First Independent Mena Newspaper
In the wake of the terrorist attacks that shook Barcelona and Finland, several media outlets and self-proclaimed pundits took the easy way of putting the blame on Morocco, the country of origin of most of the radicalized youth, instead of lambasting the European laxism and intelligence failure. The desperate attempts at pushing the name of […]
The technology group Wärtsilä of Finland will supply a 22 MW baseload power plant to Morocco’s state utility (ONEE) under an engineering, procurement and construction (EPC) contract. The main evaluation criterion for the project was the levelized cost of energy (LCOE) during an operating period of 20 years. LCOE measures the operating period costs divided […]
Moroccan bank BMCE Bank of Africa and its leasing subsidiary Maghrebail received a €35 million loan granted by the European Bank for Reconstruction and Development (EBRD), Agence Française de Développement (AFD) and the European Investment Bank (EIB). The three financial institutions are teaming up to strengthen sustainable energy measures in Morocco, with the support of […]
The contribution of the tourism sector in Morocco’s GDP stood at 63.7 billion dirhams in 2015 compared to 61.9 billion dirhams in 2014, that is a 2.8% rise that brought the share of the sector in the overall GDP to 6.5%, the national statistics office (HCP) said. Prospects for growth in 2016 have been slightly […]
North Africa and Middle East countries will spend $11.4 billion on information technology products and services in 2015, says US firm Gartner Inc. in its forecast. The MENA countries IT spending includes purchase of internal services, software, information technologies services, data centers, devices and telecom services. According to the Gartner forecast, telecom services, which include […]
Morocco became Thursday the second North African country, after Tunisia, to introduce innovation into its development in 2015, ranking 78th out of 141 countries around the world. A report by World Intellectual Property Organisation, Cornell University and the European Institute Business Administration announced on Thursday that based on 2015 innovation index, Morocco has made tremendous […]
Morocco has integrated the Regional Entrepreneurship Acceleration Program (REAP) designed by the Massachusetts Institute of Technology (MIT) as a capstone global initiative meant to help regions accelerate economic growth and job creation through innovation-driven entrepreneurship (IDE). Morocco is thus part of a short list that does not include more than six countries from all over […]
European Union foreign ministers meeting in Brussels on Monday (20 January) agreed to dispatch a battalion-sized force counting up to 1,000 soldiers to Central African Republic (CAR) to help to stabilize the war-torn African country. Being effectively the EU’s first major army operation in six years, the intervention by the 28-nation bloc comes after UN […]