First Independent Mena Newspaper
The Moroccan economy is expected to grow by 3.2 percent in 2022 against 5.3 pc growth recorded the previous year, says the World Bank in its latest Global Economic Prospects report. Morocco’s output is expected to slow this year from the previous year’s rebound as the Kingdom’s agricultural performance returns to historical averages after the […]
The anti-terrorism department of the Tunisian ministry of Justice has launched a probe against three members of Islamist party Ennahdah, including the Speaker of the suspended parliament Rached Ghannouchi, all of them suspected for financing terrorism activities in Egypt, Tunisie Numerique reports. The investigations against Ghannouchi and the two other former members of parliaments namely […]
Production at four vital Libyan oilfields will resume after a meeting between Prime Minister Abdulhamid Dbeibeh and representatives of a faction of the Petroleum Facilities Guard (PFG) which handle security of the sites, reports say. Wafa, El Feel, Sharara and Hamada oilfields halted production after the PFG staged protests against a number of issues, including […]
Police in Ecuador seized 656.7 kg of cocaine dissimulated in a container bound for Tunisia, Business News reports. Fausto Buenaño Castillo, Chief of the Latin American country’s police, told media that security forces found the cocaine hidden in a container supposed to carry banana, during an operation dubbed “Víspera”. The drug shipment, estimated at $42 […]
Morocco has taken steps to renegotiate a free trade deal with Tunisia and Egypt to protect its own industrial fabric and protect jobs after it took a similar move to balance its trade deficit with Turkey. Aujourd’hui le Maroc reported that Morocco plans to renegotiate the tax imposed on a list of goods including textile, […]
From now on people in Algeria will have to show their ID to be allowed to buy cooking oil! This is not a joke! Algeria has officially banned people under 18 years old from buying cooking oil in a bid to manage an acute shortage of essential commodities. The decision was announced by the trade […]
Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the tourism sector, minister delegate in charge of investments said. Remittances have contributed to the consolidation of Morocco’s international reserves which rose to 330.4 billion dirhams ($35.7 bln), enough to cover […]
Morocco on Monday called for a new win-win partnership between the European Union (EU) and the African continent, as France holds the rotating presidency of the Council of the EU. “It is necessary to define together a common commercial and industrial pact, based on the strengths of Europe as a renewed and innovative industrial power […]
Reacting to the press release issued this Monday by the British firm Chariot energy company announcing a major gas discovery offshore the northern Moroccan city of Larache, the Moroccan Office for Hydrocarbons and Mines (ONHYM) confirmed the encouraging results from the Anchovy-2 drilling off Larache. ONHYM said, in a statement, that “following the encouraging results […]
A group of Algerian human rights organizations and militants have called on the Algerian authorities to put an end to the new wave of cracking down and violations of the constitutional rights to freedom of speech, assembly and association. In their joint statement released lately, they called for the immediate liberation of prisoners of conscience, […]