First Independent Mena Newspaper
Morocco has decried the attempted Houthi missile attack, which targeted Tuesday (Dec.19) the Saudi capital, and renewed its solidarity with Riyadh in its fight to ensure the security of its territories. The North African Kingdom also voiced deep concern over “this dangerous escalation, which worsens the Yemeni crisis, undermines the region’s stability and increases the […]
Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]
The parliament majority bloc has submitted a draft law providing for granting Moroccan nationality to foreign spouses of Moroccan women. The draft amends the provisions of Article 10 of the nationality law, which grants Moroccan nationality only to a foreign wife of a Moroccan citizen. The draft law aims at ending such a discrimination by […]
Morocco remains the first market for US armament industry in North Africa, with sales amounting to $244 million in 2016. Moroccan media reports said that US weapons represent 96% of Moroccan weapon acquisitions in 2016 compared to 100% ($274 million) in 2015. Morocco, which earmarks 3% of its GDP to military expenditures, has an army […]
King Mohammed VI’s visit to Guinea Conakry was postponed until January 2018 instead of December 20, Moroccan media reported. This friendship and working visit to Conakry is the third by King Mohammed VI since President Alpha Condé took office. During his stay in Conakry, the King will hold talks with Guinean President Alpha Condé, the […]
Morocco’s Khalladi wind power plant, built in the North of the Kingdom, has started producing its first electricity, which it injected into the local power grid. The wind farm, developed by ACWA Power in collaboration with ARIF investment fund, is the first private renewable energy project in the country. It has been developed under a […]
King Mohammed VI is expected in Guinea Conakry on December 20, in a second visit in 2017. During his friendship and working visit to Conakry, the King will hold talks with Guinean President Alpha Condé, the current Chairman of the African Union. The two leaders will inaugurate several projects that were launched during the King’s […]
Morocco is part of the ministerial delegation set up by the Arab League to carry out diplomatic and media actions meant to oppose the negative impacts of the US President’s decision to recognize Jerusalem as Israel’s capital and to move the US embassy in Israel to the holy city. The Arab league announced the formation […]
The 52nd summit of the Economic Community of West African States (ECOWAS) wrapped up with a political decision regarding Morocco’s membership providing for the setting up of a committee to further study the impact of the admission of the North African Kingdom in the economic bloc. The committee will be presided by the heads of […]
A draft bill has been elaborated by the Moroccan government to back up its liquefied natural gas projects, as the north African Kingdom aims to bring the share of LNG to 13% of its energy mix by 2025. The draft bill sets the guidelines for establishing a tariff system for a natural gas market that […]