First Independent Mena Newspaper
Morocco’s central bank pauses its monetary tightening as inflation is expected to further drop to 2.6% in 2024 from 6% in 2023 amid preparations for reconstruction in earthquake-hit areas. Speaking to the press Abdellatif Jouahri highlighted the uncertainties of the global economy and the need for vigilance, adding that holding the key interest rate as […]
The African Football Confederation (CAF) rejected the bad loser act of Algeria to withdraw its bid on the eve of a vote on the 2025 host of the African Cup of Nations won by Morocco. CAF refused Algeria’s childish act of withdrawing one day ahead of the vote as the Algerian decision seemed to be […]
The European Bank for Reconstruction & Development expects Morocco’s economic growth to reach 3.1 % up from the 1.3 % recorded in 2022 when a drought compounded the adverse impact of tighter global financing conditions. According to the Bank’s Regional Economic Prospects report released Wednesday, the forecast does not incorporate the effects of the powerful […]
King Mohammed VI, Commander of the Faithful, accompanied by Crown Prince Moulay El Hassan, Prince Moulay Rachid, Prince Moulay Ahmed, and Prince Moulay Ismail, presided over a religious ceremony on Wednesday evening at the Hassan Mosque in Rabat, in commemoration of Eid Al-Mawlid Al-Nabawi Acharif. This religious ceremony was marked by the recitation of verses […]
Morocco set up the High Atlas Mountains development agency to oversee reconstruction efforts in the earthquake-hit areas. The agency was set up in implementation of Royal directives which urged speeding up reconstruction efforts after the 7-magnitude quake that left nearly 3000 people dead, and damaged 60,000 homes. The agency will oversee projects aiming at rehousing […]
This Wednsday September 27, the verdict is in! The executive committee of the Confederation of African Football (CAF) voted unanimously for Morocco. The Kingdom will therefore organize the next African Cup of Nations (CAN 2025) for the second time in its history. The long-awaited meeting of the CAF Executive Committee took place in Cairo. The […]
Morocco has spelled out its national strategy to become a global player in green hydrogen industry as of next year. The kingdom is poised to start the production and the export of green hydrogen by next year. To meet the target, authorities have identified a set of actions to be taken to achieve what they […]
The Morocco-proposed autonomy initiative, within the framework of the Kingdom’s territorial integrity and national sovereignty, is the “One and Only” solution to the artificial regional dispute over the Moroccan Sahara, stressed, Tuesday in New York, the permanent representative of Morocco to the United Nations, Omar Hilale. In Morocco’s address during the general debate of the […]
King Mohammed VI, Commander of the Faithful, has launched the process of reforming the Family Code to keep pace with the changes taking place in the country and Moroccan society wherein tradition and modernity go hand in hand. In a Letter addressed to Head of Govt., the Monarch sets a six-month deadline for submitting the […]
Morocco’s central bank has decided to keep its key rate unchanged at 3 percent due to the high degree of uncertainty surrounding the international developments and the domestic context in the aftermath of the earthquake that hit the country on Sept.08. The decision was made Tuesday by the Board of Bank Al-Maghrib after discussing local […]