First Independent Mena Newspaper
The European Bank for Reconstruction & Development (EBRD), backed by the EU, will launch its Women’s Business Program in Morocco Sept.18. This initiative encourages women entrepreneurship for inclusive growth and supports women entrepreneurs looking for adequate access to finance and business training. EBRD works with women-led small and medium-sized enterprises (SMEs) to help promote women’s […]
The European Commission has once again stressed the importance of cooperation with Morocco in the areas of migration and security. “The European Union and Morocco are in regular contact to strengthen their cooperation on migration and security,” said EU Commissioner for Migration Dimitris Avramopoulos, in response to a question on Europe’s border security European posed […]
Moroccan Foreign Minister Nasser Bourita on Friday summoned the Dutch Ambassador to Rabat to protest against the remarks made the previous day by Foreign Minister Stef Blok, deemed as a direct interference in Morocco’s internal affairs. Bourita made it clear to the Dutch ambassador that Morocco “rejects categorically and vigorously the Dutch Foreign Minister’s statement […]
Will Morocco start marketing its gas in two years? The answer is yes, according to local daily l’Economiste, which states that the potential is huge as forecasts put the volume at 60 million cubic feet per day over a minimum period of 10 years. Morocco’s gas potential is so important that it will soon be […]
Morocco cannot accept that its territories serve as a safe haven for human trafficking networks and refuses to play the role of the region’s policeman, Spokesperson for the Government, Mustapha El Khalfi, said Thursday in Rabat. Mustapha El Khalfi was adamant on this issue, during the press briefing given at the end of the Cabinet […]
BMCE Bank of Africa has signed a partnership agreement with China-Africa Business Council to support and facilitate the task of Chinese investors in Morocco and more broadly throughout Africa. The agreement was initialed on the sidelines of the just concluded China-Africa Summit held in Beijing (September 3-4) and the China-Africa Cooperation Forum in the private […]
Morocco has opted for the promotion of the manufacturing and use of generic drugs to expand health coverage from 63 pc to 90 pc by 2021 as the local pharmaceutical production enables the country to meet currently 60 of its needs. To prepare the legal grounds for this undertaking, a draft decree has already been […]
Morocco will launch next year Islamic Insurance (Takaful) after introducing in 2017 Islamic banking services, which are thriving in the Middle-East, Africa, Asia and some western countries, say local insurance experts. In July 2017, the Moroccan Government Council adopted a draft decree paving the way for implementation of the Takaful Law. Unlike the banking sector, […]
The European Bank for Reconstruction and Development (EBRD) announced Friday a €16 million loan to Varroc Lighting Systems Morocco, the Moroccan subsidiary of the Indian motor industry’s lighting systems giant, Varroc Engineering Pvt Ltd. The loan will allow Varroc Engineering to supply the Tangier Renault factory and the Peugeot PSA plant in Kenitra, as well […]
Moroccan security services announced on Thursday the arrest of three ISIS members who were operating in the cities of Tetouan (North) and Agadir (South). The arrest of the three individuals, aged between 25 and 26, was made by the special units of the central bureau of judicial investigation (BCIJ), dubbed Morocco’s FBI, said the Moroccan […]