First Independent Mena Newspaper
German conglomerate and largest industrial manufacturing company in Europe, Siemens, has categorically rejected the blackmail orchestrated by the Algeria-backed Polisario to slur the group’s investments in the Moroccan Sahara, saying that its investment policy in the region will be maintained. The Polisario and its mentors, which sustained serious political and diplomatic setbacks in the UN, […]
After Bosch, Huawei, 3M et Decathlon, Emirates Logistics Group has teamed up with Adidas AG, the German sports clothing manufacturer, to open a 13,000 m3 logistics hub in Morocco’s Northern Tanger Med port. The warehousing and distribution center will handle around 5 million Adidas products destined for North and West Africa markets. For Abdelkader Amara, […]
Investments in oil and gas explorations onshore and offshore Morocco since 2015 have totaled $2.8 billion (25 billion dirhams), 96% of which was paid by partners of the Moroccan hydrocarbons and mining office. Speaking at a meeting of the board of directors of the office, the Moroccan government chief said that the increasing oil and […]
Morocco and Nigeria, the finalist teams in the African Nations Championship hosted by Morocco, resulted in a clear victory for the Moroccan football team of local players with a final score of 4 to null over Nigeria. The final match took place this Sunday (February 4) at the Mohammed V complex in Casablanca, at the […]
As it seeks to diversify its tourist emitting markets, Morocco sees enormous opportunities in the Chinese market, which has 130 million tourists traveling abroad annually and spending generously. Morocco has therefore taken a series of incentives to attract 500,000 Chinese tourists by 2020 up from 10,000 in 2015. Soon after the visa exemption decision was […]
Moroccan Coast guard patrols recovered the bodies of 20 Sub-Saharan migrants off the northern coasts near the Spanish-occupied enclave of Melillia, Moroccan media said. The intervention of the Moroccan coast guard came after a Spanish ship crew noticed floating bodies of migrants whose boat was drowned. In their quest to reach the European Eldorado, migrants […]
With 10 million tourists in 2016, Morocco is progressing steadily towards the goal of becoming one of the world’s 20 largest tourist markets, Research and Markets said in a recent report. The report, dubbed “Destination Market Insights: Morocco – Analysis of source markets, infrastructure and attractions, risks and opportunities”, highlights Morocco’s tourist potential and its […]
The setbacks suffered by IS in the Syrian and Iraqi fronts are pushing thousands of foreign fighters to return to their home-countries where they pose a serious risk to stability and security. Morocco is one of the countries with a significant number of foreign fighters in the Middle East whose return puts authorities on high […]
FDIs attracted by Morocco rose by 15.4% in 2017 to stand at 24.4 billion dirhams ($2.4 billion) compared to 21.2 billion in 2016, Morocco’s foreign exchange regulator, Office des Changes said. In a recent report, the office noted that remittances by Moroccans living abroad increased 4.5% to hit 65.4 billion dirhams in 2017. The Office […]
The German group Prettl specializing in the manufacture of auto parts announced earlier this week the construction of a new industrial site in the ”Automotive City” in Tangier, for an €8 million investment. According to data presented during the groundbreaking ceremony for the new plant, the unit will have an overall production capacity of up […]