First Independent Mena Newspaper
KLM ‘s low-cost arm Transavia said it will add four new air routes to Morocco in 2017 bringing the total number of flights served by the airline towards the Kingdom to 19. The company said that the four new routes are Marrakech-Eindhoven, Tangier-Paris Orly, Oujda-Lyon and Dakhla-Paris. The new flights will enable the airline to […]
Morocco and Cuba have ushered a new era by restoring their diplomatic ties and turning the page of 37 years of severance on the backdrop of Havana’s alignment on the Polisario separatist thesis. The re-establishment of diplomatic ties was announced following a meeting between the heads of the permanent missions of the two countries at […]
The Moroccan Interior Ministry Friday announced it dismantled in the Northern city of Tetuan a three-man cell connected to Daech that was preparing attacks against institutions and security authorities. The operation was led by the Central Bureau of Judicial Investigation (BCIJ), the judicial arm of the domestic intelligence service. According to the early investigation findings, […]
Morocco was ranked the most attractive business destination in North Africa and the second in the continent in the Africa Investment Index 2017 issued by Quantom Global. Morocco took the lead in North Africa thanks to multiple factors including economic growth, strategic geographic positioning, increased foreign direct investment, import cover ratio, and an overall favorable […]
Works to complete Morocco’s high speed train (TGV), the first in Africa, have reached a progress rate of 86% and the project is expected to be ready in summer 2018, said the director general of Morocco’s National Railways facility (ONCF) Mohamed Rabie Khlie. Khlie, who was speaking at a meeting on railway security co-held in […]
The newly formed Moroccan government has unveiled its 2017-2021 plan as a continuation of the “reforms” launched by the previous government notably in terms of boosting advanced regionalization, promoting employment and social cohesion and consolidating Morocco’s international influence as well as safeguarding the country’s democratic choice. In his first address as head of government before […]
Morocco’s Central Bank, Bank Al Maghrib, said it will launch the gradual float of the Dirham as of June in collaboration with the IMF to reach a flexible exchange rate system. In a statement to Reuters, Governor of Bank Al Maghrib, Abdellatif Jouahri, said that the first stage of Dirham liberalization will start in June, […]
The World Bank (WB) said in its semi-annual MENA economic Monitor that GDP growth in Morocco will rebound to 3.8% in 2017 on the backdrop of abundant rainfall auguring a good agricultural season. The report noted that growth would improve to 3.8% after the Moroccan economy endured the impact of drought in 2016 which dragged […]
Morocco’ King Mohammed VI has called on Arab financial institutions to pool efforts in order to support economic and financial reforms engaged in the Arab world, facing major regional and international challenges. In a message addressed to participants in the 2017 Annual Joint Meetings of Arab Financial Institutions, convened Tuesday in Rabat, the Moroccan Sovereign […]
Senior commander of Morocco’s Royal Navy had talks with Greek peers on a set of issues of mutual interest, on top of which the possibility of acquiring Submarines used by the Greek navy, said the website Far-Maroc specializing in military issues. The same source reported that commanders of the Tarik Ben Zyad and Sultan Moulay […]