First Independent Mena Newspaper
The 2022 meeting of the African Consultative Group of Finance Ministers & Central Bank Governors of the 54 African Member States of the World Bank and the IMF wrapped up works Wednesday in Marrakech with the adoption of the “Marrakech Declaration”. The document urged the WB and the International Monetary Fund to provide “rapid, comprehensive […]
Morocco’s economic growth will slow down to 0.8% in the third quarter this year, compared to 8.7% the same period last year, the high commissioner for planning HCP said. The HCP mentioned the impact of the geopolitical tensions and imported inflation that has slowed the post-covid growth of the Moroccan economy. Global demand on Morocco […]
The exports of Moroccan automotive sector increased by 24.4% to over $4 billion during the past five months against $3.2 billion recorded the same period of last year, according to latest data released by Moroccan Foreign Exchange Office. However, the share of car sales in total exports slightly drops to 23.4% end of May 2022 […]
Police at the Casablanca Mohammed V International Airport seized this Wednesday 17.7 kg of cocaine and arrested two sub-Saharan nationals for their alleged involvement in this international cocaine trafficking. The suspects, aged 31 and 33, were arrested immediately upon their arrival at the airport. They were coming “from a Central African country,” said a statement […]
Morocco managed within a short period to ensure gas supply for two small powerplants supplying northern Morocco. The power plants of Tahaddart and Ain Béni Mathar operating with LNG have started to be supplied with gas through the Maghreb-Europe pipeline, after Morocco and Spain reversed the flow of gas last week, Moroccan electricity utility ONE […]
Morocco has reiterated its position to the UN envoy Staffan de Mistura that autonomy under the kingdom’s sovereignty and territorial integrity is the only solution to the regional conflict over the Sahara. This came during talks on July 5 in Rabat between Foreign Minister Nasser Bourita and de Mistura. “The Moroccan delegation also expressed Morocco’s […]
Morocco is a “key strategic” partner of the European Union and plays a “major” role in migration management and the fight against smugglers, European Commissioner for Home Affairs, Ylva Johansson, said on Monday before the European Parliament in Strasbourg. Speaking during a plenary debate on the recent storming attempt of the metal fence in the […]
King Mohammed VI has called for more international support and cooperation to enable African countries to mitigate the impacts of the soaring inflation affecting the global economy and enhance their resilience in the face of external shocks. In a message to participants in the 2022 Meeting of the African Caucus of Finance Ministers & Central […]
Members of the Andean Parliament, led by Senate Speaker of Chile, Fidel Espinoza Sandoval, have been dazzled by the socio-economic development accomplished in the Moroccan Saharan city of Laayoune. They toured the city on the sidelines of the first ever joint session held Monday by the Moroccan and Andean Parliaments in the capital of the […]
Head of the Spanish Government Pedro Sánchez has pleaded for more solidarity with Morocco on the part of Spain and Europe to face up illegal immigration, while hailing the efforts made by the North African country to fight illegal immigration mafias. Some people “sometimes seem to think that countries like Morocco do not suffer from […]