First Independent Mena Newspaper
Increased imports and falling receipts from tourism and remittances by Moroccans living abroad have widened the trade deficit to 40.2 million dirhams, that is 36% rise compared to the same period last year. The trade deficit stood at 29 million dirhams the same period last year, the Moroccan foreign exchange regulator said in its latest […]
More than 25 years after its creation, the Maghreb Union, an economic bloc comprising Morocco, Mauritania, Algeria, Tunisia and Libya finds itself in a state of paralysis unable of tapping into its economic and trade potential, said the World Economic Forum (WEF) in a recent publication on the region. “The Maghreb, in Northern Africa, is […]
King Mohammed VI of Morocco canceled his visit to Monrovia where he was supposed to attend the 51st summit of the Economic Community of West African States (ECOWAS), which will examine Morocco’s bid to join the West African grouping. The decision was made against the backdrop of the controversy surrounding the presence of Israeli Prime […]
After Morocco was unanimously elected Vice President of the 72nd General Assembly that will run from September 2017 to September 2018, another victory was registered by a Moroccan diplomat who was voted Vice-Chair of the politically sensitive UN General Assembly’s fourth Committee on decolonization. The Fourth Committee elected Yasser Halfouni of Morocco as the Vice-Chair […]
Hammad Benjelloun of Morocco, founder of Advertising enterprise Adlive, was part of the 28 winners of leading 20 companies from 15 countries at the 71st International Selection Panel (ISP) held recently in London. Benjelloun was awarded the entrepreneur endeavor title for his enterprise Adlive, which offers advertisers, media agencies, and digital publishers, managing multiple digital […]
As Morocco gather’s support for its membership of the Economic Community of West African States (ECOWAS), a Moroccan delegation will attend the bi-annual summit of the west African sub-regional grouping, in Liberia’s capital, Monrovia. The delegation, led by Morocco’s Ambassador to Abuja, Moha Ouali Tagma, will hold talks with West African officials ahead of the […]
Investigations led by the judiciary police as part of the probe on the latest unrest that battered the northern Moroccan town of Al Hoceima revealed the involvement of the protest leader, Nasser Zefzafi, in receiving funds from foreign sources with a view to undermine public order. The Assabah newspaper, noted that the judicial police, upon […]
The London-based energy company SDX has obtained the Gharb Centre exploration permit, covering an area of over 1362 km2. The License covers an eight-year period with a firm commitment from SDX for the acquisition of 200km2 of 3D seismic, and two exploration wells within the first four-year period. The Gharb Centre area comes with a […]
NATO Ships of Standing NATO Maritime Group 2 (SNMG2) and the warships of the Royal Moroccan Navy on Tuesday conducted a joint naval exercise off Casablanca, part of the advanced maritime cooperation and training between the two sides. SNMG2, consisting of flagship Spanish frigate ESPS Blas de Lezo and Turkish frigate TCG Gokceada joined Royal […]
Morocco has given its green light for the appointment of Horst Kohler, former German President (2004-2010), as new Personal Envoy of the UN Secretary General for the Sahara, succeeding US diplomat Christopher Ross, le360.ma said quoting a diplomatic source. The Moroccan diplomatic source, which requested not to be named, said that Morocco informed the UN […]