First Independent Mena Newspaper
Morocco unveiled a new government few days ago cutting government jobs from 39 to 23 with the aim to ensure coherence and better efficiency after a call by King Mohammed VI in that regards. The King has on multiple speeches urged political parties to renew their elites and open up to the youth and called […]
Morocco’s BCP bank said on Friday it completed the acquisition of BCI bank in Congo Republic from France’s BPCE after having met all regulatory requirements. Speaking on the sidelines of a ceremony to seal the agreement, BCP CEO Kamal Mokdad said “the acquisition of BCI will help BCP group strengthen its presence in the Economic […]
Morocco’s economic growth is expected to pick up gradually and average 3.3 over 2020–2021, mainly driven by more dynamic secondary and tertiary activities, bolstered by high foreign investments, according to the World Bank forecast. Significant FDIs continue to flow into Moroccan automotive industries, especially in the new Peugeot plant – that will eventually double the […]
King Mohammed VI stressed the role of the parliament in ensuring the successful implementation of policies in light of the challenges facing Morocco. “This parliamentary year should be placed under the motto of responsibility and hard work, since we are halfway through the current parliamentary term,” said the King at the opening of the fall […]
King Mohammed VI on Friday urged the Moroccan banking and financial sector to be more involved in the country’s development process, mainly through simplifying and facilitating access to loans, being more open to self-employment projects and financing the creation of small and medium sized enterprises. “Implementing projects and decisions, and ensuring follow-up to them, involves […]
The United Nations Secretary General said he remains confident that a political solution to the Sahara dispute is possible. “I remain convinced that a solution to the Western Sahara issue is possible,” Antonio Guterres said in his draft report on the Sahara to be debated by the UN Security Council members, who are expected to […]
Morocco said its economy will grow by 2.9% in 2019 after 3% in 2018 as the economy continues to be affected by agricultural output, according to finance minister Mohamed Benchaaboun. Rainfall was about 23% less this year compared with 2018, so cereals yield was down 50% compared to a year earlier further deepening the trade […]
UN Secretary General Antonio Guterres said in an annual report on Sahara that Morocco stood out by its excellent cooperation with the UN mission in the Sahara, MINURSO, at all levels. The Royal Armed Forces have helped the MINURSO accomplish its ceasefire monitoring mission, said Guterres in his report. Guterres noted that the MINURSO had […]
UN Secretary General Antonio Guterres presented a new report on the Sahara in which he didn’t shy away from pinning responsibility on the polisario for hindering the peace process through its obstructing the mission of the UN mission in the region, the MINURSO. The UN chief called on the Polisario to comply with its commitments […]
South African racing driver Giniel de Villiers won Wednesday a new victory at Rallye du Maroc, his fourth in the competition. The Toyota Gazoo Racing Hiluxes driver also won Ifrane round of the competition which also came to an end on Wednesday. Giniel de Villiers snatched the victory after Qatari driver Nasser Al Attiyah missed […]