First Independent Mena Newspaper
Morocco’s phosphate giant OCP Group achieved exceptional financial performance in 2024, recording revenue of 96.99 billion dirhams and net profits surging 46% to 20.9 billion dirhams, marking the company’s second-best year in history while accelerating its green transformation initiatives. The state-owned company, which controls over 70% of global phosphate rock reserves and holds 31% market […]
Bank Al Maghrib, Morocco’s central Bank has teamed up with the World Bank to promote the use of digital money transfer services for the benefit of the inhabitants in rural zones. The two financial institutions have launched the «Douar Tour» initiative which seeks to inform rural populations about the various financial services available for money […]
Morocco’s state-owned phosphates company (known by its French acronym OCP) will invest 2 billion dirhams in a water desalination plant in the Atlantic city of El Jadida. Part of the OCP’s environmental strategy, the new plant will have a capacity of 75 million cubic meters per year as of 2020, its projected date of completion, […]
Moroccan authorities have announced the arrest during the few past days of another six members of the terror Islamic cell they dismantled September 12th, showing the Kingdom’s tireless efforts and firm determination to combat terrorism. According to Central Bureau of Judicial Investigation (BCIJ), an FBI-like Bureau of Investigations, the criminal involvement of the newly captured […]