First Independent Mena Newspaper
Casablanca Finance City (CFC) and Chartered Institute for Securities & Investment (CISI) have signed on Monday a Memorandum of Understanding on the training of skilled professionals in financial services industry that will promote professionalism and professional standards in this industry in Morocco and throughout the region. The MoU also heralds the launch of two new […]
As changes continue to redesign the landscape in the Middle East-North Africa region and in Africa, Morocco’s longstanding, friendly relationships with these two regions open new avenues for U.S.-Morocco cooperation, all the more so as the two countries have a shared vision on a set of regional issues, ranging from economic development to stability, from […]
Maghreb, African, and European leaders met in Tangier during an event whose aim was to discuss the joint endeavor towards protection of the Sahel region. The meeting concluded that security in general, and specifically dealing with challenges coming from increasing instability across the region, is the most important issue. Therefore, all sides have agreed to […]
Over the past thirty years, the inhabitants of Moroccan Oriental province have enjoyed unlimited cross-border ‘trade’ in petrol with neighboring Algeria. All-purpose petrol smuggling has been thriving even though the border has been officially closed since 1994 due to the murder of two Spanish tourists, who were allegedly killed by Algerian extremists. The border crossing […]
In the days preceding the meeting to be held next Friday in the White House between President Barack Obama and Morocco’s King Mohammed VI, several influential legislators, diplomats, analysts and commentators have called on the U.S. president to seize the opportunity of this encounter to build on the USA’s historic alliance with Morocco. The Congressional […]
Morocco’s bakers have decided to halt the planned increase in bread prices following the pending talks with government. The Moroccan Federation of Bakers and Patissiers (FBPM) agreed that for now the prices of 10-30 centimeter loaves of bread are going to stay the same. The envisaged price increase should have concerned about 15,000 bakeries. According […]
In fiscal year 2013, the World Bank (WB) has supported 16 projects worth 2.1 billion USD, out of which 1.8 billion USD came from the International Bank for Reconstruction and Development (IBRD) and 249 million USD from the International Development Agency (IDA). 56.4 million USD were committed separately for the West Bank and Gaza. On […]
Morocco’s 2014 Finance Act is seeking to tackle the issue of prevalent high unemployment while still faced with unfavorable global economic conditions. Although about 140,000 new positions have been created in recent months, the unemployment rate in the country hovers around 8 percent, while the rate reaches almost 18 percent among graduates and about 20 […]
The diplomatic tussle between Algiers and Rabat is showing no signs of dying down after the Algerian foreign minister urged Moroccan authorities to be up to the task. Minister Ramtane Lamamra called on Morocco to act accordingly after a trespasser scaled the Algerian consulate walls in Casablanca and tore its flag. Morocco and Algeria are […]
Morocco has renewed determination to foster cooperation and partnership with African countries and to help fulfill the aspirations of African peoples to development and stability. “Out of faithfulness to its African belonging, Morocco has sought since independence to promote a fruitful cooperation and active solidarity with those (African) countries, and to contribute to the fulfilment […]