First Independent Mena Newspaper
Morocco’s leading banking group, Attijariwafa bank, has submitted a bid to take over British Barclay’s Egypt branch, a source close to the Moroccan institution told Reuters. The transaction has been estimated at $400 million. Barclay has decided to get rid of its Egypt’s branch as part of structural adjustment policy in a move to generate […]
Morocco and Sweden are mending their strained relations after a row over a failed attempt last year in Stockholm to recognize the Algerian-based auto-proclaimed SADR republic. In a sign of easing tensions between the two countries, Swedish Foreign Minister, Margot Wallström, who is visiting Morocco, met on Wednesday her Moroccan counterpart Salaheddine Mezouar to discuss […]
US Defense Secretary Ash Carter predicted Wednesday that the Islamic State group would be defeated very soon as Libyan forces, aided by US airpower, take on the terrorist group in its last position in the city of Sirte. “I expect that they’ll eliminate …. remaining opposition shortly,” Ash Carter told a news conference in London. […]
The Tunisian government has called on the military court to suspend the Islamist Hizb ut-Tahrir party, deemed radical and a threat to security in the North African country, an official told media on Wednesday. President Caid Essebsi last week went public and asked for banning the party after it threatened “to cut heads and hands […]
Moroccan authorities have announced this Wednesday the arrest of another terrorist cell composed of three members who were planning to carry out attacks in several cities in the North African kingdom. The terrorists were nabbed in the cities of Oujda, Casablanca and Fez by the special units of Morocco’s Bureau of Central Judicial Investigations (equivalent […]
Morocco is set to diversify its global partners with the recent joining of the Treaty of Amity and Cooperation (TAC) of the Association of Southeast Asian Nations (ASEAN.) The Moroccan Minister Delegate to the Minister of Foreign Affairs and Cooperation, Nasser Bourita, signed the ASEAN accession document on the side-lines of the 28th and 29th […]
Climate change is expected to severely impact the MENA region and tackling climate change is therefore a key priority both for the Mediterranean countries’ governments and for their international partners. After the historic agreement reached in Paris last November and in the run-up to the COP 22 in Marrakech, the European investment bank organizes sept.8th […]
The regions of Casablanca-Settat and Rabat-Salé-Kénitra continue to drive the Moroccan economy making up 48.3% of Morocco’s GDP in 2014, the Higher Planning Commission (HCP) said. The region of Casablanca-Settat accounted for 32% of Morocco’s GDP followed by Rabat-Salé-Kénitra by 16.3%. Five other regions produced 40.3% of Morocco’s GDP. These regions are Tangier-Tétouan-Al Hoceima (9.4%), […]
Tunisia’s defense minister Tuesday in Paris warned his country may be retreat terrain for the Islamic State group militants fleeing the Libyan coastal city of Sirte as militiamen aligned with Libya’s Government of National Accord (GNA) tighten their grip around the terrorist group. “The danger is real. Those who leave Sirte are heading south to […]
Head of the Libyan National Army backed by the east-based government opposed to the UN-sponsored Libyan unity government has scorned US decisive aerial intervention in the ongoing counter-terrorism campaign in Sirte and said that the intervention is illegal, reports say. Speaking in an interview to Russian Sputnik early this week, General Khalifa Hafter indicated that […]