First Independent Mena Newspaper
Morocco’s central bank has hiked its key rates by 50 basis points to 2% to tame a soaring inflation, but this measure alone is not enough to tackle inflation according to central bank governor Abdellatif Jouahri. “The job of the central bank is monetary policy but growth is the job of the government,” he told […]
Japanese Prime Minister, Fumio Kishida, reaffirmed, during talks Wednesday in Tokyo with the Head of Government Aziz Akhannouch, Japan’s position of non-recognition of the polisario separatist entity. During the talks, Kishida assured Akhannouch of his desire to see Morocco, an important partner, participate in all meetings organized by Japan and to coordinate the action of […]
The European Bank for Reconstruction and Development (EBRD) expects Moroccan economic growth to decelerate to 1.1 per cent in 2022, before rebounding the following year thanks to the anticipated agricultural performance and return of other sectors to pre-pandemic levels. In its Regional Economic Prospects report released this Wednesday, the Bank says economic recovery in Morocco […]
The customs operating at the port of Tanger Med have recently foiled an attempt to smuggle gold coins worth nearly $51,500. The customs aborted an attempt to smuggle out 150 pure gold old French coins without authorization, a source at the customs said. A Frenchman attempted to smuggle these coins, weighing 964 grams, out of […]
Moroccan companies DeepEcho, Medevice and Sorbus are among the winners of grants awarded by the Bill & Melinda Gates Foundation to support African health innovators seeking to optimize supply chains, improve access to medicines and advance towards universal health coverage. Twenty-seven other healthtech start-ups have been selected to benefit from a $7 million program (i3) […]
The international Teaching Hospital Mohamed VI in the Moroccan city of Bouskoura, near the city of Casablanca, has carried out a mandibular surgery using 3D printed titanium prosthesis, an unprecedented surgery using such a technology. The surgery took place on September 15 and was carried out by Prof. Kounimba Coulibaly on a female patient suffering […]
The European Union wants to strengthen its “unique and reliable” partnership with Morocco at all levels, said the President of the European Commission, Ursula von der Leyen. “We want to strengthen the unique and reliable EU-Morocco partnership across the board: Enhanced trade and more cooperation on digital and energy, for example,” Ms. Von der Leyen […]
Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]
Morocco’s reputation has remained stable in the course of 2022, registering a slight increase of 0.3 points in its general reputation indicator, standing at 48.6 points on the RepCore scale, which corresponds to a moderate reputation according to the Reputation Lab normative scale. This is what emerges from the report published by the IRES. This […]
At least 520,000 people attended a music festival that run over three days (Sept. 22 – 25) in Rabat, bringing together a constellation of mega music stars, signaling the recovery of Morocco’s artistic scene after a period of cultural lethargy that lasted two years because of Covid-19. The final concert was attended by 200,000 music-lovers […]