First Independent Mena Newspaper
Morocco has canceled customs duty on oilseeds and other ingredients used for table oil in order to deal with skyrocketing prices. The decision was announced by the government spokesman Mustapha Baitas following the weekly cabinet meeting Thursday. The decision aims to alleviate the financial burden on households as the price of cooking oil is set […]
Preparations for the annual meetings of the World Bank Group and the International Monetary Fund were at the focus of talks, held Thursday in Rabat, between Minister of Economy and Finance, Nadia Fettah, Central Bank governor Abdellatif Jouahri, WB Vice-President and Corporate Secretary, Diariétou Gaye, and IMF Secretary-General, Ceda Ogada. The meeting was held part […]
The Federal Executive Council (FEC) under the Nigerian Presidency has authorized the Nigerian National Petroleum Corporation (NNPC) to enter into an agreement with ECOWAS for the construction of the Nigeria-Morocco gas pipeline. Minister of State for Petroleum Resources, Timipre Sylva, informed State House officials of the decision after the FEC meeting, chaired by Vice President […]
The first confirmed case of monkeypox has been recorded in Morocco, the Ministry of Health and Social Protection announced Thursday. “The case, coming from a European country, was identified under the protocol established by our country since the launch of the global health alert,” the ministry said in a statement. The patient’s health condition is […]
Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office des Changes (exchange office). These transfers are up 5.3% or 1.52 billion dirhams, said the Office in its monthly bulletin of foreign trade indicators for April 2022. The Office also […]
Morocco mulls building nuclear power plants to enhance further its low-carbon energy mix and speed up its green economy transition by adopting smart technologies to maximize efficiency, reduce costs and CO2 emissions. These projects have been unveiled by minister of Energy Transition & Sustainable Development, Leïla Benali at the House of Advisors (Parliament upper house). […]
Skoda Auto is among the automotive makers who are looking to Morocco to supply cable harness to offset the production disruption due to the Russia-Ukraine war. In a statement, Skoda Auto said it has secured additional production capacities of cable harness from Morocco and Romania which will add to a plant it has relocated from […]
Morocco reported a 124% rise in tourism receipts to 14.62 billion dirhams ($1.5 bln) up to April this year, getting closer to pre-pandemic levels of 2019, the exchange office said. Analysts say that the receipts could have been higher had it not been for Ramadan which coincided with April this year. Morocco is restoring air […]
Leader of the Spanish Popular Party Alberto Núñez Feijóo has underlined the importance that this main Spanish opposition party attaches to relations with its North African neighbor and partner. This came at a meeting Tuesday in Rotterdam, Netherlands with the head of the Moroccan government and president of the National Rally of Independents (RNI), Aziz […]
Morocco has pleaded for more solidary and innovative partnership between the two shores of the Mediterranean to overcome the effects of the Covid-19 crisis and boost vital economic sectors in the Euro-Mediterranean region. Speaking at the 2022 Euromed Summit of Economic and Social Councils and similar institutions held in Marrakech, President of the Economic, Social […]