First Independent Mena Newspaper
The US Radisson hotel group plans to increase the hotels it operates in Morocco to 25 by 2030 to tap into a growing tourist market. The group plans to reinforce its presence in Casablanca and Marrakech as well as to open new hotels in Rabat, Tangier, Agadir, and Fez, said Africa director at Radisson Erwan […]
Morocco’s Bank of Africa said its 2023 profit increased 16% to 260 million dollars last year, with a net banking income of 1.7 billion dollars, up 9%. African branches contributed by 56% in this performance while Moroccan business accounted for 42% of total earnings, the bank said. Bank of Africa, previously known as […]
Morocco’s Permanent Mission to the United Nations in New York stressed on its X account that Morocco welcomes the UN Security Council’s adoption on Monday of resolution 2728, which calls for an immediate ceasefire in the Gaza Strip during the month of Ramadan. “This resolution is a crucial step towards putting an end to the […]
King Mohammed VI laid, on Tuesday, the foundation stone for a community medical center and launched the 2nd Stage of a connected mobile medical units program in Casablanca. The two projects reflect the King’s commitment to strengthen the national healthcare system, improve medical services for citizens, consolidate community healthcare services, promote the access of populations, […]
Morocco’s tourism arrivals will continue to expand in 2024, building on the market’s ability to recover to its pre-pandemic arrival (2019) levels in 2023, says Fitch Solutions in its latest business monitoring report. Over the medium term (2024-2028), a projected annual growth of 4.4% will be supported by the government’s 2023-2026 Tourism Strategic Roadmap, adds […]
A visiting delegation of the US Congress commended, Monday, the leadership of King Mohammed VI in promoting regional peace and stability. Morocco and the United States are working together to promote a more stable and secure region, US Congressman (R-Texas) August Pfluger told the press following talks in Rabat with Minister of Foreign Affairs, Nasser […]
Ways to strengthen the strategic relationship existing between Morocco and the United States were reviewed at a meeting in Rabat this Monday Head of Government, Aziz Akhannouch, and a six-member delegation of US Congressmen representing both the Republican and Democratic parties. During the meeting, the two parties surveyed the various aspects of multi-sector bilateral cooperation, […]
Efret logistics Company has launched lately a road freight service from the UK to Morocco, a politically stable and business-friendly country increasingly looking to new markets to promote growth. The expansion of the Moroccan economy is creating new opportunities for UK firms. Last year, UK’s exports to the North African Kingdom reached £1.4 billion which […]
Saudi renewable energy company, Acwa Power, said a new breakdown will leave a solar plant in Noor Ouarzazate project idle until November 2024, totaling losses estimated at 47 million dollars. The breakdown was due to a storage problem, it said in a statement on the Saudi Stock Exchange, adding that it was planning to build […]
King Mohammed VI sent a message of condolences and solidarity to Russia’s President, Vladimir Putin, following the terrorist attack that targeted a concert hall in Moscow and that left many people killed or injured, describing the assault as “heinous and reprehensible.” In this message, the Sovereign expressed Morocco’s strong condemnation of this cowardly and criminal […]