First Independent Mena Newspaper
The World Bank has granted an additional €94.7 Mln loan to the Casablanca Municipal Support Program, destined to increase the investment capacity of the commune, to strengthen the resilience of the city of Casablanca to the effects of climate change, and to improve access to basic services for citizens. The additional financing will allow to […]
King Mohammed VI has pleaded for a new industrial era that seeks to ensure Morocco’s sovereignty in the sector, enhance its resilience, and increase its competitiveness. In a message addressed to participants in the “First National Industry Day” which kicked off Wednesday in Casablanca, the Sovereign stressed the importance of being “fully prepared to enter […]
Spain has dealt a hard blow to Polisario and its puppeteers during the latest summit of the Ibero-American Conference of Heads of State and Governments, an organization equivalent of the Commonwealth or Francophonie. During this summit convened in Santo Domingo, Dominican Republic, Spanish foreign minister José Manuel Albares has foiled a plot hatched by the […]
Morocco remains the most secure country from terrorist attacks in the southern Mediterranean, said the Institute for Economics & Peace (IEP) in its 2023 Global Terrorism Index. Morocco took the 83rd place ahead of European countries such as Spain, the Netherlands and Austria underscoring its standing as the safest country in North Africa. “The countries […]
Morocco phosphates and fertilizers producer OCP posted a record revenue of 11.28 billion dollars in 2022, up 40%, thanks to high prices as well as industrial flexibility, commercial agility, and efforts to reduce production costs. “OCP was able to fully leverage the benefits of higher prices, while calibrating production to match the attendant lower volumes, […]
Morocco and Cambodia signed, in Rabat on Monday, an agreement on air services meant to promote tourism and trade between the two countries. The agreement signing took place during the meeting of visiting Cambodian deputy prime minister and minister of Foreign Affairs Prak Sokhonn with Morocco’s Foreign minister Nasser Bourita. The two officials welcomed the […]
The NGO for Economic & Social Development has called in Geneva on the Algerian authorities to put an end to the sufferings and human rights abuses committed on its territory by Polisario armed militiamen in Tindouf camps. Addressing on Monday the ongoing 52nd session of the Human Rights Council during the Universal Periodic Review of […]
BMCE Capital, the investment banking arm of Bank Of Africa-BMCE Group, has been awarded the prize of the “Best Investment Bank in Morocco in 2023” by the “International Investor Magazine”. This award confirms BMCE Capital’s position in investment banking, both nationally and continentally, and its quest for excellence in the service of its partners and […]
A partnership and cooperation framework agreement was signed, Monday in Ramallah, between Bayt Mal Al-Quds Asharif Agency and the Bank of Palestine, covering several development areas. The agreement provides for cooperation between the Rabat-based Agency and the Bank to create financing instruments for the benefit of the housing and tourism sectors, in order to achieve […]
Cambodia expressed, Monday from Rabat, its full support to Morocco’s sovereignty and territorial integrity as well as its respect to the Kingdom’s efforts to reach a negotiated political solution to the Sahara issue. This position was expressed in a joint statement issued after talks between Cambodian Deputy PM and Minister of Foreign Affairs, Prak Sokhonn, […]