First Independent Mena Newspaper
The Central Bank is preparing a law governing the use of cryptocurrencies in Morocco, which is expected to be submitted to Parliament by year’s end, a senior official said. The central bank is benchmarking and examining similar laws elsewhere, Hiba Zahoui director of Bank supervision said at a press conference. She declined to give details […]
Morocco and the World Bank have signed a $500 million financing agreement, representing the first tranche of a loan destined to strengthen human capital for a resilient Morocco. The financing aims to improve protection against health risks, loss of human capital as well as to improve climate risk management and resilience to catastrophic events. The […]
The African Union’s Peace and Security Council (PSC) encourages the African Atlantic Process initiated in Rabat to consolidate an African framework for cooperation on maritime security and safety. The AUPSC “encourages the African Atlantic Process in Rabat, within the framework of existing regional, sub-regional and inter-regional mechanisms, to contribute to the consolidation of an inter-African […]
Russia’s Foreign Minister Sergey Lavrov Sunday said Russian grain exporters are committed to their obligations regarding international wheat orders. Russia’s top diplomat was in Cairo Sunday to meet with Egyptian authorities and the Arab League. Lavrov during a joint press conference with his Egyptian counterpart Sameh Shoukry said that his country took many steps to […]
Voting centers in Tunisia have opened early today July 25 for a national referendum on a new Constitution pushed by incumbent President Kais Saied while opponents call for the process boycott. The electoral commission of the North African country (ISIE) has indicated that 9,278,541 including 348,876 in the diaspora, have registered for the process. The […]
Since King Mohammed VI ascended the Throne, Morocco has been showing Africa the way for south-south cooperation and win-win intra-African partnerships by taking initiatives on the ground matching its Africa policy discourse. The recent such initiative was the helping hand extended by Moroccan state-owned phosphates and fertilizers company OCP which offered African countries 550,000 tons […]
Jordan-based “The Muslim 500” has named Qatar’s Emir Sheikh Tamim bin Hamad Al Thani as the most influential Muslim. Sheikh Tamim tops 50 influential Muslim personalities. Saudi ruler King Salman bin Abdul-Aziz Al-Saud, and Iran’s Supreme Leader Ayatollah Khamenei follow respectively 2nd and 3rd. The Jordanian Royal Islamic Strategic Studies Centre, an independent research entity […]
The Emir of Kuwait has named Sheikh Ahmad Nawaf Al-Sabah as Prime minister on Sunday, replacing caretaker Sheikh Sabah Al-Khalid. Sheikh Ahmad had previously served in similar capacity. He was deputy Prime Minister and Interior minister in the outgoing government, which had submitted its resignation in April. Prior to those positions, he became deputy head […]
The European Union has intensified pressure on Nigeria to supply additional gas to Europe as it attempts to wean itself off Russian gas on the back of Vladimir Putin’s war with Ukraine. With the bloc preparing for potential Russian supply cuts, Nigeria’s Minister of State, Petroleum Resources, Chief Timipre Sylva, has called for collaboration with […]
Hundreds of million of people all across Africa are facing the greatest cost of living crisis in a generation due to rising food and energy prices amid rapid inflation and increasing debt, leaving the most vulnerable consumers in a dire situation, the UN trade and development body, UNCTAD, has warned. „The ripple effects of the […]