First Independent Mena Newspaper
The European Bank for Reconstruction & Development (EBRD) announced on Thursday the approval of a €2 million loan to Société Maghrebine de Monétique S.A. (S2M), a Moroccan firm that develops e-payments systems. The loan will enable S2M to enhance its competitiveness and increase employment opportunities for young people with on-the-job-training programs Under the Bank’s Blue […]
The International Energy Agency has released the latest in-depth review of Morocco’s energy policies, welcoming the institutional, legal and fiscal reforms undertaken by the North African country to promote the sustainable development of the energy sector and the ambitious energy transition pathway it is pursuing. The report was presented in Rabat by Dr Fatih Birol, […]
Spanish Minister of Defense Margarita Robles, on Wednesday, welcomed the cooperation existing between Spain and Morocco in fighting the networks of migrants smuggling operating in the Strait of Gibraltar. “We have full confidence in the collaboration with Morocco” in the field of the fight against irregular immigration, she told the press on the sidelines of […]
French automaker PSA Peugeot is undertaking the final touches before starting production in its Kenitra factory, worth €557 million. Head of the Central Bank had said that the factory will open by mid-2019. Peugeot’s CEO Carlos Tavares will attend the opening of the state-of-the-art factory, which will mark the return for the company’s production in […]
Moroccan Police nabbed Saturday at the Marrakech-Menara International Airport a 58-year-old French national in execution of an international arrest warrant issued by a Swiss court. The French national has been sued for fraud and sentenced to a prison term in absentia, said Sunday the Directorate General of National Security (DGSN) in a statement. According to […]
Some 800 Moroccan imams will go to Europe to ensure guidance of the faithful there along the lines of moderate Islam during the holy month of Ramadan, local media said. Morocco has stood out by adopting a pre-emptive approach against the root causes of extremism by training Imams on the genuine Islamic values of moderation. […]
The European Union reiterated on Thursday its support for the United Nations efforts to reach a just, lasting and mutually acceptable political solution to the Sahara issue, based on compromise . Commenting on Security Council Resolution 2468 on the Sahara adopted on April 30, an EU spokeswoman said “the EU supports the efforts of the […]
The number of irregular migrants reaching Spain has dropped by 52% in April, compared with the same month last year, reported Spanish daily newspaper ABC, pointing out that this notable decrease was made possible thanks to cooperation with Morocco and the North African Kingdom’s efforts to foil migration operations and dismantle illegal migration networks. Moroccan-Spanish […]
Italy and Tunisia are reviving plans for power interconnection between the two countries. The project has been under development by Italian transmission company Terna and Tunisian gas and electricity group STEG since 2003. The project was originally conceived to export power generated in Tunisia to Italy but is now based on an electricity exchange in […]
A Moroccan court decided Thursday to postpone until May 16 the hearing of the case against the suspects involved in the killing last December of two Scandinavian tourists in the High Atlas mountains. A total of 24 persons, including a Spanish-Swiss convert to Islam, are expected to appear before a criminal court in the city […]