First Independent Mena Newspaper
Morocco’s state-owned phosphates company (OCP) has joined the World Business Council for Sustainable Development (WBCSD), an international organization of over 200 forward-thinking companies committed to sustainable development. Joining WBCSD’s network will enable OCP Group to continue to enhance and implement its sustainability ambitions in collaboration with such partners, sharing the same goals and values. Mostafa […]
US Secretary of State Michael R. Pompeo highlighted King Mohammed VI’s leadership in advancing a bold and far-reaching reform agenda over the two past decades. Pompeo made the statement in a joint release following the 4th session of the US-Morocco strategic dialogue which he chaired in Washington together with Foreign Minister Nasser Bourita. The US […]
Morocco offers a platform for companies that want to export as it is one of two only countries with an S&P investment grade, Finance Minister Mohamed Benchaaboun said. He recalled that the same credit rating agency has upgraded Morocco’s outlook to stable further boosting its position in international sovereign debt market. The minister told reporters […]
The city of Laayoune hosted last week the first International Urban Forum on the “City of Challenges” under the theme of Eco-Technological Innovation, that ended with laying the foundations of an eco-technological city charter. The forum, organized by the Phosboucraa Foundation, discussed the rapid transformation of cities and the resulting challenges which require the attention […]
Morocco plans to create 150,000 jobs in the next decade out of energy efficiency projects, the finance ministry said in an official document. The strategy provides for including energy efficiency measures in construction, industry, transport, public lighting, agriculture and fisheries, the document showed. It also aims at reducing the energy cost by 250 billion dirhams […]
The Moroccan embassy said it closed its office in Beirut on the backdrop of continuing mass protests over economic and political problems in Lebanon. The embassy announced its closure on social media after setting up a crisis cell to help Moroccan nationals in Lebanon. Anger at political elites has engulfed Lebanon as hundreds of thousands […]
King Mohammed VI has underlined the crucial role justice plays in improving the investment environment, promoting free enterprise and protecting entrepreneurship, insisting that creating the right conditions for investment requires legal and economic guarantees that ensure confidence in the judicial system and provide full security for investors. This came in a message that King Mohammed […]
Governor of Bank Al-Maghrib Abdellatif Jouahri was named among the top ten central bank governors in the world in 2019 for the third year in a row. Jouahri got an “A”, the maximum grade awarded by New York magazine Global Finance in its ranking “Central Banker Report Cards 2019”, bringing together 94 governors of central […]
The World Economic Forum has recently published the 2019 edition of the Travel & Tourism Competitiveness Report. Out of 140 countries, 37 African countries were featured in the report on the basis of 14 indicators divided into 4 categories. While Mauritius tops the ranking at the African level, (52nd globally), recording good performance in terms […]
In a bid to scale up investment efforts to reach sustainable development targets, the UN Secretary General last week launched a UN-supported coalition of 30 world business leaders, including Moroccan businesswoman Miriem Bensalah-Chaqroun. The Global Investors for Sustainable Development Alliance (GISD) is tasked with providing decisive leadership in mobilizing resources for sustainable development, with the […]