First Independent Mena Newspaper
Qatar Petroleum (QP) said it will lead exploration projects of oil and gas in Morocco and Cyprus as it seeks to compensate for sluggish growth at home by expanding its liquefied natural gas (LNG) assets abroad. “You will see us going internationally with some of the partners we have in Qatar, this year and next […]
As expected, Morocco’s Central Bank has finally given its green light to five Moroccan banks to set up Islamic banks – known locally as participative banking- and allowed three banks to sell Islamic products. The regulatory approvals concern the three major Moroccan banks Attijariwafa Bank, BMCE of Africa and Banque Centrale Populaire (BCP), and two […]
Morocco spent $6.2 billion on weapon deals from 2011 to 2015, said an annual Congressional study dubbed, “Conventional Arms Transfers to Developing Nations, 2008-2015, one of the most comprehensive assessments of global arms sales available in an unclassified form. The US continues to be the main arms supplier of Morocco over the same period with […]
As the next African summit scheduled in Addis Ababa (Ethiopia) in January 2017 draws closer, a summit during which Morocco is expected to rejoin the African Union, Algerian authorities are getting more and more nervous. They are already feeling the heat, knowing that they have no more room to play alone in the African court. […]
Tunisian authorities are on cloud nine as expectations for “Tunisia 2020” international forum seem to be met with 34 billion dinars investment including 15 billion dinars pledged through conventions. The two-day event was not like empty promises made in 2014. Youssef Chahed, country’s Prime Minister oversaw signings indicated Wednesday that Tunisia is back on the […]
Rached Ghannouchi and his party have been urged to reconcile Muammar Gaddafi’s loyalists and Islamists, London-based The New Arab reports. Ghannouchi according to Qatari media has been in contact with Libyan sides. A source in the Tunisian Islamist party told the media that Ghannouchi “had recently met with a delegation of acceptable Gaddafi-affiliated figures to […]
Over 2,000 delegates are expected to attend “Tunisia 2020” forum Tuesday dedicated to drum up investments to the North African country unable to fulfil hopes of millions of youth who spearheaded the 2011 democratic revolution. France and Qatar are the main backers of the initiative expected to the attract $30 billion to cover 142 projects. […]
Tunisia will be hosting an International Investment Conference in Tunis from Tuesday, seeking support and investors to revamp its ailing economy. According to Fadhel Abdelkefi, Minister of Development, Investment and International Cooperation, “the conference is an opportunity for the North African nation to present its major infrastructure projects to international investors in order to provide […]
Morocco thanked the eight Arab countries that showed respect for the principles of sovereignty and territorial integrity by withdrawing from the Arab-African Summit in which representatives of the separatist SADR entity were present, and on the same occasion deplores that Kuwait did not follow suit. This came in a statement released by Morocco’s foreign ministry […]
Nine Arab countries, including Morocco, have pulled out from the 4th Arab-African Summit in Malabo (Equatorial Guinea), in protest against the participation of the so-called self-proclaimed SADR in the event. The countries that withdrew from the summit in solidarity with Morocco are Saudi Arabia, United Arab Emirates, Bahrain, Qatar, Sultanate of Oman, Jordan, Yemen and […]