First Independent Mena Newspaper
The World Health Organization called on African states to do more tests to better deal with a peak in infections expected in the upcoming weeks. The number of infections in the continent has already doubled and some countries “may face a huge peak very soon,” Michel Yao, the WHO Africa program manager for emergency response, […]
Several operators in the Moroccan industrial fabric are swiftly adapting to manufacture anti-coronavirus equipment including ventilators, an artificial breathing device in high demand. A group of aeronautics enterprises as well as researchers and doctors and electronic engineers cooperated to produce a first prototype last month that will serve as a basis to improve a more […]
Doctors, nurses and other medical staff who treat coronavirus patients will be paid for the risk they are exposed to, a health ministry source told Moroccan media. The ministry has confirmed to different health system unions that they will pay the family of the doctor who lost her life due to a coronavirus infection as […]
The EBRD, together with the European Union (EU), is stepping up efforts to support small and medium-sized enterprises managed and owned by businesswomen in Morocco, amidst the coronavirus pandemic, considering that women entrepreneurs are expected to be disproportionately affected by the crisis as their firms tend to be concentrated in certain sectors. The EBRD is […]
The decisions spurred by King Mohammed VI have so far put Morocco in control of the spread of the coronavirus in the country giving the health system time to adapt its resources and the government leeway in taking necessary measures to mitigate the social and economic repercussions of the pandemic. A picture published by the […]
Morocco’s gross domestic product is set to recede in the second quarter by 1.8% as the coronavirus and the measures relating to it halted most of services and hit sectors that are vital to foreign currency revenues, the high commission for planning HCP said. The economy is expected to grow only by 1.1% in the […]
King Mohammed VI gave instructions to the Ministry of Endowments and Islamic Affairs to exempt from rent the tenants of endowment premises intended for trade, business, services or housing, during the period of confinement because of COVID-19. King Mohammed VI, Commander of the Faithful and Supreme Nadher of the Waqfs, decided to exempt from […]
Qatar will send two field hospitals to Italy, the world’s hardest hit country by the novel coronavirus outbreak, joining thus a string of countries, including China, Cuba and Turkey that have been helping Italy to address the outbreak. The medical aid will support the European country in its efforts to combat the coronavirus epidemic, Qatari […]
Algeria’s central bank Tuesday issued a stimulus package including ability for retail lenders to defer loan payments for firms, which have been financially affected by the coronavirus crisis. Banks will continue to finance customers benefiting from loan payment deferrals, while reducing their minimum liquidity requirement to raise funding levels. The North African country has been […]
Morocco is about to tap into a $3 billion precautionary liquidity line, offered by the IMF in 2018 to help the country face external shocks, Moroccan media reported. The Moroccan government removed the limit on foreign debt on Monday in order to meet its financing needs amid a rise in expenditures and a drop in […]