First Independent Mena Newspaper
Morocco will spend 1.4 billion dollars next year to promote employment, including through different training programs and measures in the countryside, the head of the government said. Unemployment has surged in Morocco in recent years to hit an unprecedented 13.6% as drought forces the farming sector to shed more jobs in the countryside. The budget […]
Finance minister Nadia Fattah Alaoui said the introduction of cryptocurrencies in Morocco would help promote financial inclusion provided they are governed by a sound legal framework. The Moroccan central bank said a draft law was undergoing the process of adoption ending a ban that has been in place since 2017. The central bank was also […]
The African Development Bank (AfDB) has extended Morocco a €104.7 million loan to boost the water sector in the Kingdom. The funding is destined to speed up the digitalization processes of the National Office for Electricity and Drinkable Water (ONEE), boost drinking water production in several urban areas (Asfalou, Bouhouda and Agourai), and improve the […]
EU High Representative for Foreign Affairs and Security Policy Kaja Kallas affirmed that the EU can “rely on Morocco to strengthen our long-standing relations and address challenges together.” “I know we can count on Morocco to reinforce our long-standing relations and tackle challenges together,” stated Kallas following a phone conversation on Monday with Moroccan Foreign […]
Speaker of Mauritania’s National Assembly Mohamed Bemba Meguet asserted that his country attaches top priority to promoting historic and brotherly relations with Morocco in various fields. During talks with Morocco’s Upper House Speaker, Mohamed Ould Errachid, in Rabat on Monday, Meguet stressed that Mauritania, State and people, attaches “paramount importance” to strengthening economic, cultural and […]
Justice Minister Abdellatif Ouahbi said the Kingdom will vote in favor of the tenth United Nations resolution on a moratorium on the application of the death penalty. The resolution will be voted in the coming days during the next United Nations General Assembly, the minister told members of parliament. The decision marks a major shift […]
South African Businessmen and economic stakeholders have joined their voices to those of politicians and activists to call for consolidating economic partnerships between their country and Morocco, a rising economic power in Africa. In this context, the CEO of Gauteng Tourism Authority (GTA), the government agency of the Gauteng province in South Africa, Stembiso Dlamini, […]
Moroccan foreign minister Nasser Bourita reiterated the Kingdom’s steady position for the preservation of Syria’s national unity and territorial integrity after the fall of Bashar Assad’s regime. Morocco, under the leadership of King Mohammed VI, “has always been clear concerning the preservation of territorial integrity, national sovereignty, and the unity of the Syrian people. This […]
Morocco’s GDP grew 10% to 146 billion dollars in 2023, the high commission for planning, HCP, said in its final statistics. Financial and non-financial firms contributed by 45% to the national GDP, while public administrations contributed by 15.2%, HCP said in a recent report. Households and non-lucrative entities contributed by 29%, it said, adding that […]
The 21st annual Marrakech International Film Festival concluded on Saturday with the awarding of the festival’s various prizes. The prize, the Golden Star, was awarded to“Happy Holidays” movie by Palestinian director Scandar Copti. The 123-minute feature film delicately examines the tension between emancipation and conservatism within the 1948 Palestinian society, reflecting a profound belief that […]