First Independent Mena Newspaper
Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, Reuters reports citing two sources familiar with the matter. The pause is unprecedented in the spree of investments done by the Gulf country in […]
The number of women and children migrating from the Horn of Africa to the Gulf states has significantly increased and is a cause of concern, the head of the UN’s International Organization for Migration (IOM) has warned, citing climate change as the main driver of the increased migration. The treacherous journey from Djibouti, Ethiopia and […]
Global attitudes toward China and Russia have shifted since the Kremlin’s invasion of Ukraine, but African countries’ discontent with the West has not translated into a desire for Beijing or Moscow to wield greater influence over the international order, the annual report of the Munich Security Conference has found. Critics have accused African governments of […]
The Foreign Ministers of the US, the UK, France, Germany and Italy issued a joint statement on Tuesday condemning Israel’s decision to legalize nine outposts and advance plans for some 10,000 new settlement homes in the West Bank. The Foreign Ministers said their countries “are deeply troubled by the Israeli government’s announcement that it is […]
The Moroccan and Saudi Public Prosecution authorities have agreed to foster cooperation ties and exchange experiences in the fight against transnational organized crime, money laundering and cybercrimes. The agreement was inked in Rabat by President of the Moroccan public prosecutor’ Office Hassa Daki and Saudi Attorney General Saud Bin Abdallah Al-Mujab. The two countries’ public […]
The death toll among the Moroccan community in Türkiye, in the violent earthquake that struck the south of the country, has now reached ten, the Kingdom’s embassy in Ankara said Monday. Four new victims, all women, have died in this earthquake, said the diplomatic mission. On February 6, Turkiye and Syria woke up to one […]
The Egyptian Exchange (EGX) and the Saudi Tadawul Group have signed a memorandum of understanding (MoU) to strengthen joint cooperation, Arab Finance reports citing an emailed press release of February 13. The MoU was signed on the sidelines of the ongoing Saudi Capital Market Forum, held in Riyadh February 12-14. “We seek to cooperate with […]
King Mohammed VI has reiterated Morocco’s unwavering commitment to the Palestinian cause and to al-Quds, pointing out that he considers the Palestinian cause just as important as the Kingdom’s foremost national cause and warning that the stalemate in the Palestinian-Israeli peace process gives radicals an opportunity to exacerbate the conflict, stir up religious feelings, and […]
The Spanish Real Madrid grabbed the Club World Cup after they defeated Saturday at the Moulay Abdellah sports complex in Rabat, the Saudis of Al Hilal on the score of 5 goals to 3. This is the 5th time that Real Madrid win the Club World Cup after those of 2014 (in Morocco), 2016, 2017 […]
The number of Moroccan nationals who died in the devastating earthquake that struck southeastern Türkiye last Monday has now reached six victims, Morocco’s Embassy in Ankara announced on Saturday. An earlier assessment provided on Thursday by the Government Spokesman had reported four deaths. The death toll from the earthquakes in Türkiye and northwestern Syria has […]