First Independent Mena Newspaper
Morocco’s competition council approved the acquisition by Morocco’s Akwa Africa, a subsidiary of Akwa group, of Total Energies fuel distribution subsidiary in Mauritania. The council did not offer details on the transaction but earlier in November, Financial Afrik said it would amount to 185 million dollars. Akwa Africa was established to help the group expand […]
The US John F. Kennedy Center for the Performing Arts will hold the Arts Gold Medals international awards ceremony in Marrakech on January 23. The ceremony will be attended by Mrs. Deborah F. Rutter, president of the Kennedy Center, and Mrs.Natalia Cobo De Bulgheroni, president of its International Committee, who are currently on a visit […]
Morocco ranks first in Africa in terms of quality of life, according to the “Best Countries Rankings” compiled by US News. Globally, the Kingdom comes in 52nd position. Morocco ranks first among African countries in terms of quality of life, according to the ranking established by the American news magazine U.S. News as part of […]
King Mohammed VI, Chairman of Al-Quds Committee, plays a key role in the protection of the legal, civilizational and religious status of the Holy City, said Morocco’s Deputy Permanent Representative to the UN, Omar Kadiri. Speaking during the quarterly open debate held Wednesday by the Security Council on the situation in the Middle East, including […]
Inflation which stood at 5% in 2022 could have soared to 10% had it not been for proactive measures taken by the government to protect the purchasing power of citizens, finance minister Nadia Fettah Alaoui said. Morocco had increased allocations to the compensation fund to 40 billion dirhams, offered transporters help, while the central bank […]
The same parliament that is outcrying at foreign interference is itself interfering in the judiciary of an European Union neighbor, Morocco, by issuing a non-binding resolution that shows contempt for Moroccan courts to say the least. The European Parliament has on Wednesday adopted a biased resolution that disrespects Morocco’s judiciary and its independence while meddling […]
Viajar magazine, one of the prestigious Spanish magazines specialized in tourism and travel, has designated Morocco as the “best emerging sustainable destination for the year 2022-2023″. The award was presented by the magazine’s director Josep Palau to Director General of the Moroccan National Tourist Office, Adel El Fakir, at an awarding ceremony held Tuesday in […]
Morocco is entering, thanks to the leadership of King Mohammed VI, a new phase of its development characterized by the building of a Social State, the Head of Government, Aziz Akhannouch, said on Wednesday in Davos. In one year, the government has fulfilled the royal agenda by putting in place the regulatory framework for compulsory […]
Canadian company Aya Gold & Silver has raised $70 million for the development of its Moroccan Boumadine and Zgounder mining projects, near Ouarzazate. On Tuesday, Aya firm announced it has agreed to sell 8,485,000 common shares to Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters. […]
The Mohammed VI Museum of Modern and Contemporary Art in Rabat hosts from January 18 to May 15, 2023 an exhibition of Benin’s contemporary art under the theme “Art of Benin yesterday and today: from restitution to revelation”. The exhibition explores part of the history and heritage of Benin, will be an opportunity for art […]