First Independent Mena Newspaper
Morocco suspended all flights to and from Italy, which went under lockdown to stop the outbreak of the Coronavirus. Morocco’s flag carrier RAM offered flight reschedule to its clients as it continues to maintain suspended a direct link to Beijing due to the virus outbreak. More than 9,170 people in Italy have been […]
The main index at Casablanca’s stock exchange suffered on February 9 the steepest single-day plunge in its history amid a similar trend in international bourses due to Coronavirus fears. Investors rushed to sell shares causing a 5.82% drop in Masi, Casablanca’s main index, which lost 11.2% of its value since the beginning of 2020. The […]
A third coronavirus case was confirmed this Tuesday in Morocco by the health ministry. After suffering respiratory difficulties, a French tourist, who arrived in Marrakech on March 7, went the following day to a local hospital for medical care and tested positive for COVID-19. The patient is now in a stable condition, say the Moroccan […]
Two separate drug-busting operations in Morocco enabled to seize 1,150 kg of chira in Tangier on Monday and 374 kg of cannabis near the southern city of Goulmima on Sunday. The banned substance seized in Tangier was hidden in a fishing boat at the port of the same city. The operation follows the preliminary […]
British company SDX Energy announced commercial gas findings during a recent drilling operation in northern Morocco, describing the discovery as excellent news. In a press release, the company announced that it drilled the BMK-1 well to a measured depth of 1,551 meters and encountered commercial quantities of gas. “The Upper Guebbas was encountered […]
Several ministerial departments have signed Sunday a document whereby they commit to the 2020 Marrakech Declaration on Women’s Rights presented by L’Union Nationale des Femmes du Maroc (UNFM), chaired by Princess Lalla Meryem. The document was signed during a ceremony celebrating International Women’s Day held in Marrakech under the chairmanship of Princess Lalla Meryem, […]
Intracom Telecom, a global telecommunication systems and solutions vendor, announced the supply of its market-leading Point-to-Point microwave (PtP MW) radio, OmniBAS™, to Morocco in the frame of the Border Management Program for the Maghreb. The EU-financed Border Management Program for the Maghreb region is designed to help Maghreb countries curb […]
Morocco moves on Monday March 9 to the next step in its currency reform broadening the fluctuation band for the dirham to 5% from 2.5% amid positive macro-economic conditions and enough international reserves, the finance ministry said. The North African country launched a gradual floating of its currency in January 2018, raising the official band […]
Tunisia’s cheese maker, Land’Or, announced that it will set up a production plant in Morocco’s Kenitra for a total cost of 10.7 million dollars. An investment agreement was signed in this regards between Land’Or chairman Hatem Denguizli and Moroccan industry minister Hafid Elalamy. The plant will directly employ 102 people and help Land’Or commercialize production […]
Two Moroccans, Leila Benjelloun and Noureddine Bensouda, were bestowed the Legion of Honor, France’s highest order of merit. They were presented the distinction by French Ambassador to Morocco, Helene Le Gal, during a ceremony in Rabat this week. The French Ambassador hailed during the ceremony Leila Benjelloun, president of the BMCE Bank Foundation, for […]