First Independent Mena Newspaper
Indonesia and Morocco agreed to start negotiating a preferential trade agreement (PTA) in November to increase trade volume, the Jakarta Post reported. The agreement was reached at the second Indonesia-Morocco Joint Commission Session in Jakarta last Friday. The two countries’ delegations were led by Indonesian Deputy Foreign Minister AM Fachir and Mounia Boucetta, the secretary […]
Listening to the voice of youth and addressing their challenges have topped the concerns of the Moroccan Monarch whose tours in the country and the continent have always attached paramount importance to youth wellbeing and future. To mention but a few initiatives led by King Mohammed VI, on Thursday, he inaugurated in Marrakech two sports […]
Morocco’s Royal Navy is boosting its fleet with the aquisition of an oceanographic research and hydrographic survey vessel made in France. Baptized “Dar El Beida,” the new vessel is meant to help Morocco protect its sovereignty and promote scientific autonomy in a research field that is gaining ground at the international level, le360.ma said. The […]
Morocco and the European Union commended on Thursday in Brussels the signing of the amendment of the protocols of their Association Agreement, saying the move aims at strengthening the agricultural partnership between the two parties. The two sides said the new farm deal reinforces the multidimensional partnership between Rabat and Brussels. The EU has extensive […]
The International Finance Corporation (IFC) has sealed an agreement with Atlantic Microfinance for Africa (AMIFA), a subsidiary of the Moroccan Banque Centrale Populaire (BCP) Group, for developing new products and services to boost financial inclusion in Sub-Saharan Africa. The agreement will enable AMIFA to strengthen the development capacity of its microfinance program in Sub-Saharan Africa […]
King Mohammed VI inaugurated, on Thursday in Marrakech, an indoor Semi-Olympic swimming pool and sports fields, whose construction cost amounted to around 31 million dirham. The two community-based sports projects, underpinned by a strong social value added, are a new example of the Sovereign’s solicitude for sport and youth. The young people of the districts […]
King Mohammed VI who is following up with keen interest the evolution of the booming automotive industry in Morocco was briefed Thursday on the extension project of the Moroccan Society of Automotive Construction (SOMACA), which is planning to double its production capacity by 2022. The plan was unveiled by Minister of Industry, Investment, Trade and […]
The region of Laayoune-Sakia El Hamra in Morocco’s Sahara will receive 17.8 billion dirhams in public investments in 2018, out of a total 57.65 billion dirhams allocated at the national level. The Sahara region ranks first among the other 11 Moroccan regions with 30% of overall investment budget in 2018. After Laayoune, comes the […]
German Group thyssenkrupp Aerospace will open a processing and logistics center in Casablanca before the end of the year, confirming the momentum of Morocco’s aerospace industry which continues to attract foreign investors. Mr. Patrick Marous, CEO thyssenkrupp Aerospace, said the Casablanca site will enable thyssenkrupp to supply its local customers with the required materials and […]
Morocco’s exports to Spain increased by 6.7% in the first seven months of 2018 compared with the same period last year, the EU statistics office said. Morocco’s imports from Spain grew by 7.8% while its imports from the EU followed a similar rising trend at 7.1 percent, the source said. Morocco’s exports to Spain consisted […]