First Independent Mena Newspaper
King Mohammed VI is represented at the second Russia-Africa Summit by Head of Government, Aziz Akhannouch, who arrived in Saint Petersburg on Thursday. The second Russia-Africa Summit and Economic Forum opened in St. Petersburg, in the presence of heads of state, heads of government and ministers from 49 African countries, according to the Kremlin. The […]
Fitch Rating highlighted the positive outlook for the seven largest Moroccan banks in 2023 whose profitability is set to improve on the back of a better risk management. “We expect profitability will improve at a faster pace in 2023 as lower impairment charges (LICs) should continue to decline while higher rates will start to feed […]
Conservative MP James Duddridge has described Morocco as a longstanding partner and friend offering UK huge post-Brexit trade opportunities. In an Op-Ed published Wednesday by the House, founded by a cross-party group of UK MPs, Mr. Duddridge said when it comes to post-Brexit trade opportunities, the UK government is right to prioritise building on the […]
Morocco has commissioned its 14th national wind Farm in the southern city of Boujdour that is expected to produce 300MW as part of efforts to accelerate the country’s transition into green energy. The National Office of Electricity and Drinking Water (ONEE), Morocco’s utility company, unveiled the project at the same time as it activated the […]
Indian multinational information technology services and consulting company HCLTech launched a Global Delivery Center (GDC) in Rabat, Morocco, as part of the company’s nearshore strategy to serve global enterprises, announced HCLTech this week. The company said that the launch follows the signing of a memorandum of understanding between HCLTech and the government of Morocco in […]
The Archives of Morocco and the Archives of Israel signed, on Wednesday in Rabat, a memorandum of understanding (MoU) aimed at preserving the Jewish-Moroccan memory and heritage. The MoU, initialed by the director of Morocco’s Archives, Jamaa Baida, and the head of Israel’s Archives, Ruth Avramovitz, who is visiting the Kingdom, will allow to enrich […]
Quran Burning: UN adopts Morocco-proposed resolution against hate speech The UN General Assembly has adopted a resolution introduced by Morocco to counter hate speech and promote tolerance and moderation following the latest offensive, disrespectful and provocative acts of burning the holy Quran in Sweden and Denmark. The resolution, approved by the 193 UN members, seeks […]
Morocco, faithful to its values of Maghreb brotherliness and solidarity, expressed condolences to Algeria on the deaths left by wildfires, saying it follows with pain and regret the blazes across the country. This came in a statement by Morocco’s foreign ministry which is in line of the country’s stand in favor of an integrated Maghreb. […]
Morocco will host for the 2nd consecutive year the prestigious awards of the Confederation of African football on December 11. The list of nominees has not yet been released by CAF. Last year, Senegal’s forward Sadio Mane and Nigeria and Barcelona top striker Asisat Oshoala were honored. The CAF awards celebrate the best performers from […]
The World Bank has approved a $350 million results-based financing program to support Morocco implement its National Program for Drinking Water Supply and Irrigation (PNAEPI 2020-2027) in the framework of the 30-year National Water Plan (PNE, 2020-2050). Launched in 2020, PNAEPI aims to improve water security by accelerating investments in the sector and strengthening the […]