First Independent Mena Newspaper
Morocco’s competition council has issued a new report detailing facets of dysfunctions in the fuel market from the upstream to the downstream, citing notably the repercussions of oligopoly in a country where 3 companies have more than 60% of the market share. The 104-page report came at a context where Morocco bears the brunt of […]
Thanks to decades of investments, Moroccan major banks increased their market share in the 8 countries of the West African economic community (ECOWAS) to 21%. A recent ECOWAS report highlighted the expansion of Morocco’s Attijari Wafabank, BCP and Bank of Africa, whose activities dominate some countries such as Mali. In Mali, the three banks have […]
The African Development Bank has approved a €199 million loan to finance Morocco’s competitive & resilient cereal development program to help boost food security, nutrition, and crops resilience across Africa. The program will help reduce Morocco’s cereal imports, focusing on improving productivity and the resilience of cereal production to climate change. It also provides for […]
Moroccan UM6P University and its Israeli peer Bar-Ilan agreed to cooperate in developing clean energies, notably those based on hydrogen, renewables and recycling. The resumption of ties between Morocco and Israel in late 2020 paved the way for academic cooperation between the two countries, including through exchange programs. This new partnership will enable young researchers […]
Algeria’s military rulers and their civilian façade continue their theft of cultural heritage of their neighbors, the latest episode was the appropriation of Moroccan mosaic in their national squad outfit which triggered an immediate condemnation from Morocco’s cultural ministry demanding Adidas to withdraw the Tshirts or risk a lawsuit. Morocco’s culture ministry lawyer Mourad El […]
The Moroccan Government decided Thursday at the cabinet’s weekly meeting to extend the state of health emergency until October 31, 2022, to continue to ensure the effectiveness and efficiency of measures taken by public authorities to stem the spread of the Covid-19 pandemic. The Government Council examined and adopted a draft decree, presented by the […]
Portugal, which is faced with a labor shortage, is set to recruit 400 Moroccans who will work in the farming sector, under a Memorandum of Understanding signed Wednesday. The MoU was signed, Wednesday in Lisbon, between the Moroccan National Agency for the Promotion of Employment and Skills (ANAPEC) and the Portuguese Institute for Employment and […]
Morocco and the United States have co-signed, in Vienna, a joint statement on strengthening cooperation in preparedness and response to radiological and nuclear emergencies. The statement, inked on the sidelines of the ongoing 66th General Conference of the International Atomic Energy Agency (IAEA), is part of the long-standing partnership between Morocco and the United States […]
Morocco will take over the rotating chairmanship of the Peace & Security Council of the African Union for one month starting October 1st to serve peace and security in the continent. The Moroccan presidency of the AU-PSC is part of the Kingdom’s commitments to a peaceful, stable and prosperous Africa, said on Thursday Morocco’s Foreign […]
Moroccan authorities announced on Thursday the arrest of a member of ISIS terror organization in Casablanca in cooperation with U.S. intelligence services. The jihadist, 29, was involved in preparing a terror attack against the country’s peace and stability. Law enforcement agents searched his premise and found cell phones, SIM cards, a PC and two laptops. […]