First Independent Mena Newspaper
The U.S. International Development Finance Corporation (DFC) has decided to finance the construction of Ifria refrigeration facilities in two African countries, namely Morocco and Senegal. The move, announced last week, come after DFC provided technical assistance grants to the cold chain development company Ifria in 2021. The Corporation announced the signing of commitment letters worth […]
King Mohammed VI received, Friday in Rabat, the President of the World Bank Group, Ajay Banga, and the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. The audience took place just after the speech delivered by the Sovereign at the opening of the Fall session of the Parliament, to which the chiefs of […]
King Mohammed VI has called for strengthening the spirit that drives multilateralism to preserve the world’s stability and peace, stressing the need to boost synergies to address common global climate and socioeconomic challenges. In a message to the main plenary of the Annual Meetings of the World Bank and the International Monetary Fund (IMF) that […]
US Secretary of State, Antony Blinken, has praised King Mohammed VI’s commitment to peace and security in the Middle East. During a phone call Wednesday with Foreign Minister Nasser Bourita, the U.S. top diplomat also welcomed continued “close” cooperation between Morocco and the United States, according to a press release issued Thursday by the State […]
The World Bank, the International Monetary Fund (IMF) and Morocco have launched a call for enhanced global action on common challenges in a bid to build resilience and expand opportunities for a better future. In a joint statement issued Wednesday in Marrakesh which is hosting the 2023 Annual Meetings of the WB & IMF, the […]
The US embassy in Tunis announced Wednesday October 11 the suspension of services for two days, October 12-13, for security reasons on the backdrop of a demonstration in support of Palestine amid the conflict between Israel and Hamas. Tunisia’s powerful labor union UGTT is organizing this October 12 a nationwide demonstration in favor of Palestine, […]
The efforts being made to help schoolchildren in the regions of Morocco affected by the September 8 earthquake are “very impressive”, stressed, on Tuesday in Marrakech, US Secretary of the Treasury, Janet L. Yellen. These efforts testify to the importance attached by the Kingdom to the education sector and the major role it plays in […]
“Morocco’s Quest for Stronger and Inclusive Growth” is the title of a book edited by Roberto Cardarelli and Taline Koranchelian of the International Monetary Fund (IMF), offering a comprehensive overview of the progress scored by Moroccan economy over recent decades. The book, presented Monday at the start of the preparatory works of the WB/IMF Annual […]
World leader in the design, manufacture and service of aircraft engines and auxiliary power units, Pratt & Whitney, invested $100 million in a plant that underscores the development of the aeronautical industry in the country. The 120,000 m2 plant will be ready in 12 months and would employ 200 people, Morocco’s industry ministry said. Pending […]
The FIFA Executive Committee has unanimously selected the joint Morocco-Spain-Portugal bid to host the 2030 World Cup since it was the only bid in the race for hosting the 2030 FIFA World Cup, converging media sources have reported. A statement from Morocco’s Royal Palace has just confirmed the reports, quoting King Mohammed VI as celebrating […]