First Independent Mena Newspaper
Japan announced it will invest $30 billion in support of Africa’s economic growth and infrastructure over the next three years. The pledge was made by Japan’s Prime Minister Shinzo Abe at the Japan-Africa economic summit in Nairobi, as Tokyo competes for influence in the continent with the U.S., China and former European colonial powers such […]
Tunisian authorities are mulling plans to attract more Chinese companies and to that end, the state will create a free trade zone at Tabarka, a coastal city in northwestern Tunisia, Trade Minister Mohsen Hassen told the media on Wednesday. The free zone to pop up soon will be solely created for the Chinese companies targeting […]
Morocco’s Attijariwafa Bank was Wednesday named best Moroccan bank by Euromoney for Excellence 2016 awards organised by leading Euromoney Institutional Investor based in London. Awards for Excellence are the most prestigious awards in global banking, which recognizes 20 global leading banks in various categories including world’s best bank, world’s best bank for financing, and world’s […]
Morocco’s main tourist cities of Marrakech and Agadir saw French tourists’ reservation drop significantly in the aftermath of the Nice terrorist attack which left 84 dead on July 14. According to figures released by the French Travel Agencies’ Union, reservations by French tourists fell by 38% in Marrakech and Agadir since the attack took place, […]
Chinese carmaker Yang Tze will establish a factory to produce electrical cars and busses near Tangier for a total investment of 1 billion dirhams ($101.6 million.) This was announced by the Chinese group’s CEO Wu Tian CAI following a meeting in Tangier with the President of the Tangier-Tetuan- Alhuceima region, Ilyas EL Omari. The new […]
Morocco’s tourism shows resilience with expectations to grow by 2% this year, despite unwarranted fears created by confusions over the turmoil that is plaguing several countries in the region, said the Moroccan tourism Minister, Lahcen Haddad. The Minister, who was speaking to Jeune Afrique Magazine, noted that instability in the region has slightly taken a […]
The Kingdom of Morocco will launch production of its locally made electric buses next year, Head of the country’s Energy investment Company (SIE,) a key actor in the project, reveals. The project falls into the Kingdom’s promotion of the transports facility policy, says Ahmed Baroudi. “The industrial project aims at producing last generation of (Ultra-Light) […]
The Moroccan Attijariwafa Bank Wednesday received international accolades as it was named top 2016 African Bank by peers at a ceremony in Lusaka, Zambia. More than 500 dignitaries made of business people and political figures from 24 countries acknowledged the work of the Moroccan institution, which is also ranked as the country’s leading bank. The […]
South Korea’s Ban Ki-moon, the outgoing Secretary General of the United Nations, has been described by the Economist as “the dullest—and among the worst” UN chiefs that preceded him. In a recent story on the job of UN Secretary General, described as “something of a poisoned chalice” and on the candidates to the UN helm, […]
By Sabah Lebbar On Wednesday, Morocco and China signed a joint statement establishing a strategic partnership between the two countries. Under the joint statement, the two countries vowed to deepen cooperation in areas including petroleum, mining industry, agriculture, environmental protection, ocean fisheries, infrastructure construction and digital communication. They also pledged to expand cooperation in renewable […]