First Independent Mena Newspaper
Wana company, which holds Inwi, said it withdrew a lawsuit it had brought in 2018 against Maroc Telecom after the latter was fined by the telecoms regulator. Al Mada holding, which owns most stakes in Wana company, urged the board of directors to abandon the case, Wana said in a statement. Wana dropped the case […]
The International Monetary Fund (IMF) is “impressed” by Morocco’s determination to pursue its structural reforms and endeavors to make its economy more inclusive, said Wednesday in Rabat IMF Managing Director, Kristalina Georgieva. She cited as an instance the new development model being elaborated by a special committee and the Integrated Program for Enterprise Support and […]
The Swiss-based technology company TE Connectivity, which designs and manufactures automotive sensors, is expanding its activities in Morocco wherein the car industry is booming. TE will build a new plant in the Tangier automotive city. The factory, to cost over 15 million US dollars, is the fourth of its kind in the North African Kingdom. […]
Morocco emerged in 2019 as the leading African tourism destination for foreign holiday makers, according to the World Tourism Organization (UNWTO) whose provisional figures credit the kingdom with 13 million visitor and a gain estimated at $7.7 billion. The North African country, according to the UNWTO data revealed earlier this month, beats respectively Egypt, Tunisia […]
Morocco and Mauritania are eager to re-activate the spirit of the agreement of fraternity and neighborliness they signed in 1970. This eagerness was stressed at the talks Moroccan Foreign Minister held Wednesday in Nouakchott with the Mauritanian President, Mohamed Ould Cheikh El Ghazouani, as well as with the Prime Minister Ismail Bedde Cheikh Sidiya, and […]
Spanish football club, Valencia FC, has opened an academy in the Moroccan city of Marrakesh to train young players, local coaches and share its professional soccer experience. This new project will feature different programs for young players and will be based in different cities in the African country, beginning with the first location in the […]
Palestinian Foreign minister Riyad al-Maliki commended, on Wednesday in Brussels, the pivotal role played by King Mohammed VI, in his capacity as Chairman of the Al-Quds Committee, in protecting the holy city and supporting the resistance of its inhabitants. Maliki made the remarks in a statement to MAP on the sidelines of his participation […]
Moroccan police of the city of Fez intercepted on Wednesday 2.6 tons of cannabis packed aboard a Morocco-registered truck. The 35-year old driver was arrested with the illicit cargo at a local gas station. A probe is underway to determine the possible links between this smuggling operation and international drug-trafficking networks. This drug-busting […]
The means to foster ties between Morocco and Mauritania in a region beset by instability is at the heart of a visit by Morocco’s Foreign Minister to Nouakchott. Foreign minister Nasser Bourita’s visit also comes after a series of meetings between the two countries’ officials focusing on a set of issues including security cooperation. Morocco […]
Morocco was maintained in the EU’s tax haven grey list but could soon leave it this year as it implements reforms to conform to EU standards. The grey list includes countries which are given time to reform their tax regimes and improve fiscal transparency. Morocco could leave that list pending on the results of an […]