First Independent Mena Newspaper
Acwa Power Khalladi has completed final orders to suppliers and contractors, confirming that all financial conditions are met for the construction of a 1.2 MW wind power farm for a total cost of 1.7 billion dirhams ($173 million.) With this project, Acwa Power Khalladi, which is 75% owned by Saudi Arabia’s ACWA Power and 25% […]
Two Egyptian police officers travelling in a patrol Monday lost their lives as a roadside bomb went off in Arish city, capital of the North Sinai province. A statement by interior ministry said three other security forces were wounded in the blast. The officers’ vehicle was hit by the blast of a bomb apparently planted […]
Morocco received yesterday (Sunday) at Casablanca’s port the first batch of the US-made M1A1 Abrams main battle tanks, as part of an order of 250 similar armored tanks. Last May, Moroccan media reported that the US will deliver to the Royal Armed Forces 22 Abrams this summer. The first convoy of this heavy armored tank […]
Canada’s auto parts manufacturer Linamar Corp. is building a US $280 million plant in Morocco wherein car industry is thriving, becoming a leading export sector, attracting more & more foreign investors. Linamar’s plant is destined to supply engine parts to the new Peugeot factory before expanding to new plants that should open soon in Morocco. […]
Creditors of Morocco’s sole refinery, Samir, are putting on the table the alternative of converting the massive 43-billion-dirham debt ($4.55 billion) into shares, a move that entails giving creditors a say in the board of trustees, Moroccan media reported on July 11. After an appeals court in Casablanca upheld a ruling placing the refinery into […]
The National Atlantic Treaty Organization announced from Warsaw, Saturday, a plan to set up an intelligence Fusion Centre in Tunisia, which was hit last year by a wave of terror attacks. The announcement made at the end of the two-day meeting of NATO leaders did not disclose much about the functions of the center but […]
Morocco has called for consolidating humanism, mutual understanding, mutual respect and tolerance in the Mediterranean, a meeting point of cultures and civilizations and an area that played such a decisive part in the history of mankind. “The Mediterranean must become, once again, an area of lasting peace and shared prosperity. It should, once again, stand […]
Africa’s longest cable stayed bridge was opened to traffic in Morocco following an inauguration ceremony chaired by King Mohammed VI. The Chinese-bridge is part of a 45 highway bypass that was completed for a total cost of 3.2 billion dirhams ($0.32 billion) thus bringing Morocco’s highways up to 1630km. Named after King Mohammed VI, the […]
The French Senate issued recently a report accusing Algeria of complicity over a host of sorts of arms and goods trafficking in the Sahel and Saharan region. The report dubbed, Rethinking Public Development Aid in The Sahel, says Algeria turns a blind eye to arms trafficking originating from Libya and transiting through its territories to […]
The number of passengers at Mohammed V airport in Casablanca have grown by 4.47% in May compared to the same period last year, the national airport office (ONDA) said. Figures issued by the same office show that 707,790 travelers used the airport in May compared to 677,514 the same period a year earlier. Passengers on […]