First Independent Mena Newspaper
China has agreed to provide Morocco an economic and technical assistance worth over $14.5 million destined to finance public projects to be decided by the two partner countries. An agreement was signed in this regard Tuesday in Rabat by Moroccan minister of economy and finance Mohamed Benchaaboun and Chinese ambassador in Rabat LI L. Speaking […]
Japan carmaker Nissan has received initial approval to produce 100,000 car units per year in Egypt, which targets car export to revive its vehicle production industry. Nissan will manufacture the car, jointly with state-owned carmaker El Nasr Automotive Manufacturing, Minister of Public enterprise, Hesham Tawfik told media. Majority of cars produced will be exported. Egypt […]
The Rabat-based Islamic Educational, Scientific and Cultural Organization (ISESCO) called on the United Nations to proclaim March 15 an International Day to Combat Islamophobia. The date was chosen to honor the 50 people who were killed last week in terror attacks on two mosques in Christchurch, New Zealand that also injured more than 50 other […]
A Moroccan delegation, led by minister of Industry, Investment, Trade and Digital Economy, Moulay Hafid Elalamy, is taking part in the 14th Conclave on India-Africa Project Partnership, which opened Sunday in New Delhi with the participation of delegates from more than 37 African countries. The three-day event, organized by the Confederation of Indian Industry (CII) […]
Russia will deliver 20 Su-35 fighter jets to Egypt as early as 2020-21 following a $2-billion deal signed between the two countries end of last year. Egypt will start receiving the military aircraft as early as next year, reported Russian media kommersant, citing two senior defense industry officers. The Su-35 fighter is a fourth-generation multi-function […]
Sudanese government has signed deals for loans worth $300 million with regional Arab funds last weekend. The loans would help authorities in Khartoum to cope with the country’s economic crisis and nearly three months of street protests. According to the finance ministry, a $230 million loan deal was signed with the Abu Dhabi-based Arab Monetary […]
Morocco’s Bank Al Maghrib (BAM) and Dubai Financial Services Authority (DFSA) have agreed on Wednesday in Rabat to strengthen cooperation in financial services and in enhancing investors’ confidence. Inked by Abdellatif Jouhari, Governor of Bank Al Maghrib, and Chief Executive of the DFSA, Bryan Stirewalt, the agreement provides for coordination and cooperation between the two […]
Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]
The Legislative Institutions of Morocco and the United Arab Emirates are poised to bolster their cooperation in the legislative and parliamentary fields as stipulated in a memorandum of understanding they signed on Monday in Rabat. The MoU was signed during a meeting between a delegation of the Federal National Council, led by FNC Speaker Dr. […]
The Arab Liberal Parties, members of the Arab Liberal Federation (ALF) and the Arab Youth Union for Freedom and Democracy (AYUFD), have reiterated their full support to Morocco’s territorial integrity and sovereignty over its southern provinces. In the final statement issued after their meeting convened lately in Marrakech, these parties renewed their backing to the […]