First Independent Mena Newspaper
The Central Bank is preparing a law governing the use of cryptocurrencies in Morocco, which is expected to be submitted to Parliament by year’s end, a senior official said. The central bank is benchmarking and examining similar laws elsewhere, Hiba Zahoui director of Bank supervision said at a press conference. She declined to give details […]
Morocco and the World Bank have signed a $500 million financing agreement, representing the first tranche of a loan destined to strengthen human capital for a resilient Morocco. The financing aims to improve protection against health risks, loss of human capital as well as to improve climate risk management and resilience to catastrophic events. The […]
Since King Mohammed VI ascended the Throne, Morocco has been showing Africa the way for south-south cooperation and win-win intra-African partnerships by taking initiatives on the ground matching its Africa policy discourse. The recent such initiative was the helping hand extended by Moroccan state-owned phosphates and fertilizers company OCP which offered African countries 550,000 tons […]
Morocco’s aerospace industry is expected to exceed 2019 levels as new big players invest in the country, the latest of which is Collins aerospace which signed a deal with Morocco’s industry ministry to build an ecosystem benefiting from an already existing platform The exports of the aerospace sector up to May this year hit 877 […]
The Moroccan government announced a $28.3 million plan to mitigate the impact of the recent wildfires on agricultural activity and forests and on livelihoods. Pursuant to the instructions of the King, the Head of Government, Aziz Akhannouch chaired, on Friday in Rabat, the signing ceremony of a framework agreement for the implementation of a series […]
The next step in the expansion of Morocco’s automotive sector is the setting up of an electric vehicle battery plant to build on existing raw material and meet a rising demand in the domestic and international market, industry minister Ryad Mezzour said. The ministry is negotiating with several manufacturers the setting up of such a […]
Combating hate speech requires a sustained and inclusive commitment, increased efforts by UN member states, practical initiatives to prevent incitement to hatred, and strengthening of the capacities of those involved in combating hate speech, through the involvement of universities and research institutions. The recommendations were made by participants in a high-level international symposium held in […]
A senior US delegation led by Ron Busby, President/CEO of the U.S. Black Chambers, visited Agadir, as part of a working trip to Morocco. The two-day visit to the Souss-Massa region (Thursday & Friday) was part of preparations for the celebration of Agadir as guest of honor of the 2023 “Morocco Day” in Washington DC. […]
The Moroccan Agency for sustainable energy (MASEN) and India’s National thermal power corporation (NTPC) signed a memorandum of understanding, providing for carrying out of joint projects in the field of renewable energy. Under the MoU, MASEN and NTPC will work on capacity building and share their experiences and expertise in the renewable energy field. The […]
The Ministry of the Royal Household, Protocol and Chancellery announced this Friday in a statement that taking into consideration the continuation of preventive measures imposed by the evolution of the health situation related to the Covid-19 pandemic, it has been decided to postpone all activities, festivities and ceremonies planned on the occasion of Throne Day, […]