First Independent Mena Newspaper
Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]
A Tunisian man has been handed one month-in-jail sentence Monday for smoking, during the holy month of Ramadan. The man was seen smoking outside a courthouse in Bizerte by a court official who informed the police, a prosecution official told news agency AFP. The court gave the man 10 days to appeal otherwise the ruling […]
A ministerial delegation has arrived in Al Hoceima Monday to inspect the progress made in social and economic projects that were launched in the region in a bid to defuse tension and speed up the pace of the projects completion, le360 news website reported. The delegation landed in AL Hoceima in the wake of a […]
Saif Al-Islam, the son of former Libyan dictator Moamar Gadhafi, has been reportedly released by a Libyan militia after more than five years in captivity. According to Abu Bakr al-Sadiq Brigade, a militia that controls the town of Zintan in western Libya, Seif Al-Islam was freed Friday, under an amnesty law promulgated during the Muslim […]
The Egyptian parliament Sunday convened for a two-day session to review the controversial 2016 agreement regarding the handing over of the islands of Tiran and Sanafir to Saudi Arabia, despite a ruling in January by the High Administrative Court that said the agreement is unconstitutional and void. The ruling upheld the verdict of a lower […]
Morocco’s foreign ministry issued a statement expressing the Kingdom’s willingness to mediate in the crisis that has shaken the Gulf after Saudi Arabia and the UAE and their allies in the Arab World and beyond severed ties with Qatar, which they accuse of supporting terrorism and side-lining with Iran. “If the parties wish so, Morocco […]
Morocco has scored precious diplomatic points in the UN-led negotiations to settle the Sahara issue, thanks to the leadership of King Mohammed VI, said Spanish paper, La Provincia. The King’s policy regarding the Sahara has given Morocco an upper hand in the Sahara issue evidenced by the increasing withdrawals of recognition of the Algerian-based SADR […]
Thousands of Moroccans staged Sunday a peaceful demonstration in downtown Rabat to express solidarity with Al Hoceima inhabitants’ social claims. The protesters, between 15,000 (according to official numbers) and over 30,000 (according to the organizers), marched through the avenues of downtown Rabat, chanting slogans calling for meeting the social and economic demands of Al Hoceima’s […]
The Brazilian Congress approved a motion calling on their government to support the efforts undertaken by Morocco to find a political and mutually acceptable solution to the artificial dispute over the Sahara. The motion, sent to Brazil’s foreign minister Aloysio Nunes, also commends the autonomy initiative which was submitted by Morocco in April 2007 and […]
The US has expressed reservations over the French move to garner support at the UN Security council for the adoption of a resolution mandating a force by West African states to combat terrorism and trafficking in the Sahel. The US voiced its concerns regarding the UN financial backing for the Sahel force after France has […]