First Independent Mena Newspaper
The International Monetary Fund (IMF) has reviewed upwards its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 5.7 % in 2021, which is the best performance in the Middle East & North Africa Region. The IMF new outlook takes into account several factors including the resilience of Moroccan economy and the […]
Morocco’s flag carrier Royal Air Maroc (RAM) and Israeli carrier El Al have recently signed a Memorandum of Understanding (MoU) to govern their ties in order to offer “the best services to customers.” The agreement was signed by the two carriers’ CEOs Hamid Addou and Avigal Soreq, on the sidelines of the 77th Annual General […]
Moroccan diplomat Mustapha El Yamli has become Head of the Arab League Office in Berlin. His appointment to this post comes following the decisions made during the meeting held Sept.9 in Cairo by the Council of Arab Foreign ministers. Mr. El Yamli was a university professor before joining the Ministry of Foreign Affairs. He […]
The Russian Embassy in Morocco announced that flights between Morocco and Russia have been suspended, starting Tuesday Oct.5. The embassy said it had received a decision from the Moroccan authorities regarding the suspension of flights with Russia, starting on Tuesday. The embassy did not indicate the reasons for this suspension, but it is likely that […]
Egypt has asked Turkey to suspend the military agreement signed with Libya as part of conditions to normalize ties between the two countries. Egypt and Turkey held several high-level security and intelligence meetings to thaw ties, strained since 2013 after Ankara cut ties with Cairo in the wake of incumbent Egyptian president Fattah al-Sisi’s military […]
The Algerian military junta is extremely concerned by the visit to be paid by Israeli defense minister Benny Gantz to Morocco following the normalization of relations between the two countries, which are looking forward to step up their military and economic cooperation. According to several press reports, during his trip, expected after the formation of […]
Ways of enhancing further military & defense cooperation between Morocco and the United Arab Emirates were at center talks held Tuesday in Abu Dhabi between General Belkhir El Farouk, Inspector General of the Royal Armed Forces (FAR) & commander of the southern zone, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi & Deputy […]
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 […]