First Independent Mena Newspaper
Ways of enhancing further cooperation ties between Morocco and the United States in the fight against human trafficking were at the center of a meeting held Wednesday in Rabat. The meeting gathered visiting Brian Marcus, Deputy Director of the U.S. Department of State’s Office to Monitor & Combat Trafficking in Persons and his accompanying delegation […]
Egypt’s central bank governor, Tareq Amer, resigned on Wednesday amid the country’s ongoing economic crisis and the Egyptian President accepted his resignation, according to several press reports. Amer had been at the helm of the central bank since 2015, and was due to hold the position for another year. The resignation comes amidst a severe […]
Israel and Turkey have agreed to resume full diplomatic relations and will proceed to an exchange of ambassadors following steady improvement in relations, Israeli Prime Minister Yair Lapid’s office said in a statement this Wednesday. “The improvement in relations will help deepen bonds between the two peoples, expand economic, trade and cultural ties, and strengthen […]
Columbia women’s basketball team will make its first trip overseas since 2016 on Saturday when it departs New York City to begin a one-week foreign tour in Morocco and Spain. “The Lions” will spend three nights in Morocco and four nights in Spain before returning to the United States, the team announced on its website. […]
Saudi Arabia’s Public Investment Fund bought shares in Alphabet, Zoom Video and Microsoft as part of a wider pick of US stocks, bringing the sovereign wealth fund’s second-quarter investments to about $40.8 billion, Arab Finance reports. A filing from US Securities and Exchange Commission indicated that PIF acquired 213,000 class A shares in Alphabet; 4.7 […]
UK’s renewable energy developer TuNur plans to invest $1.5 billion in building an export-oriented solar power plant in Tunisia with a capacity of 500 megawatts, the North African country’s state-run news agency announced Tuesday. Daniel Rich, the CEO of the British company made the announcement as he met with Tunisia’s Minister of Economy and Planning […]
The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]
The UN Security Council held a meeting yesterday on the situation in Libya. The issue of the difficult appointment of a new special envoy to Libya was widely discussed. The post has been vacant since the resignation of Slovakian Jan Kubis eight months ago. The international community, strongly divided, cannot agree on a new envoy. […]
The current Moroccan government has set four priorities for next year’s appropriation bill as it continues to navigate through turbulent waters to materialize its promises of reinforcing the basis of the social state, bolstering post-Covid economic recovery, attracting investors and curbing inequalities between regions. The government has been challenged by imported inflation which weighed on […]
The United States should help boost Morocco’s military-industrial capability to counter the threat of Iranian destabilization via Algeria in Africa and the Middle East, says a Washington-based think tank. In an Op-Ed published by Jewish Institute for National Security of America (JINSA, retired army Gen. Steven Blum and policy analyst Samuel Millner stress the importance […]