First Independent Mena Newspaper
Morocco will launch next year Islamic Insurance (Takaful) after introducing in 2017 Islamic banking services, which are thriving in the Middle-East, Africa, Asia and some western countries, say local insurance experts. In July 2017, the Moroccan Government Council adopted a draft decree paving the way for implementation of the Takaful Law. Unlike the banking sector, […]
The European Bank for Reconstruction and Development (EBRD) announced Friday a €16 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The loan will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant in Kenitra, as well […]
The UN Special Representative for Libya Ghassan Salamé pointed to the violence in the capital, Tripoli, that began on August 26 as shattering “the façade of calm that had prevailed since May 2017,” relaying that tanks and heavy artillery were deployed into residential neighborhoods, leaving 61 Libyans dead and injuring nearly 160. “Many of those […]
Moroccan security services announced on Thursday the arrest of three ISIS members who were operating in the cities of Tetouan (North) and Agadir (South). The arrest of the three individuals, aged between 25 and 26, was made by the special units of the central bureau of judicial investigation (BCIJ), dubbed Morocco’s FBI, said the Moroccan […]
A new Moroccan privacy rule will be enforced starting Sept.13 to protect personal data from online abusers and blackmailers, according to local press reports. Under the new regulation, anybody who ventures to publish photos and videos of people without their consent risk prison terms from six months to three years and fines going up to […]
Morocco plays “a leading role” in ensuring the stability, unity and development of the Arab world, said Wednesday the former Lebanese President, Amine Gemayel. Morocco has always worked for the development and unity of the Arab world and pleaded for its just causes before major international bodies, former Lebanese President Amine Gemayel said. The former […]
Chinese Car maker SAIC will turn Tunisia into one of its regional hubs outside China, under an agreement between the Chinese firm and Tunisia’s Meninx Holding. The signing of the agreement between the two firms took place on the sidelines of 3rd China-Africa Cooperation Forum, which was held September 3-4 in the Chinese capital, Beijing. […]
Madrid has cancelled the sale of 400 laser-guided bombs to Saudi Arabia for fear that the arsenal could be used in the ongoing conflict in Yemen. The announcement was made Tuesday by the Spanish Ministry of Defense, which said that the government decided to halt a military deal under which Spain was to supply 400 […]
After launching its first reconnaissance satellite on November 8th 2017, Morocco is preparing to launch its second one by the end of the year, according to local press reports. The 2nd satellite, like the first, is built by Airbus defense & Space Company. It will be launched next November from the European space port of […]
Factions fighting for the control of the Libyan capital have reached a ceasefire following over a week-long armed struggle that have killed dozens of people and displaced hundreds, the UN Special mission in the North African country said on Tuesday. “A ceasefire agreement was reached + signed today to end all hostilities,” the U.N. mission […]