First Independent Mena Newspaper
The London-based energy company SDX said it has started gas production in Morocco after receiving government’s approval. SDX well is located in the Gharb region not far from Kenitra, where there is an industrial zone including automotive plants that need gas for industrial operations. Morocco considers gas a transition energy to cut its carbon footprint […]
President of The Gambia, Adama Barrow, has addressed to King Mohammed VI a written message, whose contents were not disclosed. The message was handed over by Gambian Foreign Minister Mamadou Tangara to his Moroccan peer at a meeting held Monday in Rabat. In a statement to the media following the meeting, Tangara described bilateral relations […]
The Moroccan government agreed to a 1000 dirham pay rise for civil servants and hiked by 10% the minimum wage for workers in the private and farming sectors. This came following a new round of dialogue with the main labor unions in the country. The pay raise will take place in two stages this year […]
Various aspects of cooperation between the North Atlantic Treaty Organization (NATO) and Morocco were discussed in Rabat this Monday at a meeting between Chair of NATO Military Committee, Admiral Rob Bauer, who is paying a visit to the Kingdom April 28-30, and Minister in charge of the National Defense Administration, Abdeltif Loudyi. The meeting, attended […]
Morocco has been chosen by the Confederation of African Football as the new host country of the Headquarters of the African Club Association (ACA) in recognition of the key role played by the Kingdom for the development of football in the African continent. The decision was disclosed by one of ACA Board members, who said […]
The Moroccan government and major labor unions are discussing a 10% wage hike for the minimum salary in the private sector employees and a 1000-dirham raise for civil servants, Miloud Mokharik head of UMT union said. The salary hikes would take place in two stages this and next year, Mokharik told L’economiste daily. Negotiations also […]
The Non-Aligned Movement (NAM) has commended, before the UN Security Council, the efforts of King Mohammed VI, President of Al-Quds Committee, in favor of the Palestinian cause. This came in a statement by the Permanent Delegation of Uganda to the United Nations, as Chair of the Coordinating Bureau of NAM, during an open debate organized […]
French finance minister Bruno Le Maire said his country is ready to finance the 3MW power cable linking Dakhla in Morocco’s Sahara to Casablanca. The project was conducive to reducing the cost of energy, said Le Maire in his opening remarks at the Moroccan-French business forum. The statement confirms Paris recognizes fully Morocco’s economic sovereignty […]
Morocco’s sustainable energy agency MASEN launched a tender for a 400 MW wind project, dubbed Nassim Nord, in the country’s north, as the Kingdom seeks to bolster the share of renewable energy in its mix. MASEN asked to submit bids before June 24 covering finance, construction, and operation of the wind project. The project includes […]
Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]