First Independent Mena Newspaper
Prominent U.S. congressmen have set up a bipartisan caucus to strengthen and expand the U.S. brokered Abraham accords which helped to normalize relations between Israel, Morocco, Bahrain, the United Arab Emirates and Sudan. The new caucus was announced lately in a joint statement by four senators and four members of the House of Representatives. In […]
The Moroccan economy is expected to grow by 3.2 percent in 2022 against 5.3 pc growth recorded the previous year, says the World Bank in its latest Global Economic Prospects report. Morocco’s output is expected to slow this year from the previous year’s rebound as the Kingdom’s agricultural performance returns to historical averages after the […]
Morocco has taken steps to renegotiate a free trade deal with Tunisia and Egypt to protect its own industrial fabric and protect jobs after it took a similar move to balance its trade deficit with Turkey. Aujourd’hui le Maroc reported that Morocco plans to renegotiate the tax imposed on a list of goods including textile, […]
Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the tourism sector, minister delegate in charge of investments said. Remittances have contributed to the consolidation of Morocco’s international reserves which rose to 330.4 billion dirhams ($35.7 bln), enough to cover […]
Morocco on Monday called for a new win-win partnership between the European Union (EU) and the African continent, as France holds the rotating presidency of the Council of the EU. “It is necessary to define together a common commercial and industrial pact, based on the strengths of Europe as a renewed and innovative industrial power […]
Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]
Chariot energy company announced this Monday a major gas discovery offshore northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the Anchois-2 well within the Lixus licence. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a […]
Morocco’s exports to Brazil have reached a record level estimated at about $2 billion in 2021, according to data of the Brazilian Ministry of Economy. The data suggest that Morocco has exported products worth more than $1.9 billion to the Latin American country, which represents a record level never reached before since 1997 when Moroccan […]
Morocco has authorized the emergency use of Molnupiravir, becoming one of the first countries in the world to approve this antiviral drug developed by the US pharmaceutical company Merck. The announcement was made by Director of Medicines and Pharmacy at the Ministry of Health and Social Protection, Ms. Bouchra Meddah. The protocol for the treatment […]
Within a few days after Morocco reported the first Omicron case, the new variant now represents over 70% of new cases in the country with the peak of the new wave expected to be reached within two weeks, according to health ministry officials. Morocco is now recording some 6000 cases daily compared with some 100 […]