First Independent Mena Newspaper
The launch of the gradual float of the Dirham to reach a flexible exchange rate regime will not lead to currency devaluation reassured Governor of Bank Al Maghrib, Abdellatif Jouahri. Speaking at a press conference in Rabat, Jouahri played down the speculations on risks of Dirham devaluation due to the currency float saying that the […]
Morocco and its allies in the UN Special Committee on Decolonization succeeded in averting a plot by Algeria and Venezuela to confer the Polisario separatist entity the status of representative of the Sahara. Thanks to the vigilance of Morocco and its African, Caribbean, Asian and Pacific allies within the UN Committee, Algeria and Venezuela failed […]
Members of the Moroccan contingent taking part in the UN peacekeeping mission in the Central African Republic, MINUSCA, have thwarted a violent attack by the Christian militias, known as the Anti-Balaka rebels, on Muslim civilians in the area of Bangasso. In a joint press briefing with the spokesperson for the MINUSCA, a Moroccan MINUSCA official […]
Morocco finalized an equity investment deal worth €10 billion with the Development Bank of Central African States, a move that further strengthens Morocco’s financial footprint on the continent. The deal was signed in Rabat this week by Morocco’s economy Minister Mohamed Boussaid and the vice president of the Development Bank of Central African States Zounguere […]
IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), are investing €100 million and €35 million, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco. This is the first green bond issuance in foreign currency […]
The UN Refugee Agency (UNHCR) welcomed Morocco’s decision to let in a group of Syrian refugees who were abandoned in the desert border by Algerian authorities since 17 April. “UNHCR welcomes the decision by the Kingdom of Morocco to admit a group of Syrian refugees stranded in difficult circumstances at the country’s border with Algeria,” […]
The Central Bureau of Judicial Investigations (BCIJ), an offshoot of Morocco’s domestic intelligence agency, arrested four members of a terrorist cell loyal to the Islamic State before they moved to action. The cell was dismantled in the Atlantic city of Essaouira, the interior ministry said in a statement, noting that the suspected terrorists are accused […]
Efforts by Morocco’s flag carrier RAM to offer better services to its customers were rewarded as the company won for the fourth year in a row Africa’s best regional airlines award delivered by Skytrax, the world’s leading airline and airport rating agency. “The Award is illustrative of the efforts undertaken by the Moroccan flag carrier […]
Morocco, which is known for its exceptional generosity and unmatched solidarity with disaster-stricken people and those crying for urgent help from around the world, decided Tuesday to open its doors to a group of Syrian families trapped at borders with neighboring Algeria. The move was made by King Mohammed VI on humanitarian grounds, said the […]
Representative of the UN refugee Agency (UNHCR) Jean Paul Cavaliéri commended Morocco for the humanism underlying its immigration and asylum policy in line with the 1951 Geneva Convention. Speaking on the occasion of the World Refugee Day, celebrated on June 20, the UNHCR official told Morocco’s news agency MAP that the Kingdom has succeeded in […]