First Independent Mena Newspaper
The Kenitra Peugeot plant will double its production capacity by 2020, said a PSA Group management source during a site visit organized by the Ministry of Industry. The PSA Automotive Group intends to double its production capacity at its Kenitra plant. This decision follows the first results achieved so far, the source said, describing these […]
Several Chinese businessmen have discussed in Beijing with Head of Moroccan Government Saadeddine El Othmani their investment projects set for the North African country and reviewed ways to facilitate their implementation to help create jobs within the frame of a “win-win partnership”. The Chinese entrepreneurs met El Othmani on Monday on the sidelines of the […]
Spanish Prime Minister Pedro Sanchez expressed satisfaction at his country’s cooperation with Morocco, which he described as a “key partner” in addressing migration challenges. “Morocco is a safe country with whom we are cooperating at different levels including most obviously migration,” Sanchez said in a statement to radio Cadena Ser. The Spanish PM said that […]
The Moroccan regions of Casablanca-Settat, Rabat-Salé-Kénitra and Tanger-Tétouan-Al Hoceima accounted for 58.2 % of Morocco’s GDP in 2016, Morocco’s statistics authority, HCP, said. Four other regions accounted for 30.1% of overall GDP with Fez-Meknes taking 9%, Marrakech-Safi 8.8%, Souss-Massa (6,7%) and Beni Mellal Khenifra (5.6%). The three regions represented 32%, 16% and 10,2% respectively. Such […]
A delegation from the European Parliament’s Committee on International Trade (INTA) starts this Monday a visit to Morocco to see first-hand the positive impacts of the Morocco-EU fisheries accord on the population of the southern provinces. Chairman of the Moroccan-EU Joint Parliamentary Committee Abderrahim Atmoun welcomed the MEPs’ visit, saying it is in line with […]
Morocco has called for a tripartite cooperation with China benefiting Africa’s social and economic development, one of the end-goals of the Kingdom’s new African policy. “Morocco is ready to work together with its African and Chinese partners to push forward the continent’s social and economic development,” said Minister Delegate for Africa, Mohcine Jazouli. Speaking at […]
Morocco and Russia are celebrating the 60th anniversary of the establishment of their diplomatic relations. To mark the event, the foreign ministers of the two countries have exchanged letters highlighting the “exemplary” character of their bilateral ties. Morocco’s foreign minister Nasser Bourita and his Russian peer Sergey Lavrov have exchanged letters on this occasion underpinned […]
As more wealthy tourists flock to Morocco, Marrakesh is reinventing itself with luxury hotels and resorts to attract its share, wrote the New York Times in an article on the new attractions of Morocco’s main tourist hub. Marrakech with its centuries-old medina and distinctive charm is lately experiencing the building of a flurry of luxury […]
The sovereign decision of Morocco to close its commercial border with Melilla and gear all commercial and container traffic to the nearby port of Beni Ansar continues to weigh on the economy of the Spanish occupied enclave. The autonomous authorities of Melilla have officially asked for the intervention of the Spanish government after the city’s […]
UK-based Sound Energy company has sealed a new 8 year petroleum deal including the areas previously covered by the Tendrara petroleum agreement and the Matarka reconnaissance license (“Greater Tendrara”) in addition to the existing Anoual petroleum agreement and the production concession application relating to the Tendrara gas discovery in Eastern Morocco. Commenting the deal, Sound […]