First Independent Mena Newspaper
Morocco’s long-awaited housing program for the middle class is about to be launched. The country’s housing minister, Nabil Benabdallah, announce that the new program wouuld give thousands of Moroccan families an access to affordable and decent housing. The official plan is to build about 20,000 houses by the end of 2016, and the government has […]
For the first time in Morocco’s history, a woman has been appointed earlier this month Wali (senior prefect) of the north-western region of Gharb -Chrarda- Beni Hssen. The appointment of Zineb El Adaoui to the position, the only woman out of the 15 appointed Walis, is considered a milestone in a process initiated over a […]
The Moroccan government took the first steps towards the adoption of a draft law on the establishment of Islamic banking in the country. This comes as a result of the cabinet’s plan to attract certain segments of foreign direct investment. In the opinion of the budget committee represented by minister-delegate Driss Azami, Morocco can significantly […]
Houcine Rahmouni, Deputy General Manager of the Islamic Centre for Development of Trade has highlighted the significance of Libya becoming a member of the World Trade Organization (WTO). The call was made at the ongoing Economic Diversification conference being held in Tripoli. He said the government needs to join the organization to turn the “inexistent” […]
Because of the mounting security situation in the region of Sahel, closer cooperation and integration in Maghreb is needed. According to the final concluding remarks of the 11th Morocco-EU Association Council, the EU28 stressed the salience of tight cooperation between the MENA and Sahel-Sahara region. The effort of closer collaboration between Sahel and Maghreb was […]
Morocco seems to be fulfilling the promise it made to its citizens about two years ago – it has just embarked on a long journey of fighting youth joblessness. The youth unemployment rate has been for quite some time reaching staggering levels – more than 20 percent for men and almost 40 percent for women […]
The inter-governmental Middle East and North Africa Financial Action Task Force (MENA-FATF) removed Morocco from the list of countries that need a follow-up process on the concerns of money laundering and financing terrorism. Rabat celebrates, as the country’s endeavor to fight fraud and dubious financing is witnessing first results. Morocco has been also removed from […]
Two years after the promise of the government to fight unemployment, the “Moubadara” project has been launched. The project opens opportunities for long-term jobless graduates to be employed in non-governmental sector or in the TAETIR mentoring program, both of which will start operating as of 2014. Part of the effort is also the expansion of […]
Casablanca Finance City (CFC) and Chartered Institute for Securities & Investment (CISI) have signed on Monday a Memorandum of Understanding on the training of skilled professionals in financial services industry that will promote professionalism and professional standards in this industry in Morocco and throughout the region. The MoU also heralds the launch of two new […]
The diplomatic tussle between Algiers and Rabat is showing no signs of dying down after the Algerian foreign minister urged Moroccan authorities to be up to the task. Minister Ramtane Lamamra called on Morocco to act accordingly after a trespasser scaled the Algerian consulate walls in Casablanca and tore its flag. Morocco and Algeria are […]