First Independent Mena Newspaper
Morocco and India expressed willingness to ease visa procedures notably for businessmen and tourists, Morocco’s foreign ministry said. This came during a videoconference between Morocco’s foreign minister and his Indian peer Subrahmanyam Jaishankar who expressed satisfaction at the growing ties between the two countries as evidenced by the signing of some forty agreements and memorandums […]
Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]
The Union of Arab Football Associations, UAFA, organizer of the Mohammed VI Champions Cup, will scale down the prize money for the championship as result of the covid-19 pandemic economic impact. The competition, suspended in March due to travel restrictions because of the pandemic, will soon resume, Abdulaziz bin Turki Al Faisal reportedly said last […]
Egypt has instructed its media to water down criticism of Turkey at a time the two countries are engaged in secret talks to iron out conflicting files including the Libyan one. A source in Egyptian state TV who asked not to be named told New Khaleej that authorities gave the new instructions as Cairo and […]
King Mohammed VI chaired a ministerial meeting in Rabat Wednesday during which details were provided about the latest developments on an anti-COVID-19 vaccine currently developed by China. During the meeting, Health Minister Khaled Ait Taleb said that there is regular contact with the companies working on the vaccine as well as with the Chinese government, […]
Moroccan textile operators lauded the government’s approval of the amendment of the FTA with Turkey saying such a move would help restore balance to the domestic market and save local industry and jobs. Morocco and Turkey agreed to reintroduce customs duty amounting to 90% on 1200 Turkish industrial goods to help curb the chronic deficit […]
US Assistant Secretary of State for Near Eastern Affairs David Schenker is expected in Morocco in the few coming days for talks with Moroccan officials on ways of enhancing economic and security cooperation ties between the two countries within the frame of their strategic partnership. The announcement was made this Monday by the US […]
The Mohammed VI Champions Cup, suspended owing to the covid-19 pandemic, will resume soon, head of the Union of Arab Football Associations, Talal Al Cheikh, has said adding that dates for the semi-finales will be decided this week. The tournament regrouping Arab club champions was halted at the semi-final stage in March due to […]
Morocco’s BMCE Bank and ACWA Power Maroc won honors at the 13th Arabia CSR Network Awards, regarded as the ‘Green Oscars of the Middle East’. The awards recognize the corporate social responsibility (CSR) initiatives of green champions from across the region. BMCE Bank Group won the CSR award in the category of Financial […]
The Moroccan Government approved on Thursday an amendment of the Morocco-Turkey Free Trade Agreement, increasing tariffs by up to 90 pc on 1200 Turkish goods for a five-year period. The amendment falls under Bill No 54.20, which Morocco and Turkey signed on August 24 after the two countries reviewed their Free Trade Agreement. The bill […]