First Independent Mena Newspaper
Pakistan has invited Morocco to take part in the 8th Naval Exercise Aman (Peace) to be organized in February next year by this South-Asian Muslim country. The invitation was extended during a visit paid by Chief of Pakistan Naval Staff Admiral Muhammad Amjad Khan Niazi to the North African Kingdom, according to press reports. During […]
The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and components in different regions of the Kingdom for a total investment of 1.96 billion dirhams. The framework agreement between Morocco and Sumitomo corporation for the development of these industrial projects […]
The bill to regulate the use of cryptocurrencies in Morocco is ready, announced the Governor of the Central Bank (Bank Al-Maghrib- BAM), Abdellatif Jouahri. Speaking at a press briefing following BAM’s 4th and final quarterly meeting of 2022, Jouahri stressed that the draft to put in place a proper regulatory framework is ready. “For cryptocurrencies, […]
Remittances by Moroccan expatriates are expected to increase by 12.9 pc to $10 billion in 2022 before dropping by 4pc to $9.6 billion in 2023 due to the deterioration of economic conditions in the host countries, according to the forecasts of Morocco’ Central bank. As for travel receipts, they are projected to end the year […]
Member-states of the Organization of Islamic Cooperation (OIC) have chosen Nigeria to serve as a food and grain storage hub for the group’s member states. “All the member countries of OIC selected Nigeria as the storage hub,” Director of Nigeria’s Federal Department of Agriculture, Abdullahi Abubaka, said. The OIC Secretariat will mobilize resources, […]
Gambian authorities have arrested four soldiers indicted for a failed military coup aiming to topple incumbent President Adama Barrow and his administration. “Based on intelligence that some soldiers in the Gambian army were plotting to overthrow the democratically elected government of President Adama Barrow, the high command (of the Gambian armed forces) quickly mounted a […]
Egypt has toppled Russia as a fertilizer exporter to European markets, with exports amounting to 1.5 billion euros during the first ten months of this year, compared to 521 million euros for the same period last year, Asharq Business reports, citing the Egyptian Export Council for Chemical Industries. The council on Wednesday quoted a report […]
Four men have received each 10 years in prison for kidnapping back in 2019 two Canadian female volunteers in the Ghanaian city of Kumasi. The men were found guilty of conspiracy and kidnapping Lauren Tilly and Bailey Chittey in June 2019, state-run Ghana News Agency (GNA) said. Tilly and Chittey were in Ghana to volunteer […]
A ceremony held in Nigeria on Tuesday (20 December), which saw twenty historic bronze sculptures returned to the country by Germany as part of efforts to address its “dark colonial past,” was the culmination of a years-long process that upended Germany’s approach to museum items looted during the colonial era. Germany’s Foreign Minister Annalena Baerbock […]
The United Nations Security Council has just adopted a resolution relaxing the embargo on arms exports to the Democratic Republic of Congo (DRC), a decision hailed by Kinshasa as an “injustice repaired”. The resolution removes language that previously required countries to inform the Security Council and its 15 members of any sale of arms or […]