First Independent Mena Newspaper
The restrictive measures to contain the Covid-19 pandemic have dealt a blow to the inflow of hard currency from the tourism business in Morocco that has been offset so far by a surge in remittances from Moroccans abroad. In the first ten months this year Morocco’s foreign exchange regulator has reported a record 80 billion […]
The UN World Tourism Organization picked Marrakech as a home to its regional Africa office, Moroccan media reported citing official sources. The decision was taken during the 24th session of the UNWTO General Assembly amid fierce competition from other African cities. During the 24th UNWTO General Assembly, Morocco has also been elected a member of […]
Morocco, in the person of Jamal Eddine El Aloua, was elected Chairman of the Executive Council of the Rabat-based Islamic World Educational, Scientific and Cultural Organization (ICESCO) during the 42nd session of the Council of this organization which opened works Monday in Egypt. Speaking on this occasion, Moroccan Ambassador to Egypt Ahmed Tazi, thanked all […]
Antifragility is a concept coined by Nicholas Taleb in his book, Antifragile, according to which stressful conditions, shocks, volatility, faults or attacks are all factors that may end up building up an antifragility system strengthening capabilities and preparedness as well as cutting dependence. The concept applies to greater extents to Morocco’s relations with Algeria which […]
The European Bank for Reconstruction (EBRD) has launched capital markets e-learning program to support the development of Morocco’s financial system. The program was launched in cooperation with Intuition, a digital financial learning provider, the Moroccan Ministry of Economy & Finance, the Moroccan Capital Market Authority (AMMC) and the Casablanca Stock Exchange (CSE). Morocco already has […]
Moroccan authorities decided on Friday to cancel all cultural and artistic events as the new coronavirus variant Omicron continues to spread around the world. The new measure comes after they have suspended all incoming passengers’ flights and ferries for two weeks, while the number of attendees at funerals has been reduced to maximum ten people […]
Spanish media is ranting at the government after a drop in the gas flow leaving households facing a wave of freezing cold without a proper heating system and casting doubt on Algeria’s promises. Spanish paper Okdiario reported that the guarantees of the Spanish Prime Minister regarding the steady flow of gas were too political and […]
Morocco has been chosen to co-chair Africa Focus Group, set up by the Global Coalition to defeat ISIS, in recognition for the key role played by the Kingdom in the fight against terrorism. Morocco will chair the Group along with the United States, Italy and Niger. The newly set up group is tasked with enhancing […]
Morocco’s National Office of Electricity and Drinking Water (ONEE) has teamed up with Atos and Siemens on smart management of power grid (smart grid), which uses IT to monitor power generation and demand in near real-time, providing more reliable and cost-effective system. This project is part of the country’s digital transformation agenda. It will enable […]
Morocco’s state-owned power Company ONEE (Office National de l’Electricite et de l’Eau potable) has signed a ten-year gas supply agreement with UK-based Sound Energy Company, ensuring continuous supply for two of its power stations in the Northern region. The deal enables the North African Kingdom to secure its energy sovereignty and security, while countering the […]