First Independent Mena Newspaper
Moroccans can now pick Armani and Just Cavalli goods at Morocco Mall, Group AKSAL announced Tuesday as both Italian global fashion brands join list of other worldwide top brands selling in the North African country. Armani, according to the Moroccan leader in luxury sector, will inaugurate its shop on September 30. The Italian brand will […]
Morocco’s leading company in wiring systems and electrical equipment, Nexans Morocco, will invest around €12 million to set up a wire producing plant near Abidjan, Côte d’Ivoire. The plant to cover 30,000 square meters will be operational by 2018. The factory will produce electric wires to be used in residential constructions and office buildings, as […]
Morocco has made a major leap in developing aviation-related industries with the signing of a deal with Boeing to establish an industrial ecosystem offering conditions propitious for attracting component suppliers. The agreement was signed in the royal palace of Tangier by Moroccan trade and industry minister Moulay Hafid Elalamy and the chief executive of Boeing’s […]
Morocco’s foreign exchange reserves rose to cover 7 months and 14 days of imports by August up from 6 months and 11 days the same period last year, the Central bank, Bank Al Maghreb said. By the first week of September, Morocco’s foreign exchange reserves stood at 248.9 billion dirhams, that is a 17.7% increase […]
Morocco’s leading pharmaceutical firm Pharma 5 has received the go-ahead for the construction of a drug producing plant worth $10 million near Abidjan, in Cote d’Ivoire, reports say. The Agreement was initialed Saturday in Rabat by Moroccan ministers of Health and of industry and by Côte d’Ivoire’s health minister. Pharma 5, according to the agreement, […]
Spanish security services announced on Monday the arrest of two Moroccan nationals having links to the terror ISIS organization. According to a press release issued by the Spanish Interior Ministry, the two men, residing in the southern Spanish city of Murcia and the northern city of Valladolid, were planning to carry out an attack in […]
Morocco seems firmly resolved to reach the goal it set to cover more than half its energy needs by 2030 from renewables. In this vein, King Mohammed VI, who supervises the national program for the development of renewable energy, chaired on Monday in Tangier a working session devoted to the energy sector in general and […]
The success of Morocco’s counter terrorism strategy hinges on the comprehensive approach addressing the root causes of terrorism as well as the vigilance and proactiveness of security, Head of Morocco’s Central Bureau of Judicial Investigations (BCIJ) Abdelhak Khiame said. Speaking to French weekly, Le Journal du Dimanche, Khiame highlighted the results of Morocco’s anti-terrorism strategy, […]
The anti-smuggling operation that Morocco launched to clear the southernmost tip of the Saharan provinces of all sorts of illegal commercial activities had a geopolitical impact in terms of barring the road for Algeria and its allies in Nouakchott from creating a camp where they intended to dislocate some of the population held against their […]
Algeria has launched a new strategy called the “new economic growth model” aiming to diversify the economy and draw more investments to compensate for the collapse in oil prices. Yet, poor governance, insecurity, vested interests and regime opacity cast doubt on the success of the strategy. In an article on Foreign Policy, Robert Looney, describes […]