First Independent Mena Newspaper
State fund CDG said that the losses due to coronavirus could amount to $5.4 billion (54 billion dirhams) with Morocco expecting a recession in 2020. The study was based on the hypothesis of a four-month-long crisis and a gradual resumption of activity by July 2020. It expects agricultural production to contract by 6% with only […]
France’s flagship carrier Air France in a statement has said it will wrap up flights to the Saudi capital Riyadh from next end this month because of “economic performance”. “Air France has decided to suspend its direct flights to Riyadh, Saudi Arabia as of February 1, and continues the cooperation with Saudi Arabian Airlines on […]
King Mohammed VI and his guest King Abdallah II of Jordan inaugurated at the Mohammed VI Museum of Modern and Contemporary Art in Rabat the cultural and artistic event “Africa in Capital”, which celebrates African artistic creation. Africa in Capital, which runs until April 28, features a panoply of events including art exhibition, concerts, film […]
The turnover of the sector of information and communication technology (ICT) in Morocco jumped from € 750 million in 1999 to € 3 billion in 2013, revealed the National Agency of telecommunications Regulation (ANRT). The sector has thus become the biggest tax-payer in the country and grabs much of the foreign direct investments injected in […]