First Independent Mena Newspaper
Spain remained Morocco’s top trading partner in 2016 with trade turnover totaling $10.6 billion up from $9.3 billion in 2015, Morocco’s foreign exchange regulatory authority, L’Office des Changes said. Between 2015 and 2016, Morocco’s imports from Spain rose from $4.4 billion to $6.2 billion, while its exports to the country jumped from $4.2 billion to […]
Bahrain’s Islamic Bank, Al Tamweel wa Inma (BTI) Bank, which opened lately its headquarters in Casablanca, looks forward to setting 37 branches by 2022 in various cities of Mo-rocco. The BTI Bank has been launched following the partnership sealed by Al Baraka Banking Group (ABG), the leading multi-national Islamic Banking Group, headquartered in Bahrain, and […]
Abu Dhabi’s National Oil Company (ADNOC) and Morocco’s state-owned phosphates company (OCP) signed a sulphur supply agreement covering 25 years. Under the agreement, ADNOC will increase the volume of sulphur exports to the OCP up from 2 million tons in 2016. ADNOC, one of the world’s largest sulphur producers, sees promising prospects for raising sulphur […]
Niger, a member of the Economic Community of West African States (ECOWAS), has reaffirmed support for Morocco’s bid to join the West African trade bloc. In a joint statement issued following the 4th Morocco-Niger Joint Committee (Dec 25-26 in Rabat), the two parties highlighted the beneficial impact Morocco would have on the ECOWAS. The Joint […]
The investments co-developed by Morocco and China as part of the One Belt One Road (OBOR) initiative coupled with the North African Kingdom’s investments in logistics and infra-structure stand as a model to follow for the rest of Africa, stated Kenyan website, the Business Daily. In an article titled “Lessons from Morocco in China-backed mega […]
King Mohammed VI has addressed written messages to King Salman bin Abdulaziz of Saudi Arabia and to Emir of Kuwait, Sheikh Sabah Al Ahmad Al Jaber Al Sabah. The royal messages were handed over to the two Arab leaders in Riyadh on Sunday and in Kuwait city on Monday by Moroc-can Ministers of Foreign Affairs […]
Morocco and Niger have strengthened their partnership with the signing on Tuesday in Rabat of 16 cooperation agreements destined to lift their strategic partnership to higher levels. The deals, sealed during the 4th session of the Morocco-Niger Joint High Committee, include projects in the sectors of trade, tourism, culture, health, training, justice, customs and transport. […]
Sudan has agreed to hand over the Red Sea Suakin island temporarily to Turkey for infrastructure development and rebuilding. The announcement was made during a visit by Turkish President Recep Tayyip Erdogan to Sudan, which included a visit to the Suakin island and its old port. During a speech at the University of Khartoum, where […]
Italian Prime Minister Paolo Gentiloni is to ask the Parliament’s permission to redeploy troops currently stationed in Iraq to Niger where terrorist groups are increasingly engaging in human trafficking, contributing to the surge of illegal immigration in the Mediterranean region. Gentiloni said Italy’s 1,400-strong military force, present in Iraq, could now be reduced after victories […]
Tunisian authorities banned Emirates Airlines from landing in Tunis in retaliation against a decision by UAE authorities denying all female Tunisian nationals entry into the country under a ‘temporary’ travel restriction on Friday, December 22. The Tunisian transport ministry said it has ordered the suspension of Emirates flights to Tunis “until the airline is able […]