First Independent Mena Newspaper
Moroccan phosphate group OCP, Attijariwafa Bank and Saham Finances have been honored by the Africa CEO Forum convened lately in Abidjan, Côte d’Ivoire. OCP, a global market leader of phosphate and its derivatives, has received the “CSR Strategy of the Year” Award for respecting and implementing a Social and Environmental Responsibility policy. The CSR strategy […]
SNI, the largest stakeholder in the Moroccan economy, announced that it has changed its name into Al Mada in tandem with gearing its activity towards becoming a pan-African investment fund. This change was approved at a meeting of SNI’s board of directors on March 28 in Casablanca, said the company in a statement noting that […]
Despite the joint might of the US, Canada and Mexico to host the 2026 World Cup, there are numerous factors that undermine the undertaking of the North American bid. In addition to the Trump factor, distance between cities and inconvenient time zone, the lack of gun safety in the US surfaced as an issue of […]
King Mohammed VI has condemned the missile strikes against Saudi Arabia that were fired from Yemeni territory, as a “despicable criminal aggression”. In a message to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King Mohammed VI expressed his “deep sorrow” and “great indignation” and his outright solidarity with the […]
Morocco was ranked the most attractive African economy for investments in the Africa Investment Index 2018 issued by Quantum Global. Morocco earned the title of Africa’s top investment destination thanks notably to an improving economy, increased foreign direct investment flow and low external debt levels in addition to propitious business climate among others. “Morocco has […]
Morocco’s third largest telecoms operator, Inwi, is suing market leader Maroc Telecom over unfair competition claiming $620 million in payment. Inwi accuses Maroc Telecom of holding 60% of Morocco’s telecoms market, saying that such a share is against the law, which states that companies should not exceed 40%. Kuwait’s Zain and Kuwaiti Investment Authority’s Al […]
Attijariwafa bank, a leading pan-African banking group, has teamed up with IFC, a member of the World Bank Group, to boost cross-border trade and investment in Africa and support the continent’s smaller businesses. A cooperation agreement was signed by the two sides to enhance investments in both North Africa and Sub-Saharan Africa. The partnership will […]
Morocco’s Foreign Minister Nasser Bourita is expected this Tuesday in Ramallah, where he will meet Palestinian President Mahmoud Abbas before traveling to Amman, for a meeting with Jordan’s King Abdullah II on Wednesday. Bourita told Asharq Al-Awsat that his visit to Palestine comes upon instructions by King Mohammed VI of Morocco, who is also chairman […]
The Russian football association has officially joined its voice to that of Russia, which promised to vote for Morocco in its bid to host the 2026 World Cup tournament. The Russian support for Morocco’s 2026 World Cup bid was made at a recent press conference at Russia’s Embassy in Rabat by member of the Russian […]
Irish Low cost airline, Ryanair, said it will launch a direct air link between Marrakech and Athens on October 29. The airline said it will operate two weekly flights between the Moroccan city and the Greek capital. Each flight will last 4 hours and 25 minutes. The opening of this new air route is part […]