First Independent Mena Newspaper
Moroccan aeronautic industry is growing rapidly thanks to incentives granted to investors, proximity to Europe, low labor costs, stability and political will to make this sector a driving force of economic growth and development. This highly Moroccan competitive sector continues to attract foreign investment and gain trust of giant manufacturers such as American Boeing which […]
Morocco’s central bank will start very soon granting permits to Islamic banks due to start operations in the North African Kingdom in 2017. So far several applications have been submitted to the Moroccan financial authorities for approval to open local branches. Among the applicants, two are from the Gulf region bidding to set up their […]
Moroccan security services have dismantled another terror cell linked to the Islamic extremist group Isis. The six-member cell was active in the northern cities of Tetouan and Martil as well as in Casablanca, the biggest city in the North African Kingdom, an ally of the West. According to a press release issued Thursday by the […]
Moroccan government on Monday cut its economic growth forecast for this year to less than 2 percent from 3 percent, as the North African kingdom experiences its worst drought in three decades. Morocco’s economy grew 4.7 percent year-on-year in the fourth quarter of 2015, up from 2.2 percent in the similar 2014 period thanks to […]
Morocco, which backs humanitarian actions around the world despite its limited resources, has attended the World Humanitarian Summit held in Istanbul, Turkey this May 23-24. King Mohammed VI was represented at the summit opening by his younger brother Prince Moulay Rachid. The Summit aims at raising funds for humanitarian aid and reviewing ways to improve […]
Moroccans of all walks of life and political obedience commemorate this Monday in unity, harmony and patriotism the terror attacks that rocked the city of Casablanca on May 16, 2003. The attacks were the deadliest terrorist attacks in the history of the North African Kingdom. 45 people were killed as a result of these horrible […]
Real Estate Group Green Valley of the United Arab Emirates has announced plans to invest over $31 million to enhance its presence in thriving Morocco. According to Ali Al Salami, General Director of the UAE group, which has already projects in the North African Kingdom, Morocco’s stability and its strong friendship ties with Emirati leaders […]
After Morocco announced on Thursday its decision to suspend all contact with European institutions following a judicial ruling invalidating the agriculture agreement binding the two sides, the EU High Representative for Foreign Affairs, Federica Mogherini, voiced the European Union’s willingness to address the concerns of the North African kingdom so that the cooperation can be […]
Morocco has been a beacon of stability in a region beset with strife, said NATO Deputy Secretary General Alexander Vershbow during his trip to the country last week. The North African Kingdom has gone further than most to thwart the chaos and violence that seized so many countries in North Africa and the Middle East, […]
Algerian newspaper “El Khabar” hailed on Thursday the “spectacular growth” and development achieved by rival neighboring Morocco, a country which has “neither oil nor gas.” “Morocco has undoubtedly laid the foundations for an economic takeoff similar to that of Turkey, 20 years ago,” said the daily recalling the partnership agreements negotiated by Morocco with the […]