First Independent Mena Newspaper
The Moroccan government announced, on Monday, a ban on New Year’s Eve celebrations, as part of a set of measures to curb the spread of the COVID-19. Besides banning all New Year’s Eve celebrations, the measures also include banning the organization of parties and special events in hotels, restaurants, and tourist establishments. Restaurants and cafes […]
Algeria has reported a surplus of $1 billion by November and sees the figure increasing to $2.3 billion by year’s end in what could be commended in a normally functioning economy. But in Algeria’s case, this surplus was achieved after depriving citizens of key goods, leading to high inflation and shortages. The figure is also […]
FIFA chief Gianni Infantino said Morocco, together with Saudi Arabia and Egypt, were the only best-placed Arab nations to host the World Cup. “The three countries have excellent infrastructure. The Arab World deserves to host such a football tournament,” said Infantino in an interview with MBC TV channel. Morocco has made five bids to host […]
Fitch Ratings has assigned Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) ‘BB+’ rating with a stable outlook due to the country’s macroeconomic stability, low inflation, a moderate share of foreign-currency debt in total general government debt and comfortable external liquidity buffers. Morocco’s fiscal deficit is expected to narrow to 6.3% of GDP in 2021 from […]
Moroccan police intercepted over the weekend near the region of Taroudant a utility vehicle carrying 90 bundles of cannabis weighing in total 3 tons. The driver, aged 37, was arrested. He has criminal records and was on police drug watch-list for his ties with international drug trafficking networks. Investigation led to the seizure of a […]
Egypt is in contact with Chinese companies with three potential companies for the production of electric cars in 2023 for an investment of $127 million, Bloomberg reported. The companies, no identified, will collaborate with state-run El Nasr Automotive Manufacturing Co., Public Enterprise Minister Hisham Tawfik told Bloomberg in an interview. Tawfik also the media production […]
The United States supports the efforts of the new personal envoy of the UN Secretary General for the Sahara Staffan de Mistura, that it described as “one of the most experienced diplomats in the world”, to find a political solution to the dispute over the Sahara. The statement was made by a senior official in […]
Countries of the Gulf Cooperation Council have sent a strong blow to Algeria’s attempt to make of the next Arab Summit it plans to host an anti-Moroccan event. In unequivocal terms, the GCC reiterated support to Morocco’s sovereignty over the Sahara, to the latest UN Security Council resolution which calls for a mutually acceptable solution […]
Morocco’s crackdown on all sorts of smuggling and contraband originating from the enclaves of Ceuta and Melilla under Spanish occupation has helped the country gain an additional 4 billion dirhams in customs revenue. Since the outbreak of the coronavirus, Morocco has maintained its borders closed with the two cities to fight the virus but the […]
King Mohammed VI has sent messages of thanks and gratitude to the heads of state of the Gulf Cooperation Council (GCC) for their clear support for the Moroccan identity of the Sahara. This came in separate messages to King Salman Ibn Abdulaziz Al-Saud of Saudi Arabia; the King of Bahrain Hamad Ben Issa Al Khalifa; […]