First Independent Mena Newspaper
The draft budget for 2025 provides for an array of measures to curb the impact of imported inflation on the citizens’ purchasing power, including wage hikes, cancelation of VAT and customs duties on some basic foodstuff, and subsidies. Under the new budget, monthly salaries lower than 6000 will be exempted from the income tax, while […]
Morocco has called for a full ceasefire in Lebanon and for the respect of the country’s sovereignty, territorial integrity, and the dignity of its citizens. Lebanon “cannot and must not continue to bear the burden of conflicts that are playing out elsewhere, under the shadow of regional agendas, which have left it drained,” said Morocco’s […]
The International Finance Corporation has announced a $37 million investment in Morocco’s logistics service provider BLS to support the company’s growth strategy and strengthen Morocco’s position as a regional logistics and trade hub. The IFC funding will help BLS finance its expansion plans, which include creating an estimated 500 new jobs by 2030 through the […]
The Moroccan government increased the budget allocated for defense to 133 billion dirhams ($13.5 bln) as it prepares to promote defense industries and upgrade equipment, as shown in the draft budget for 2025. This year, Morocco’s defense budget was at 124 billion dirhams, highlighting the country’s efforts to modernize its army with state-of-the art technologies. […]
King Mohammed VI received this Wednesday at the Royal Palace in Rabat, the members of the government following a mid-term reshuffle that witnessed the appointment of 14 new comers, including 6 secretaries of State. The newly appointed ministers will hold the portfolios of education, higher education, health, agriculture, transport, and solidarity, social integration and family. […]
The Finnish multinational telecommunications and information technology corporation has inaigurated its first innovation center in Africa and the Middle East, in Salé, Rabat’s twin city. The innovation center is equipped with advanced technologies spanning over fixed, IP and optical networks from Nokia’s entire portfolio of network infrastructure. This infrastructure has been tested and developed by […]
A delegation from the Dakhla-based International Research Center for the Prevention of Child Soldiers (French acronym IRCPCS) presented, in Oslo on Monday, the findings of its latest report on the global dynamics that perpetuate the recruitment of children in conflict. The Center presented the results of field investigations through a major study entitled “Global Patterns […]
As Morocco prepares for the upcoming Moroccan Economic Week in Nouakchott this December, both Morocco and Mauritania have reaffirmed their shared dedication to enhancing cooperation across various sectors, aiming to promote regional stability and security. The second edition of the Moroccan Economic and Cultural Week is scheduled to take place in Mauritania’s capital, Nouakchott, from […]
The Republic of Ecuador decided Tuesday to suspend its recognition of the so-called “SADR”, dealing another hard blow to Algeria and its Polisario puppet which continue to suffer diplomatic setbacks and international isolation. Ecuador’s Foreign Minister Gabriela Sommerfeld informed Moroccan peer Nasser Bourita about her country’s sovereign decision during a telephone call. Quito’s decision comes […]
The blunder by UN Envoy for the Sahara Staffan De Mistura in attempting to revive a partition option as a solution to the Sahara conflict is still spilling ink. After Morocco’s foreign minister denounced the obsolete and unfeasible option, the UN deputy spokesman Farhan Haq explained that division is no longer on the table and […]