First Independent Mena Newspaper
Chairwoman of the Mohammed VI Foundation for Environment Protection, Princess Lalla Hasna, presided over the celebration of the 12th Anniversary of the launch of Eco-Schools Program in Morocco. The Eco-Schools program is one of the Foundation’s flagships to make education for sustainable development an integral part of schools syllabi and pupils’ education. During the celebration […]
The Pearle of the Moroccan Sahara, Dakhla, is hosting for the fourth time the Crans Montana Forum which brings together African and world leaders to discuss means to promote south-south cooperation in the continent. Over 1,000 guests and senior officials representing more than 100 countries are partaking in the event to exchange ideas on sustainable […]
Morocco will earmark $15.8 billion on stadiums and infrastructure if it wins the bid to organize the 2026 World Cup, the bid committee said. Chairman of the committee Moulay Hafid Elalamy said at a conference that Morocco will renovate existing stadiums and use demountable stadiums to host the tournament. To fill in the gap in […]
Few weeks after the launch of the gradual Dirham float, The International Monetary Fund has advised Morocco to maintain the current reform pace with a view to strengthening the economy’s competitiveness. “Unlike other emerging economies, Morocco didn’t loosen currency restrictions under pressure, so authorities can take their time with future steps,” Nicolas Blancher, the IMF’s […]
King Mohammed VI has called on Africans, men and women, and especially young people, to rise to the challenges the African Continent is facing and to embrace the dynamic of shared growth. In a message addressed to participants in the Crans Montana Forum, which opened Friday in Dakhla under the theme “Africa and South-South cooperation”, […]
Edita Food Industries SAE (EFID) has announced plans to set up snack food factory in Morocco. Edita, which has teamed up with Dislog Group in Morocco, seeks to reinforce its expansion plans and strengthen its position in the snacks market. Last December, Edita’s chairman and CEO Hani Berzi said that commercial operations will begin in […]
Credit rating agency Moody’s downgraded Tunisia’s credit rating to B2 against the backdrop of deteriorating fiscal situation, complicating the government’s plans to borrow from international lenders. Moody’s cut Tunisia’s rating by one notch to B2– five levels below investment grade and on a par with Argentina, Nigeria, Cameroon and Kenya. Moody’s rating downgrade will complicate […]
The outlook for Morocco’s crop year in 2018 is positive thanks to abundant rainfall, the agriculture ministry said in a statement. Cumulative rainfall reached 281 mm this year boding well for the yield, the statement said, adding that overall dam filling rate hit 59%. Last year, Morocco produced 96 million quintals of cereals, including 49 […]
Algeria’s economic growth dropped to 2.2% in 2017, down from 3.3% in 2016, due to a decline in the performance of the energy sector, the central bank said. The same source noted that inflation dropped to 5.6% instead of 6.4 in 2016, while the balance of payment was reduced by $3 billion to stand at […]
Libya has issued 205 warrants for the arrest of Libyans and foreigners suspected of being involved in a smuggling networks sending illegal migrants to Europe. The wanted are also accused of human trafficking, torture, murder and rape. The Libyan attorney general’s office said the network included members of the security services, migrant detention camp leaders, […]