First Independent Mena Newspaper
The Finance and Economy Ministers, as well as Governors of central banks of English-speaking West African countries on Thursday criticized a move to rename the CFA franc used by former French colonies, saying the move jarred with plans to introduce a region-wide currency of the same name. In December, The Ivorian President Alassane Ouattara announced […]
Greece has said it will block any peace deal on Libya proposed by the European Union (UE) as it complained about her exclusion from Berlin conference planned for coming Sunday. Prime Minister Kyriakos Mitsotakis said that his government will stand in the way of the deal unless it scraps a maritime deal between Turkey and […]
Few days after announcing a €10.8 billion (115.4 billion MAD) national plan to meet Morocco’s increasing water needs over the next seven year, King Mohammed VI inaugurated a dam near Essaouira worth about €87 million (920 million dirhams). Built on Oued Ksoub, Moulay Abderrahmane dam, with a 65 million m3 capacity, will secure drinking water […]
King Mohammed VI had Thursday a phone conversation with the newly elected President of Tunisia Kaïs Saïed during which they agreed to exchange visits, says the Royal Office in a communiqué. The phone call, at the initiative of the Moroccan Monarch, provided an opportunity “to underline the strong historical relations binding the two brotherly […]
New concrete steps were made this Thursday to materialize the royal vision of a sustainable and integrated development of the rural world, through the launch of hydraulic, hydro-agricultural and drinking water projects in the province of Essaouira. King Mohammed VI, who started Wednesday a visit to Essaouira, has thus chaired the inauguration of the […]
The Atlantic city of Essaouira is a standing symbol of Morocco’s diversity and of the plurality of its cultures that make up its richness, said Director General of UNESCO, Audrey Azoulay, who was present during the visit King Mohammed VI, Commander of the Faithful, paid Wednesday to “Bayt Dakira”, in the city’s medina. The Sovereign’s […]
France’s Armed Forces Minister is traveling to Washington in the coming days to discuss US military support to French forces in the Sahel region, the ministry said in a statement. The announcement comes a month after a report in the New York Times claimed the Pentagon was planning to reduce its military activities in West […]
President Fattah al-Sisi inaugurated Wednesday Bernice military base, the largest in the country and the Middle East, set to emphasize Egypt’s influence in the Red Sea. Located on the Red Sea coast along Egypt’s southern borders, the Bernice base covers 150,000-acre and is house to a naval base, an airbase, an army hospital, some combat […]
Bank Al-Maghrib, Morocco’s central bank, has become member of the Bank for International Settlements (BIS), the oldest international financial institution, which helps central banks in their pursuit of monetary and financial stability through international cooperation. The decision was made lately by the BIS Board of Directors, which agreed to expand its membership by including the […]
The consortium led by Moroccan energy company NAREVA and French ENGIE group won an international bid for the construction of 120 MWp solar power plant in Gafsa, Tunisia. The consortium will be responsible for developing, designing, financing, building, operating and maintaining the photovoltaic power plant over a period of 20 years from commissioning. The Gafsa […]