First Independent Mena Newspaper
The EU will redirect €450 million promised to Morocco this year to help the country better respond to the coronavirus outbreak. The amount includes €150 million that will be injected directly in the special fund created by Morocco to fund health system acquisitions and offset the social and economic repercussion of the pandemic, according […]
The Moroccan Organization for Human Rights (OMDH) has called on the UN Secretary General and the UN High Commissioner for Refugees “to urgently intervene” to protect the Sahrawis sequestered in the polisario- controlled Tindouf camps against the coronavirus pandemic. In a letter sent lately to the UN Chief and UNHCR, the Moroccan Human rights watchdog […]
Ethiopia has appointed head of the Commercial Bank of Ethiopia (CBE) as its new ambassador to Morocco. President Sahle-Work Zewde appointed Bacha Gina, CEO and President of the CBE, for the job earlier this month. Gina, led the CBE for 20 months and earned the financial institution the award of The Best Commercial Bank for […]
A new Morocco-France maritime connection dedicated to refrigerated containers entered into service on March 21, announced the National Ports Agency (ANP). The new line connects the Moroccan southern city of Agadir and Port-Vendres (France) once a week. This new shipping line seeks to replace TIR traffic using the Tangier MED port platform with […]
The United States government has granted Morocco $670,000 (6.6 millionDH) to respond to the outbreak of the novel coronavirus (COVID-19), announced the US embassy in Rabat. The funds are provided by the Emergency Reserve Fund for Contagious Infections Diseases at the US Agency for International Development (USAID), said the embassy in a statement. […]
The import and export activities in Tanger-Med port continue as usual, but in view of the outbreak of the coronavirus pandemic, it has been proceeded to the tightening of health and sanitary control of professional drivers of international road transport, in accordance with the health emergency decreed in Morocco. All the services of the […]
Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]
Moroccan pension fund CNSS will start distributing a monthly compensation to the people who lost their jobs due to the consequences of coronavirus. Since Morocco imposed a quarantine and banned all travel, many employees of the tourism sector, services and non-essential sectors lost their jobs or were unpaid. The economic monitoring committee said the people […]
The Ministry of Health Wednesday announced 55 new COVID-19 cases in Morocco. The total number of people infected in the North African country increases to 225 as of Wednesday 6 p.m. with around 14 patients being in critical condition. The ministry also announced the recovery of a 69-year-old patient from Casablanca, bringing the number of […]
Head of the Moroccan government Saad Eddine El Otmani asked all public sector administrations to put off hiring new employees until the end of the coronavirus crisis. In a sign of austerity measures, El Otmani also ordered in a letter delaying all promotions planned in the current budget. The Prime minister said that the job […]