First Independent Mena Newspaper
Morocco’s Attijariwafa Bank was Wednesday named best Moroccan bank by Euromoney for Excellence 2016 awards organised by leading Euromoney Institutional Investor based in London. Awards for Excellence are the most prestigious awards in global banking, which recognizes 20 global leading banks in various categories including world’s best bank, world’s best bank for financing, and world’s […]
Rabat is dispatching a new ambassador to Pretoria, South Africa as King Mohamed VI announced the North Africa country’s return to the Africa Union (AU). Morocco recalled its envoy in 2004 after Pretoria officially recognized Saharawi Arab Democratic Republic (SADR). The South African government led by the African National Congress (ANC) is a staunch ally […]
The reinvigoration of Morocco’s diplomacy in Africa and its willingness to join the African Union are indicators of a broader ambition to expand its influence and defend its position on the Sahara issue, says Stratfor, a US-based geopolitical intelligence firm. “Morocco has been laying the economic and diplomatic groundwork to extend its reach into the […]
The vigilance and proactive measures taken by Morocco’s security forces in its clampdown on terrorism has led to the arrest on July 19 of 52 individuals loyal to the self-proclaimed Islamic State (Daesh), the Interior Ministry said in a statement. The Moroccan authorities’ campaign comes in response to the surge of terrorist threats posed by […]
Members of the Security Council welcomed the deal between Morocco and the UN Secretary General to restore the MINURSO within the framework of its mandate, Morocco’s Ambassador to the UN Omar Hilale said on Tuesday in New York. The Security Council members expressed satisfaction regarding the deal to settle the crisis that broke out last […]
Morocco’s state-owned phosphates company, OCP, is planning to open subsidiaries in 13 African countries in line with the Kingdom’s strategy to boost economic ties and investments in the continent. As announced in the official gazette, the OCP’s board of directors approved the decision to establish 13 subsidiaries in the countries of Côte d’Ivoire, Senegal, Cameroun, […]
Morocco’s King Mohammed VI underscored that the greatest challenge thrown at Arab states lies in winning the battle for development, deeming that this goes through ensuring capacity-building, combating poverty and vulnerability and overcoming hurdles to inter-Arab economic and commercial cooperation. “The greatest challenge for us is to win the battle for development by making up […]
King Mohammed VI of Morocco made a strong case for reinforcing joint Arab action and unity in order to better address the multiple challenges facing stability, peace and development in the Arab region. This came in a speech readout on his behalf by Foreign Minister Salaheddine Mezouar at the Arab Summit on Monday in Mauritania’s […]
The African Development Bank (AfDB) commended Morocco’s commitment to economic development in Africa, saying that the Kingdom gears 85% of its foreign direct investments to the continent. In a statement issued following the visit of the AfDB President Akinwumi Adesina to Morocco last week, the Bank described the Kingdom as “one of AfDB’s best performing […]
The United States expressed support to Morocco’s decision to reintegrate the African Union (AU) saying this “reintegration will benefit the whole of Africa.” “We welcome Morocco’s request to reintegrate the African Union,” said Assistant Secretary of State, Tony Blinken, who was last week in Morocco, part of a Maghreb tour that also included Tunisia and […]