First Independent Mena Newspaper
The Algerian military junta is extremely concerned by the visit to be paid by Israeli defense minister Benny Gantz to Morocco following the normalization of relations between the two countries, which are looking forward to step up their military and economic cooperation. According to several press reports, during his trip, expected after the formation of […]
The kingdom of Morocco will strive to meet its energy needs if Algeria presses ahead to terminate at the end of this month the gas transit agreement for the Maghreb-Europe gas pipeline (GME), Financial Times notes. Algeria and Morocco have seen their ties go further sour in recent weeks with Algiers adopting a string […]
UN Secretary General Antonio Guterres reaffirmed in his report Algeria’s role in the Sahara conflict and reiterates call for a political, realistic, lasting and mutually acceptable solution to the regional dispute. The call de facto omits the referendum option by stressing the mutually acceptable requirement of the desired solution which the UN has called for […]
Casablanca Finance City (CFC) has retained its ranking as the first financial center on African continent on Global Financial Centers Index (GFCI). The latest GFCI report, the 30th edition, ranks CFC 53rd globally, 4th in the Middle East region and the first on the African continent. CFC dominates Cape Town (62nd), Johannesburg (64th), Mauritius (73rd) […]
Libyan Prime Minister Abdul Hamid Mohammed Dbeibah launched Sunday the construction of South Oil Refinery, a new plant at Sharara, the country’s largest oil field. Dbeibah signed two decrees at the headquarters of the National Oil Corporation (NOC) in capital Tripoli, giving the country’s oil giant right to contract directly and to finance the implementation […]
French President Emmanuel Macron maintained the statements that angered Algeria and said that he expects more tension with Algeria regarding memory. The French President had told students with a background linked to France’s colonial presence in Algeria that the North African country did not exist as a nation prior to its independence in 1962, he […]
Moroccan economy is expected to grow by 4.3% in the fourth quarter of 2021, instead of a 5.1% decline a year earlier, due to an increase of 18.5% of the agricultural value added and 2.5% of the non-agricultural value added, according to the planning agency, HCP. Crop production growth prospects are expected to remain favorable, […]
The International Monetary Fund (IMF) has painted a grim picture of the Algerian economy which has been weakened by the macroeconomic imbalances exacerbated by the Covid-19 pandemic and needs urgent structural reforms to maintain stability. “The coronavirus pandemic and concomitant decline in oil production and prices have seriously impacted the economy last year, leading to […]
US envoy to Libya Richard Norland thanked Morocco for facilitating talks between Libyans with a view to preparing for Dec. elections. Rabat hosted last week two-day talks between representatives of the House of Representatives and the High State Council with the participation of UNSMIL as a technical facilitator. “We thank Morocco for its willingness to […]
UN Secretary General Antonio Gueterres mentioned in a recent report that Polisario militiamen used civilians as a human shield during a three-week blockade of a vital road for West African traffic with Morocco. In a report to the UN Security Council on the situation in the Sahara region, Guterres acknowledged that Polisario armed men have […]