First Independent Mena Newspaper
Bahrain’s Al Baraka Bank deems that the regulatory framework in Morocco is conducive for the launch of an Islamic finance venture. The Bank’s Chief Executive, Adnan Ahmed Yousif, told Reuters that the Bank targets the expanding Islamic finance in Morocco in effort to diversify assets and revenues in Africa. Morocco is attractive for Islamic banks […]
A delegation of India’s Titagarh Group is on a visit to Morocco to explore investments opportunities in the North African country’s expanding rail sector. Led by the Group CEO Umesh Choxdhary, the Titagarh delegation held talks with Moroccan officials including Morocco’s Transport, Logistics and Water Minister Abdelkader Amara. The Moroccan ministry announced in a statement […]
Abdellatif Jouahri, governor of Morocco’s central bank, Bank Al Maghrib, was distinguished as one of the best performing heads of central banks in the world in the Central Banker Report Cards 2017 established by US magazine Global Finance. Jouahri was listed as a shining central bank president in the prestigious A grade category along with […]
In a move that shows that hostility to Morocco remains a guiding line in Algeria’s foreign policy, Algerian authorities have refused to accept the nomination of the new Spanish Ambassador in Algiers José Maria Ridao because he is deemed “too close to Morocco.” Ridao, Spain’s former ambassador to the Unesco, is an intellectual close to […]
Thales, French aerospace industry leader, has opened a new industrial competence center in Casablanca, with capabilities spanning all aspects of 3D metal printing. Spanning over a surface area of 1000 square meters, this plant was achieved for a total cost estimated at €20 million and equipped with cutting-edge technologies to produce satellites parts, said Thales, […]
The Qatari QInvest Fund and the Moroccan Sovereign Wealth Fund Ithmar Capital have set up a joint venture, through which they are to partner in carrying out three large-scale tourism projects to be launched shortly in Morocco. According to the Moroccan news portal, le360, the recently created new company, Oryx Capital, will carry out studies […]
Morocco’s African leadership, the situation in North Africa and the Sahel as well as the longstanding American-Moroccan relations were at the heart of talks Morocco’s Foreign Minister Nasser Bourita had with US Secretary of State Rex Tillerson and other US officials during a visit to Washington Thursday. In a statement to the press, Bourita said […]
Tip-offs offered by Moroccan security services helped France bust a terrorist cell with suspected links to the perpetrators of Catalonia attacks, Moroccan media reported. The information forwarded by Moroccan intelligence services led France to locate and arrest three individuals who were plotting a bomb attack on a bank, Al Ahdath Al Maghribia reported. French Interior […]
The multi-faceted relations between the United States and Morocco were reviewed at a meeting in Washington Thursday between Secretary of State Rex Tillerson and Foreign Minister Nasser Bourita. The meeting provided an opportunity for the two officials to discuss a number of issues of shared interest, reported the news portal le360, quoting a source close […]
France and the three Maghreb countries, Morocco, Algeria and Tunisia, are bound by longstanding historic, cultural and economic ties that makes the three North African states a priority area in the French foreign policy. A report recently published by the Paris-based think thank, Institut Montaigne, stresses that the Maghreb is a priority area for France […]