First Independent Mena Newspaper
Anti-migrant and anti-Islam Dutch party PVV, led by Geert Wilders, won by far the parliamentary election, in a result that signals the rise of the far-right across Europe leaving many migrants in the country, especially Moroccans, expecting the worst. PVV win will send shockwaves across Europe where mainstream parties fear a sweeping return of the […]
The European Bank for Reconstruction and Development (EBRD) has approved a €12 million loan for Guelmim-Oued Noun Saharan region to enable it improve drinking water supply for households in rural areas. The funding will also help the Guelmim province upgrade four existing Waste Water Treatment Plants (WWTPs). the recycling water is used in community gardening, […]
Mauritania and Spain launched Tuesday November 21 in Canary Islands a joint economic commission to establish “relations of trust” between Canary Islands and Mauritanian companies, to develop joint projects in several economic fields, reports say. The Commission is made of around 25 companies from the Canary Islands and several Mauritanian companies active in trade, fishing, […]
The European Bank for Reconstruction and Development (EBRD) launched this Monday its “Youth in Business” program in Morocco destined to help young entrepreneurs unlock their full potential as drivers of inclusive market economies. As part of the program, the European bank pledges to provide €100 million in credit lines to six eligible partner financial institutions […]
Commercial International Bank or CIB, one of Egypt’s leading private banks, has signed up for a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, a bourse statement said. Per the statement, the loan has a maturity of 10 years and will be used to optimize the […]
Ways of promoting cooperation between Morocco and Germany were discussed at a meeting that gathered in Berlin this Sunday Head of Government Aziz Akhannouch and German Chancellor Olaf Scholz. The meeting provided an opportunity to exchange views on several issues of common interest, and to examine possible ways of upgrading economic and commercial partnerships. During […]
King Mohammed VI has voiced his firm determination to continue working with Spanish Prime Minister Pedro Sanchez to strengthen further the strategic partnership adopted by the two countries on the basis of “neighborliness, mutual trust, and permanent and constructive dialogue.” In a congratulatory message sent to Mr. Sanchez after he won a new term as […]
As was expected, Pedro Sanchez and his PSOE-led coalition are back to the helm of power in Spain for a second term, much to the disappointment of Algeria that bet on the Spanish left. The same far-left Sumar coalition has turned its back to Algiers following a deal to form a coalition with Sanchez that […]
The Russian Foreign Ministry welcomed Thursday November 16 the Malian Army’s liberation of the town of Kidal from Touareg rebel groups who had occupied the region for 10 years. Malian transitional authorities announced November 14 the seizure of the town from the rebels following fierce battle. The town is the site of a base that […]
Austrian packaging leader Alpla announced on Thursday the acquisition of a majority stake in Atlantic Packaging firm of Moroccan Diana Holding and the setting up of a joint venture “ALPLA Morocco” to meet growing demand. In a press release issued Thursday, Alpla group said the transaction will enable it to enhance its presence in North […]