First Independent Mena Newspaper
King Mohammed VI who is following up with keen interest the evolution of the booming automotive industry in Morocco was briefed Thursday on the extension project of the Moroccan Society of Automotive Construction (SOMACA), which is planning to double its production capacity by 2022. The plan was unveiled by Minister of Industry, Investment, Trade and […]
German Group thyssenkrupp Aerospace will open a processing and logistics center in Casablanca before the end of the year, confirming the momentum of Morocco’s aerospace industry which continues to attract foreign investors. Mr. Patrick Marous, CEO thyssenkrupp Aerospace, said the Casablanca site will enable thyssenkrupp to supply its local customers with the required materials and […]
Morocco’s exports to Spain increased by 6.7% in the first seven months of 2018 compared with the same period last year, the EU statistics office said. Morocco’s imports from Spain grew by 7.8% while its imports from the EU followed a similar rising trend at 7.1 percent, the source said. Morocco’s exports to Spain consisted […]
Public funding alone is not enough to achieve the Sustainable Development Goals (SDGs) said participants in the Global Forum organized Tuesday in Marrakech by the European Bank for Reconstruction & Development (EBRD), FAO and EU. They also called on international financial institutions to leverage private investments to tackle global challenges in food and agriculture. The […]
Moroccan OCP Group, the world’s largest exporter of phosphates and a leading global phosphate plant nutrition player, and Fertinagro Biotech S.L., a Spanish company which manufactures and supplies a wide range of plant nutrition solutions, have completed the acquisition by OCP, through one of its subsidiaries, of 20% of Fertinagro’s shares by way of a […]
Spain has returned to Morocco dozen migrants who forced their way on Sunday to the Spanish occupied enclave of Melilla in the Northern African kingdom. A total of 208 migrants entered Melilla on Sunday after climbing over two barbed wire fences which separate the tiny territory from northern Morocco. One migrant died in the crossing. […]
The French Alten Group, specializing in engineering and technology consulting, inaugurated a center dedicated to automotive engineering in Rabat last week. This new phase of its development in Morocco will include two training programs and professional integration. After the opening of the “Automotive and Aeronautical Embedded Systems” branch in Fez in May 2017, the Alten […]
Morocco has made of diversifying partners at the international level a pillar of its active diplomacy as it continues winning allies in Latin America, with Paraguay joining the list of Morocco’s friends in the region. At the end of the first session of Morocco-Paraguay political consultations in Asuncion, attended by Morocco’s state secretary to the […]
Migration topped the agenda of a meeting between Interior ministers of Morocco and Spain Abdelouafi Laftit and Fernando Grande-Marlaska who both stressed on Saturday in Madrid the need for promoting legal migration as Spain became the main gate for illegal crossings to Europe. The Spanish minister told the press following the meeting that both countries […]
The European Union has agreed to increase its financial support to Morocco to €140 million, as proposed by Spain. The decision was made during the EU Summit of Heads of State and Government held on Wednesday and Thursday. The EU will contribute at least €140 million from EU funds’ to Morocco for the management of […]