First Independent Mena Newspaper
The Moroccan banking group Attijariwafa Bank plans to transform its subsidiary Dar Assafaa into an Islamic financial institution according to the group’s CEO. Kettani said that the Attijariwafa Bank Group is transforming its subsidiary Dar Assafaa into a full Islamic bank, with its independent identity. In this context, the banking group belonging to the Royal […]
Moroccan communication minister seemed upbeat about the launch of private TV networks very soon, saying he is convinced that it is high time for Morocco to finalize the liberalization of the sector. Mustapha El Khalfi told Al Huffington Post Morocco (http://www.huffpostmaghreb.com/maroc/) “We believe that it is time to complete the liberalization process… but our role […]
Circle Oil announced a new gas discovery in the Sebou Permit after two previous similar announcements in the zone. Circle Oil Plc (AIM: COP), the Middle East and North Africa focused oil and gas exploration, development and production company, described in a press release the gas discovery following the preliminary results of drilling as “significant.” […]
The European Union recognized the strategic role played by Morocco in anti-terror struggle as indispensable and called for enhanced cooperation between the North African nation and the countries of the Sahel-Sahara region in order to fight more effectively terrorist networks. In a statement released at the end of the 12th Association Council meeting held Tuesday […]
Moroccan and Spanish security authorities have captured seven terrorists, members of a network that recruits women and sends them the Islamic State (IS) in Syria and Iraq. Four people were arrested in the Spanish enclaves of Ceuta and Melilla while the 5th suspect was picked in Barcelona. The Moroccan police caught two others in Fnideq. […]
The US Automaker Ford became last week the 60th international company to establish regional headquarters in Casablanca Finance City. Ford which has just obtained the CFC status will base the African regional headquarters of its branch, the Ford International Business, in Casablanca Finance City wherefrom it will manage its operations across the continent. The CFC […]
The second World Forum on Human Rights, held in Marrakech November 27-30, featured hundreds of brain storming sessions on the situation of human rights in the world and on ways and means of promoting these rights at the national and international levels, since the challenge is not facing just a few countries but the whole […]
Morocco and the United States agree on the importance of the non-military aspects of the struggle against violent extremism and on social and political inclusion and economic opportunity as a compelling alternative to extremism. This was stated at a meeting held on Wednesday in Fez between King Mohammed VI and U.S. Vice-President Joe Biden who […]
Morocco has renewed its readiness to take part in negotiations, either direct negotiations or negotiations through UN mediation, to settle once and for all the Western Sahara conflict, but made it clear that its sovereignty over its entire territory is not negotiable and that the autonomy initiative proposed in 2007 is the maximum that Morocco […]
Part of its continuous efforts to promote the automotive sector, Morocco signed last week five performance contracts that will support the deployment of four ecosystems in the automotive sector, namely automotive wiring, automotive seating & Vehicule interior; metal / stamping; and automotive batteries. The contracts, signed on the sidelines of the 4th edition of “Automotive […]