First Independent Mena Newspaper
Morocco has a booming aeronautics industry attracting world giants from Bombardier to Boeing bringing the local sourcing rate to 29% currently with the goal of reaching 35% by 2020. The industrial clusters created to support this industry have proven their efficiency towards increasing the local sourcing rate up from 17% in 2016. Industry Minister, Moulay […]
The Andean Parliament unanimously expressed full support for Morocco’s initiative to grant autonomy to its southern provinces as a lasting political solution to the regional conflict over the Sahara. The members of the Parliament, who met in the southern Chilean city of Pucon, cited UN resolution of April 30, 2007 describing the autonomy initiative as […]
Morocco’s thriving automotive industry continues to attract foreign investors and car parts markers looking for business and growth opportunities. Among these investors, Adient, the global leader in automotive seating, which has announced the opening of its first plant in the North African Kingdom. The plant, based in Kenitra, will expand Adient’s fabrics business, which designs […]
The UK-based mining exploration company Altus Strategies Plc is expanding its presence in Morocco. Through its 100% owned subsidiary Aterian Resource Ltd, this company has obtained new exploration licenses for zinc and copper in the North African Kingdom. The new permits will enable Altus engineers to carry out exploration works in Ammas, Takzim Est and […]
A consumer boycott hit Morocco’s market leader for milk, Centrale Danone, which announced laying off temporary contract workers and a 30% reduction in the amount of milk it collects. The boycott started 40 days ago and gained large support among citizens. A survey on L’economiste showed that 42% of Moroccans are boycotting Centrale-Danone along with […]
Morocco’s pharmaceutical industry covers 60% of the needs of the local market, said health minister Anass Doukkali. He underscored the potential of the pharmaceutical industry, which now represents 2% of Morocco’s GDP, adding that 10% of the medicine produced in Morocco is exported to foreign markets. Doukkali, who was speaking at a Francophonie event, said […]
Morocco and Tunisia signed on Tuesday two agreements destined to foster cooperation between the two North African countries in the field of civil aviation. The accords, sealed during the visit paid by Moroccan foreign minister Nasser Bourita to Tunis, seek to strengthen technical and scientific cooperation ties between the two countries’ civil aviation authorities in […]
King Mohammed VI supervised in person at the Casablanca International Airport on Tuesday the airlifting of humanitarian aid destined to the Palestinian people. Besides the deployment of a Royal Armed Forces Field Hospital in Gaza, the humanitarian assistance is made up of blankets, drugs, as well as foodstuffs donated by the Mohammed V Foundation for […]
OCP Africa, a subsidiary of the Moroccan State-owned Phosphate OCP group, will set up a $ 6.3 million joint venture dubbed “Rwanda Fertilizer Company”, according to Maghreb Intelligence magazine. The OCP will have a 57.4 pc majority stakes in the company, while Agro Processing Trust Corporation Ltd (APTC) will hold 30 pc and the State […]
British paper, the SUN, wrote that Iran used its notorious military unit, the revolutionary guard Al Quds Brigade (IRGC) to train the Polisairo separatist group in their rear-base in Algeria. “Ayatollah Khamenei’s elite Revolutionary Guards Corps is now believed to be training and arming the Polisario Front, an anti-Western rebel movement in Morocco,” the paper […]