First Independent Mena Newspaper
Investments in oil and gas explorations onshore and offshore Morocco since 2015 have totaled $2.8 billion (25 billion dirhams), 96% of which was paid by partners of the Moroccan hydrocarbons and mining office. Speaking at a meeting of the board of directors of the office, the Moroccan government chief said that the increasing oil and […]
As it seeks to diversify its tourist emitting markets, Morocco sees enormous opportunities in the Chinese market, which has 130 million tourists traveling abroad annually and spending generously. Morocco has therefore taken a series of incentives to attract 500,000 Chinese tourists by 2020 up from 10,000 in 2015. Soon after the visa exemption decision was […]
With 10 million tourists in 2016, Morocco is progressing steadily towards the goal of becoming one of the world’s 20 largest tourist markets, Research and Markets said in a recent report. The report, dubbed “Destination Market Insights: Morocco – Analysis of source markets, infrastructure and attractions, risks and opportunities”, highlights Morocco’s tourist potential and its […]
The setbacks suffered by IS in the Syrian and Iraqi fronts are pushing thousands of foreign fighters to return to their home-countries where they pose a serious risk to stability and security. Morocco is one of the countries with a significant number of foreign fighters in the Middle East whose return puts authorities on high […]
FDIs attracted by Morocco rose by 15.4% in 2017 to stand at 24.4 billion dirhams ($2.4 billion) compared to 21.2 billion in 2016, Morocco’s foreign exchange regulator, Office des Changes said. In a recent report, the office noted that remittances by Moroccans living abroad increased 4.5% to hit 65.4 billion dirhams in 2017. The Office […]
The World Food Program has expressed its full support to the Moroccan national school meals Program, vital component of the Vision 2030 education reform and the National Nutrition Strategy 2011-2019. Under the Morocco Transitional Interim Country Strategic Plan (TICSP), the UN agency has pledged to provide technical support to the Ministry of National Education in […]
The first results of the feasibility study on the undersea power grid linking Morocco and Portugal are so far promising. The inter-continental electricity link, expected to be operational by 2020, can be achieved for a total cost of €700 million. The results of the study will be fully unveiled in two or three months, said […]
Morocco’s counterterrorism agency, the Central Bureau of Judicial Investigation (BCIJ), dismantled a terror cell made up of seven extremists loyal to IS group. The IS members were arrested in the cities of Tangier and Meknes, the Interior ministry said in a statement. Initial investigations reveal that the cell members were plotting to join a branch […]
The recent death of three Moroccan women in a stampede at the Ceuta border crossing, has cast light on an unsustainable situation in the Spanish-occupied city in northern Morocco. From smuggling to illegal immigration and extremism, the northern city -called Sebta by Moroccans- has become a tinder box waiting to explode with the issue of […]
Morocco was listed among the top three most promising markets for the automotive industry, said Spanish insurance company “Crédito y Caucion” in a recent study. Morocco was ranked along with the Czech Republic and Vietnam as most performing emerging automotive industry markets, offering attracting investment opportunities to carmakers in 2018. “Morocco succeeded in few years […]