First Independent Mena Newspaper
The government of Brazil has praised Morocco’s serious and credible efforts engaged for the settlement of the Sahara issue within the framework of the autonomy plan presented by Rabat in 2007. This supportive stand comes in a joint statement released in Rabat following the talks held Friday between Brazil’s foreign minister Mauro Vieira and Moroccan […]
The $1.3 billion gigafactory to be built by EV battery maker Gotion High Tech will start production in 2026 and will export 85% of its output, Moroccan minister in charge of investment Mohcine Jazouli said. The Moroccan government and Sino-European Gotion High Tech signed an investment deal for the plant which will be located in […]
Morocco’s 2023 gross domestic product grew to $146 billion, after posting a more than expected growth rate at 3.4%, despite the impact of drought and inflation, the statistics agency, HCP, said. The performance came on the back of a growth in non-agricultural activity by 3.5% and a 1.4% growth in the farming sector, as lack […]
Morocco and the Chinese-European Gotion High-Tech Group, a leader in the field of electric vehicles, signed, on Thursday in Rabat, a strategic investment agreement worth 12.8 billion dirhams on the setting up of a comprehensive industrial ecosystem for the manufacturing of electric batteries in Kenitra. The investment agreement, signed at a ceremony chaired by Head […]
Germany has granted Morocco a €100 million loan to assist the Kingdom’s earthquake reconstruction program, alleviate the socio-economic burdens placed on the local population, and assist in managing the aftermath of the disaster that hit Morocco in September last year. The loan agreement was signed in Rabat on Wednesday by Minister in charge of Budget, […]
Morocco as an attractive investment destination was under the spotlights during the 10th edition of “The Africa Debate”, held Wednesday in London. The event, named “Morocco Investment Forum,” provided a platform to promote the wide range of opportunities Morocco is offering in different sectors, mainly renewables, telecommunication, and industry. The event focused on Morocco’s strategic […]
Tanger-Med is the fourth top-performing port in the world, according to the latest global Container Port Performance Index (CPPI). The Moroccan port is ahead of all European and African ports for the second consecutive year. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CPPI is based on the biggest […]
Morocco’s Central Bureau of Judicial Investigations (BCIJ) arrested this Thursday four supporters of the terrorist organization “Daesh” for their alleged involvement in preparing terrorist plans aimed at undermining public order. The Special Forces of the General Directorate of Territorial Surveillance (DGST) launched intervention and arrest procedures as part of separate and simultaneous operations targeting the […]
Morocco and Palestine signed, Wednesday in Rabat, a memorandum of understanding (MoU) to strengthen industrial cooperation between the two countries. The agreement aims to strengthen collaboration and mutual recognition of compliance certificates, quality marks and halal labels between Morocco and Palestine. Minister of Industry and Trade, Ryad Mezzour, who co-signed the MoU with his Palestinian […]
The Mohammed V Foundation for Solidarity launched this Wednesday the “Marhaba Operation” 2024 destined to facilitate the return home of Moroccans living abroad for their annual summer holidays. Some 1400 persons have been mobilized to ensure success to this annual operation to last until Sept.15. The Foundation’s executives, social workers, doctors, paramedical staff as well […]