First Independent Mena Newspaper
Morocco’s Mohammed VI Investment Fund and Moroccan banks (GPBM) signed a deal to allow private investors access to subordinated debt. The fund said it will allocate 4 billion dirhams to this financing mechanism that will be available starting from April. The new launched subordinated debt targets enterprises with a capitalization of 5 to 500 million […]
The Organization of Islamic Cooperation (OIC) has paid tribute to the support provided by Al-Quds Committee, chaired by King Mohammed VI, to counter Israel’s judaization policies carried out in Al Quds al-Sharif in a bid to alter the identity and legal status of the Holy City, and its demographic, cultural and historical characteristics. During its […]
The President of the United Nations General Assembly, Dennis Francis, has designated Morocco’s Ambassador to the United Nations, Omar Hilale, to co-facilitate the UN negotiation process relating to the modalities and the Political Declaration of the World Social Summit dubbed “Second World Summit for Social Development” which will take place in 2025. Hilale will conduct […]
Spain, which is one of Morocco’s key economic & political strategic partners, looks forward to the railway projects launched by the North African Kingdom to meet growing demand. “Morocco has just launched projects to develop its rail network and Spain is ready to contribute to these projects”, said Spanish Transport minister Oscar Puente Santiago following […]
A Geneva-based NGO has alerted to the legal anarchy prevailing in the Tindouf camps in Southwestern Algeria, where thousands of sahrawis live in dire conditions in tents or mud houses and depend mainly on international aid. The NGO, “Promotion du Développement Économique et Social” (PDES), pointed out in its statement at the General Debate on […]
Moroccan Rabha El Haymar has been awarded US International Women of Courage Award 2024 for her successful efforts made to gain recognition of her traditional marriage to spare her daughter a life of marginalization and discrimination as an undocumented child. Ms. Rabha has navigated her country’s legal system thanks to a recourse provided by Morocco’s […]
Morocco’s biggest mining company Managem plans to raise 3 billion dirhams (300 million dollars) to finance its expansion plans in Morocco and Africa. The company said the capital increase will take place between March 14 and April 2 as it braces to start production at a gold project in West Africa known as Tri-K, with […]
Morocco and the Secretariat General of the Gulf Cooperation Council (GCC) signed a memorandum of understanding to promote cooperation in the cultural field. The MoU reflects the two sides’ common resolve to strengthen brotherhood ties and fruitful cooperation between the two parties and to bolster cooperation in the cultural and civilizational fields. The document materializes […]
Germany has expressed the wish to relaunch bilateral collaboration with Morocco through the sealing of a military cooperation agreement, to be followed by specific agreements in the fields of defense and the protection of classified information. The wish was expressed by German Minister Delegate for Defense Thomas Hitschler, who is on a working visit to […]
Morocco outperformed the rest of the Maghreb ranking first in the Global Soft Power index 2023, underscoring the country’s efforts to polish its image and expand its influence globally. Soft power refers to a nation’s ability to influence others through non-coercive means, such as culture, values, and foreign policy. Morocco jumped four places taking the […]