First Independent Mena Newspaper
Morocco’s Attijariwafa bank Group has officially taken over British Barclay’s Egypt branch, reports say. Attijariwafa bank Group, Morocco’s leading bank group, won the transaction after beating several global bank groups, among which Emirati NBD headquartered in Dubai. The transaction estimated at $400 million will enable the Moroccan financial institution to expand its already wide network […]
The all-female Islamic State group cell dismantled Monday was planning to stage attacks on October 7, during the legislative elections, head of the Central Bureau of Judicial Investigation (BCIJ), Abdelhak El Khayam told the media. The BCIJ, the judicial arm of the domestic intelligence service, saved the North African country from a carnage. “That operation […]
Moroccan authorities have busted an all-female terrorist cell pledging allegiance to the so-called Daesh, the interior ministry said on Monday. The operation led by Morocco’s Central Bureau of Judicial Investigations (BCIJ) resulted in the arrest of 10 young women, suspected of plotting suicide bombings across the country, the interior ministry said in a statement. The […]
Morocco has been ranked Africa’s fifth best performer in the Global Competitiveness Report issued by the Geneva-based World Economic Forum (WEF.) At the continental level, Morocco was advanced by Mauritius, South Africa, Rwanda and Botswana in the Index that examines the determinants of long-term growth in a total of 138 countries. Globally, Morocco gained two […]
A new page has been opened in relations between Morocco and Nigeria after a period of tensions marking the mandate of the former Nigerian President Jonathan Good luck, who sidelined with the Polisario’s separatist thesis. A message sent by King Mohammed VI of Morocco to Nigerian President Muhammadu Buhari on his country’s National Day shows […]
Morocco’s external debt reached 312.9 billion dirhams by June 2016 up from 301 billion dirhams by the end of 2015, Economy and Finance Ministry said in its latest statistics. Public institutions took 52.9% of Morocco’s total external debt, followed by the treasury with 46.8%, while banks and local collectivities accounted for the remaining 0.3% of […]
Egypt, Africa’s third most populous country, has expressed support for Morocco’s return to the African Union and said that the Kingdom can play a key role in addressing Africa’s major challenges, local Egyptian media reported. “Egypt backs the return of Morocco to the pan-African body,” the local press quoted an Egyptian diplomatic source within the […]
Morocco and Germany have agreed to step up bilateral cooperation in terms of speeding up the process of repatriation and stemming the flow of illegal immigrants. “Morocco and Germany are determined to strengthen their cooperation to find common solutions to deal with illegal migration”, Bundesrat President, Stanislaw Tillich, on Thursday told the Moroccan news agency, […]
Morocco’s Permanent Representative at the UN, Ambassador Omar Hilale, chaired in the UN’s headquarters in New York, a high-level meeting on the attenuation of chemical, biological, radiological and nuclear hazards in the fight against terrorism. The meeting aimed at raising the awareness of member states about the risks posed by chemical, biological, radiological and nuclear […]
German iron woman and Chancellor Angela Merkel would visit Morocco next year at the invitation of King Mohammed VI. The announcement came Thursday in a statement by the Royal Office, which stated that “Chancellor Angela Merkel accepted the sovereign’s invitation to pay an official visit to Morocco early 2017.” King Mohammed VI and the German […]