First Independent Mena Newspaper
King Felipe VI of Spain highlighted, Monday in Bilbao, the importance of his country’s relations with Morocco and underlined that Morocco has “economic sectors with high potential.” “Morocco is a country with high potential economic sectors,” King Felipe VI said in an address delivered at the opening of the 26th National Congress of Family Business, […]
King Mohammed VI, President of the Al-Quds Committee, has given his instructions for the dispatching of emergency humanitarian aid to the Palestinian populations. This aid includes significant quantities of foodstuffs, medical supplies, and water, a statement released this Monday by the Foreign Ministry said. The modalities of sending this emergency assistance will be […]
Morocco has called on the Peace and Security Council (PSC) of the African Union (AU) to support peace, security and development efforts in Gabon and Niger to ensure the success of the transition in these two African countries. Addressing remotely a PSC meeting focusing on the situation in Gabon and Niger, Morocco’s permanent representative to […]
The Moroccan government has increased its general budget by 6.3% to about 62 billion dollars to meet increasing spending on social safety nets, earthquake reconstruction, job creation, and economic development. Speaking to members of Parliament, Finance Minister Nadia Fettah Alaoui said the government will also increase its public investment budget by 35 billion dirhams to […]
Morocco was the top outperforming destination of the Greenfield Foreign Direct Investments (FDI) in 2023, as it attracted worldwide commitments totaling $34 billion worth of investment projects. These pledges are projected to double the previous all-time high of $15.8 billion set in 2008, fDi Markets said in a recently released report. The North African country […]
Morocco remains committed to the option of peace and is willing to engage in international mobilization to end the tragic and dangerous situation in Gaza. The remarks were made by Foreign Minister Nasser Bourita who represented King Mohammed VI at the Peace Summit hosted this Saturday by Egypt. Morocco, under the leadership of King Mohammed […]
Morocco has called for a political solution and an inclusive dialogue to preserve the unity and territorial integrity of Sudan, and reaffirmed readiness to provide all the necessary support to help the brotherly country overcome this difficult period and build a future of peace, stability and prosperity that meets the aspirations of its people. Speaking […]
Morocco’s automotive exports reached $8.8 billion between January and August this year, a jump of 35.6% year on year, says “FDI Intelligence” in its latest report on the investment opportunities offered in the North African Kingdom. This impressive growth highlights the sector’s leading position in the country’s overall exportation, as it outperforms the sectors of […]
Morocco is preparing to host the 2025 African Cup of Nations and the 2030 World Cup by building a new stadium worth 500 million dollars and renovating six other stadiums. In implementation of King’s instructions, head of the government Aziz Akhannouch chaired a signing ceremony with CDG investment fund which will finance the projects. In […]
The Moroccan police found 1.370 tonnes of cocaine in a fish distribution company in Casablanca, in one of the major catches in the country. The banned substance was found when a fish distribution company alerted the police to the existence of the white powder, the police said in a statement. The Moroccan police […]