16 fighter jets with the acquisition of advanced medium range air-to-air AMRAAM missiles, the Pentagon said in a press release. A contract has been signed between Morocco’s air force and the US defense contractor, Raytheon, providing for the acquisition of the air-to-air missiles as well as for […]
King Mohammed VI of Morocco has had a telephone call with President-Elect George Weah, a former international football star, who won Liberia’s presidential election, defeating Vice-president Joseph Boakai in a runoff with 61.5 pc of the vote. During the phone call, the Moroccan Sovereign offered his “warmest congratulations” to George Weah for his victory, said […]
A “Partnership of Hope” was the wording used by the Times of India to describe the ever-growing ties between Morocco and India. In an article published on the website of the Indian paper, Rudroneel Ghosh reflected on the significance of the cooperation agreements signed by the two countries in December in fields including healthcare, Road […]
Spain remained Morocco’s top trading partner in 2016 with trade turnover totaling $10.6 billion up from $9.3 billion in 2015, Morocco’s foreign exchange regulatory authority, L’Office des Changes said. Between 2015 and 2016, Morocco’s imports from Spain rose from $4.4 billion to $6.2 billion, while its exports to the country jumped from $4.2 billion to […]
Remittances of Moroccans living abroad, one of the main source of foreign exchange reserves in Morocco, grew by 4% in the first eleven months of 2017 to stand at 60.2 billion dirhams ($6.5 bln), while FDI flow in the country grew by 13.2% to 21.8 billion dirhams over the same period compared to 19.3 billion […]
Bahrain’s Islamic Bank, Al Tamweel wa Inma (BTI) Bank, which opened lately its headquarters in Casablanca, looks forward to setting 37 branches by 2022 in various cities of Mo-rocco. The BTI Bank has been launched following the partnership sealed by Al Baraka Banking Group (ABG), the leading multi-national Islamic Banking Group, headquartered in Bahrain, and […]
Marrakech closed 2017 with a record number of 2 million tourists and 7 million nights. Figures released by the regional tourism center show that tourists visiting the Red city increased 20% in 2017 while registered nights grew 18% compared to last year. German tourists visiting Morocco’s first tourist hub rose by 56% followed by the […]