First Independent Mena Newspaper
The European Bank for Reconstruction and Development (EBRD) has granted Novares Morocco, the Moroccan subsidiary of the French automotive supplier Novares Group, a €16.5 million loan. The amount will be used to finance the Novares project in Morocco, supplying the plants of Peugeot PSA in Kenitra and of Renault in Tangiers. The funds will also […]
Moroccan low-cost airline, Air Arabia, launched a direct air route between Agadir and Birmingham with the aim of attracting more British tourists to Morocco’s Atlantic tourist hub. The new air link will help boost tourist arrivals to Agadir, which, together with Marrakech, accounted for 60% of tourist nights spent in the Kingdom. Agadir-Birmingham flights are […]
France, Italy, the United Kingdom, and the United States have welcomed the announcement that Libya’s National Oil Corporation has recovered its prerogatives and is resuming its vital work on behalf of all Libyans, insisting that Libya’s oil facilities, production, and revenues belong to the Libyan people. The four world powers have issued a joint statement […]
As part of its External Investment Plan, the EU Tuesday gave its green light to a package of financial guarantee programs worth around €800 million. This will help to leverage an estimated €8-9 billion in public and private investment in Africa and the Neighborhood, the European Commission announced in a press release. The decision is […]
As the Sahel region experiences its worst food and nutrition crisis in five years and continued insecurity, the European Commission has announced Tuesday a humanitarian aid package worth €191.3 million. Over one third of the amount, i.e. €70,6 to be shared between Mali and Nigeria. “There is no time to waste with many affected by […]
Morocco has voiced its readiness to contribute to all initiatives seeking to enhance further Chinese-Arab partnership, based on the principle of respect of the States’ sovereignty and non-interference in their internal affairs. Addressing the 8th China-Arab States cooperation forum held Tuesday in Beijing, Moroccan Foreign Minister Nasser Bourita said the reinforcement of partnership between China […]
Morocco, which is the only African country having both the Mediterranean and Atlantic coastlines, is continuously modernizing its naval defense capabilities to protect its water and deter enemies. But the Algerian military Generals, who are tightening their grip on the country on the verge of implosion due to deep sociopolitical crisis, are getting hedgy whenever […]
Morocco has suggested hosting the Spanish super cup between Barcelona and Sevilla in a single match in a neutral stadium instead of two matches as has been the tradition. The option has been boosted by the approval of the concept by La Liga and the Spanish football association as the two teams’ schedule is busy […]
Worried by a surge of migration attempts from Libya, Italy reactivated a Gaddafi-era friendship deal with Libya promising to offer billions of euros in aid. The 2008 deal was revived by Italy’s new populist government offering $5 billion in aid for the reparations to Libya to stop migrants sailing across the Mediterranean. Enzo Moavero Milanesi, […]
Nearly 6 million people are struggling to meet their daily food needs as malnutrition affects more than a million children. The food crisis has alarmed the UN aid Chief Mark Lowcock who called for urgent assistance to “avert the worst”. International aid agencies are also warning of a disaster and calling for urgent aid to […]