First Independent Mena Newspaper
Morocco’s economic capital will host Africa Renewable Energy Forum (ARF), November 30-December 1, that will discuss cooperation between public and private sector to drive forward the development of renewable energy projects across the continent. The event will bring together African Energy Ministers and government representatives, heads of utilities, regulators and national agencies, leading investors, power […]
Algeria’s state-run energy producer, Sonatrach, will inject about $2 billion to maintain production on the country’s largest gas field, local media reported. This field produces between 190 and 210 million cubic meters of natural gas per day, about 60% of the North African nation’s total gas production. Sonatrach’s CEO, Abdelmoumen Ould Kaddour, said the goal […]
The cost of US wars in the Middle East and Asia was estimated at $5.6 trillion said The Watson Institute of International and Public Affairs at Brown University in a newly released study. The cost covers the US wars since 2001 in Afghanistan, Iraq, Syria, and Pakistan. According to the Wall Street Journal, that cost […]
The giant mosque that is being built to stand as a hallmark of President Bouteflika’s legacy has come to represent all that is wrong with financial governance in Algeria. The mega project, initially launched with a price tag of $1 billion, has drawn funds exceeding $2 billion so far. The monument is becoming a black […]
King Mohammed VI was among the heads of state attending the opening of the 1 billion dollar Louvre museum in Abu Dhabi. Morocco’s King who is on a visit to Abu Dhabi took part in unveiling the Louvre Museum alongside French President Emmanuel Macron, who was accompanied by his spouse Brigitte macron, the King of […]
Morocco’s economic growth has picked up in 2017 and is expected to reach 4.4 percent mostly driven by a significant rebound in agricultural activity, said the International Monetary Fund (IMF). “Inflation has declined further and credit growth is recovering”, while the current account deficit is projected to improve in 2017 to 3.9 percent of GDP, […]
Morocco’s first earth observation satellite, the Mohammed VI-A Satellite, was successfully launched into orbit at the early hours of this Wednesday from the European space port of Kourou in French Guiana using an Italian Vega rocket. Thousands of Moroccans remained stuck before their computers or cellphones to follow on arianespace website this landmark event and […]
The development model adopted by Morocco in the southern provinces attaches utmost importance to safeguarding the cultural and civilizational aspects of the Sahara as part of a national undertaking aiming at preserving all the constituents of Moroccan identity, said King Mohammed VI in a speech to the nation marking the 42nd anniversary of the Green […]
The IMF expressed its support for the Moroccan authorities’ plan to gradually transition to a more flexible exchange rate regime, which should support the economy’s ability to absorb external shocks, and preserve competitiveness. The statement was made by Nicolas Blancher, head of the IMF consultation mission, in a press release that conveyed the preliminary findings […]
The speech delivered by King Mohammed VI Monday as Morocco was celebrating the 42nd anniversary of the Green march is a masterly history lesson addressed to Algeria and to all those who believe in Algeria’s whims and propaganda. King Mohammed VI did not create facts nor did he refer to legends. He mentioned established historical […]