First Independent Mena Newspaper
Morocco, like most energy importing countries, is facing the fallout of an imported inflation that sent up the prices of basic commodities in the international market. In July, prices rose to 7.7% year on year, according to the national statistics agency. The increase has been felt mostly in food prices and transport cost which rose […]
King Mohammed VI sent a message of congratulations to President of Ukraine Volodymyr Zelensky on the occasion of his country’s Independence Day. In this message, the Sovereign offered best wishes to the Ukrainian people for peace and prosperity “in an environment of security, unity and stability.” The King hailed on this occasion the excellent relations […]
Since the visit by French President Emmanuel Macron to Morocco in Nov. 2018 to launch a high-speed train not much has been achieved in political ties between the two countries, leading analysts to argue that the current form of bilateral ties has hit the limit. France remains the first investor in Morocco with French automotive […]
Saudi Arabia has pledged to invest $14 billion in Uzbekistan including the construction of the world’s largest wind farm with a capacity of 1.5 GW that will power 1.65 million homes, reports say. The Gulf Kingdom’s power company ACWA Power will build the farm in Karakalpakstan region. The project will solve the kingdom’s chronic energy […]
Tunisian customs detained Tuesday for several hours a group of Japanese space engineers upon arrival at Carthage international airport in possession of a satellite blueprint mistakenly taken for a spying device, reports say. The engineers, according to Tunisian Space Association, were interrogated for two hours and they were only released following the intervention of the […]
The divorce rate in Egypt is on the increase as the country registered 245,777 last year, up from 22,036 cases the previous year according to data presented by the Central Agency for Public Mobilisation and Statistics (CAPMAS), Middle East Monitor (MEMO) reports. The increase in the number of divorces represents 14.7 per cent. The CAPMAS’s […]
The Saudi Central Bank (SAMA) Tuesday issued operation permits to “Lean Technologies” and “Mod5r”, two companies which will provide Open Banking Solutions. The permits are in line with the Council of Ministers’ decision in the second quarter of 2022, which provides for the adoption of the Fintech Strategy containing the supreme directive order for the […]
French giant Total Energies has ditched a petrochemical project in Arzew in Oran in Western Algeria, a withdrawal that analysts blamed on Algeria’s bureaucracy. The news was relayed by Africa Intelligence news outlet on the eve of a visit by French President Emmanuel Macron to the country. The French firm has sealed a deal wih […]
A sustainable project in Nigeria’s southern Edo state is helping to get the country’s palm oil industry back on its feet decades after it was eclipsed by now leading producers Indonesia and Malaysia. Since the 1960s, when Nigeria was still the world’s top producer of palm oil, the substance that is extracted from oil palm […]
Cameroon has sealed at least 30 gold mines, including some owned by Chinese companies, after more than 33 young miners died in landslides this month and scores more were declared missing. On Monday (22 August), the local government deployed several hundred troops to seal at least 30 gold mines in Kambele, a village in Batouri […]