First Independent Mena Newspaper
Moroccan security services have captured lately three people belonging to a militant cell having ties with the terrorist Islamic State group. The cell, which includes a woman who appears to be the first female suicide bomber, is the second of its kind to be dismantled in the North African country after the Paris attacks of […]
King Mohammed VI of Morocco, one of US major ally in North Africa, condemned Wednesday the terrorist Isis attack that rocked the Tunisian capital, claiming the lives of 13 innocent people. Following the despicable terrorist attack that targeted Tuesday a bus of the presidential guard in Tunis, the Moroccan monarch rang President Beji Caid Essebsi […]
Morocco will have its first Islamic bank next year, according to a statement made lately in Kuwait by governor by the central bank of the North African country Abdellatif Jouahri. Morocco will become thus the latest Muslim-majority country to develop a regulatory framework specific to Islamic finance after the parliament approved last year a bill […]
Morocco, which will host the 22nd Conference of the Parties to the UN Framework Convention on Climate Change (COP22) next year, has adopted a major green move translating its attachment to the protection of the environment. Six years ago, the North African country banned black plastic bags. Now the Moroccan House of Representatives (Parliament) has […]
The international Labour Organisation warned of the unprecedented departure of young North African talents and skilful manpower towards European countries due to high unemployment rate and lack of incentives to retain the qualified manpower. In a recent report titled “Brain drain or movement of skills? A vision of the Maghreb” the International Labour Organisation (ILO) […]
Morocco has unveiled several landmark socioeconomic development projects to be carried out in the southern provinces (Western Sahara) of the North African country, US major ally in the region. These projects, announced in Laâyoune on the occasion of the historic visit King Mohammed VI is paying to the region, will benefit Sakia El Hamra Laâyoune, […]
The European Bank for Reconstruction & Development has stepped up its financial support to Morocco’s public and private institutions in a bid to boost the North African country’s economic growth. The European Bank has increased its support to Morocco’s renewable energy sector with a loan of up to € 35 million to the Office National […]
The World Bank Doing Business 2016 report categorizes Algeria among countries “hostile’’ to investment, placing the country at the 163rd rank out of 189 countries, with Singapore topping the rankings. Despite a myriad of efforts to stimulate economic revival following a plunge of the country’s economy due to the collapse of oil prices, Algeria is […]
Algeria trade deficit widened to $10.33 billion during the first nine months of 2015, against a $4.09 billion surplus a year earlier, after a sharp fall in energy earnings caused by global drop in crude oil prices. The new figures confirm the deteriorating economic situation in the North African country, member of the OPEC cartel. […]
After rejecting the UN-proposed peace deal, the Libyan Internationally recognized House of Representatives (HoR) has embarked on a diplomatic seduction to win support for its stance. President of HoR, Ageela Saleh, was in Cairo on Tuesday in an attempt to seek Cairo’s support after lawmakers in the Libyan Parliament largely rejected the UN-proposed peace deal. […]