First Independent Mena Newspaper
Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]
A ministerial delegation has arrived in Al Hoceima Monday to inspect the progress made in social and economic projects that were launched in the region in a bid to defuse tension and speed up the pace of the projects completion, le360 news website reported. The delegation landed in AL Hoceima in the wake of a […]
Morocco’s foreign ministry issued a statement expressing the Kingdom’s willingness to mediate in the crisis that has shaken the Gulf after Saudi Arabia and the UAE and their allies in the Arab World and beyond severed ties with Qatar, which they accuse of supporting terrorism and side-lining with Iran. “If the parties wish so, Morocco […]
Morocco has scored precious diplomatic points in the UN-led negotiations to settle the Sahara issue, thanks to the leadership of King Mohammed VI, said Spanish paper, La Provincia. The King’s policy regarding the Sahara has given Morocco an upper hand in the Sahara issue evidenced by the increasing withdrawals of recognition of the Algerian-based SADR […]
Thousands of Moroccans staged Sunday a peaceful demonstration in downtown Rabat to express solidarity with Al Hoceima inhabitants’ social claims. The protesters, between 15,000 (according to official numbers) and over 30,000 (according to the organizers), marched through the avenues of downtown Rabat, chanting slogans calling for meeting the social and economic demands of Al Hoceima’s […]
The Brazilian Congress approved a motion calling on their government to support the efforts undertaken by Morocco to find a political and mutually acceptable solution to the artificial dispute over the Sahara. The motion, sent to Brazil’s foreign minister Aloysio Nunes, also commends the autonomy initiative which was submitted by Morocco in April 2007 and […]
The Algerian-backed Polisario separatists suffered a severe legal setback in Panama where a maritime affairs court refused to hold a vessel carrying Moroccan Sahara phosphates bound to Canada. In a comment on the Panamanian legal decision, Abdellah Saaf, Director of the Centre for Studies and Research in Social Sciences (CERSS), said by rejecting the Polisario’s […]
Newly elected French President Emmanuel Macron will pay an official visit to Morocco on June 14-15, the Elysée announced. The visit to Morocco will be the first for the French President to the Maghreb after his election last May. This first visit to Morocco and to the Maghreb by President Macron, who will be accompanied […]
Morocco’s flag carrier, Royal Air Maroc, said that it maintains its five weekly flights to Doha although it cancelled flights transiting through Doha Airport to Saudi Arabia, the UAE, Bahrain and Egypt. The announcement was made on the backdrop of an unfolding crisis after several Arab countries, including Saudi Arabia, the UAE and Egypt cut […]
Another cargo of five US-made M1A1 Abrams main battle tanks arrived in the port of Casablanca on Wednesday (May 7), reported Far-Morocco, a website specialized in armaments and defense. This cargo and a similar delivery in July 2016 are part of an order of 250 of this type of third generation battle tanks, as the […]