First Independent Mena Newspaper
Morocco’s central bank (Bank Al-Maghrib) and Bank of Russia (Central Bank of the Russian Federation) have signed a memorandum of understanding (MoU) aimed at improving and strengthening cooperation between the two Institutions. The agreement covers the exchange of information and expertise in several areas, including developing and implementing monetary policy. It also covers macroprudential policy, […]
Acquiring advanced combat drones has featured as a main component of Morocco’s army modernization efforts with the receipt of 12 Turkish Bayraktar drones and news of an upcoming launch of the manufacturing of Israeli Kamikaze drones in the North African Kingdom. The first batch from Turkey, which is part of an order of 13 Bayraktar […]
Egypt and Saudi Arabia will sign soon multiple contracts for a 2 GW electricity transmission network that will connect the two countries’ grids. The project worth $1.6 billion will connect both countries’ grids with 900 kilometers of overhead transmission cables and pass across the sea bed, for 25 kilometers. Egypt will finance 40 per cent […]
U.S. Secretary of State Antony Blinken hailed Friday “the deepening of diplomatic relations” between Morocco, Bahrain, the United Arab Emirates, and Israel a year after the signing of the Abraham Accords with “benefits that continue to grow”. “Today, one year after the signing of the Abraham Accords, their benefits continue to grow. We are witnessing […]
The historic Abraham Accords show that “peace is possible”, said on Wednesday, US State Department Spokesman Ned Price. Israel, the UAE, and Bahrain signed the Abraham Accords at the White House in September of last year. The following month, Israel and Sudan normalized their relations. Morocco subsequently signed the US-brokered accords in a tripartite Israel-Morocco-US […]
The Abu Dhabi Fund for Development, ADFD, is set to finance the upgrading of a fishing port in Mauritania to boost the local industry. The ADFD’s funding, $7.9 million, will be used to renovate the Tanit Fishing Port including the building of an ice factory, the Gulf country’s state-run news agency WAM reported. The project, […]
The UK government has reaffirmed its strong support to the normalization of relations between Israel, Morocco, Bahrain, the United Arab Emirates, and Sudan within the frame of the Abraham accords. “These are historic steps which see the normalization of relations between friends of the UK”, Britain’s state minister for the MENA region James Cleverly said […]
Morocco has pleaded for the establishment of a lasting peace in the Middle East, as a “strategic objective” to serve the present and future generations. The plea was made by Permanent Representative of Morocco to the United Nations, Omar Hilale, who joined Monday the ambassadors of the United States, UAE, Bahrain, and Israel to celebrate […]
Israeli Prime Minister Naftali Bennett will travel “soon” to Egypt to meet with President Fattah al Sisi in the Sinai Peninsula, Israeli media reports. Bennett will sit down with al-Sisi in the Sinai resort city of Sharm el-Sheikh, ‘Times of Israeli’ reports citing Kan broadcaster. Kan did not provide details on the timeframe but […]
Royal Moroccan Navy frigate “Lieutenant Colonel Arrahman” and India’s third Talwar-class frigate “INS Tabar” have conducted last weekend a joint maritime partnership exercise off the Casablanca port. The drill focused on communication procedures, replenishment at sea procedures and naval maneuvers. The exercise concluded with the traditional steam past between the two ships to bid farewell […]