First Independent Mena Newspaper
Morocco’s plea before the International Court of Justice (ICJ) on the legal consequences arising from Israel’s policies and practices in the occupied Palestinian territory was hailed by Advisor to the Palestinian President for Religious Affairs, Mahmoud El Habach, and Palestinian expert in Israeli affairs, Nazir Majli, as reflecting the Kingdom’s unwavering position on the Palestinian […]
A parametric insurance pool, facilitated by reinsurance broker Gallagher Re, paid out $275 million to Morocco’s Solidarity Fund against Catastrophic Events (FSEC), responding to the 7-magnitude earthquake that rattled Al-Haouz region on September 8, 2023, Middle East Insurance Review reported earlier this month. The insurance broker confirmed last year that it was in touch with […]
Morocco’s presence in the hearings taking place in the International Court of Justice (ICJ), as part of the case requesting an advisory opinion on the legal consequences arising from Israel’s policies and practices in the occupied Palestinian territory, including East Jerusalem, and its written plea to the ICJ that was duly taken into account by […]
As the diplomatic fog dissipates in French-Moroccan ties, French economy minister Bruno Le Maire is expected to lead a business delegation to Morocco in April to promote investments. The visit would be the second by a member of Macron’s administration to Morocco after an announced visit soon of newly appointed foreign minister Stephane Séjourné. Bruno […]
EBRD’s Head for Morocco Antoine Sallé de Chou announced on Thursday at the Mohammed VI Polytechnic University (UM6P) in Salé that the European Bank for Reconstruction and Development (EBRD) has facilitated investments exceeding €400 million in Morocco’s water sector. These investments primarily address issues pertaining to water supply and demand management, Sallé de Chou told […]
Chairman of the Council of Secretaries of the Humanitarian Funds of the Organization of Islamic Cooperation (OIC), Sheikh Abdulaziz bin Abdulrahman Hassan Al-Thani, commended the “leading” role of King Mohammed VI, Chairman of the Al Quds Committee, in supporting the Holy City, its inhabitants and its institutions. During a visit to the headquarters in Rabat […]
Spanish aeronautical group Aciturri is expanding its presence in Morocco through a new partnership announced Wednesday. Under the new partnership, Aciturri will establish a new manufacturing facility in Midparc, a Moroccan industrial development company, with an estimated investment of $2.4 million (25 million dirhams) planned for equipment in 2024. The agreement, signed in Casablanca in […]
Spain is planning to invest 45 billion euros in Morocco by 2050 in various projects, said Spanish Prime minister Pedro Sanchez at a press conference held Wednesday in Rabat at the end of his working visit to the North African Kingdom. “Spain is a key partner for Morocco with €45 billion investment planned by 2050”, […]
The African Continental Free Trade Area (AfCFTA) agreement offers four significant opportunities to the Moroccan automotive sector, which is among the best developed on the continent, especially for its affordable inputs, finished exports, advantageous labor, and reduced customs tariffs, the 9th edition of the CFC Africa Insights report outlined. The report, titled “AfCFTA: unlocking the […]
The African Development Bank Group (AfDB) is committed to actively contribute to financing development projects in Morocco, in line with the kingdom’s social and economic priorities. The remarks were made by the special representative of the AfDB President, Yacine Fal, at a meeting in Rabat this Thursday with Morocco’s Minister of Economy and Finance, Nadia […]