First Independent Mena Newspaper
Singaporean Minister of Foreign Affairs Vivian Balakrishnan on Monday commended Morocco for the “serious” and “credible” efforts it makes in the framework of the autonomy plan to resolve the Sahara issue. The Singaporean minister’s statement came during a joint press briefing with his Moroccan peer Nasser Bourita, after their talks in Rabat. The head of […]
Morocco’s second largest bank, BCP, is said to be planning to allow in a major Asian bank as stakeholder in a bid to diversify its portfolio to Asia, Bloomberg reported. “The sale, which could be enacted through a cash injection, is the linchpin of a five-year strategy starting in 2021 that the Casablanca-based lender plans […]
Morocco ranked 3rd in the 32nd International Olympiad Informatics (IOI 2020) held in Singapore online due to the Covid-19 pandemic September 13 through 19. The North African Kingdom took part in this international prestigious algorithmic competition with four students: Mohamed El Khatri; Nabil Boudraa; Amine Moutii, and Aymane Riad Essoulh. They gleaned 604.02 points to […]
Moroccan businessman Mohamed Horani, CEO of payment solutions company HPS, has been appointed Honorary Consul-General of Singapore government in Casablanca, with jurisdiction throughout Morocco. In his new task, Mr. Horani, 65, will support the work of Singapore’s Non-Resident Ambassador to Morocco, Mr. George Goh, says a statement released Sunday by Singapore’s ministry of foreign Affairs. […]
Citizens of 18 countries including Morocco, Tunisia and Algeria have been exempted from visa requirements to visit far-eastern part of Russia, reports say. The Russian Premier Dmitry Medvedev announced Russian authorities’ decision on Monday. “I recently approved the list countries whose nationals can benefit from the preferential treatments,” Medvedev said. The decision is taken in […]
Lockheed Martin Aeronautics Corporation struck a 16.3-million-dollar contract to upgrade Morocco’s F-16 fighter jets, the US defense department announced. The contract is part of a 55.6-million-dollar deal to upgrade Singaporean, Moroccan and Taiwanese F-16 aircraft, the same source said. Works under the Moroccan contract will be completed by June 9, 2019, the same source added. […]
The 2016 Economic Freedom of the World Report issued by the Canadian Fraser Institute pointed out to the plummeting economic freedom in Algeria, which ranked 151st among 159 surveyed countries. The report measures economic freedom including levels of personal choice, ability to enter markets, security of privately owned property and rule of law. It analyses […]
Marrakech-based Le Foundouk restaurant has been ranked among the 14 world’s best sky-high and rooftop restaurants by the American network channel CNN. It is now clear why world celebrities love to sprawl in the environment and goodies of the Moroccan marvellous city. CNN describes Le Foundouk as a charming terrace above Marrakech’s frenetic medina and […]
Casablanca Finance City has outstripped Johannesburg and Mauritius to become the leading financial center in Africa as it topped the continent’s ranking established by the Global Financial Centers Index (GFCI.) At the global level, CFC stands on the 33rd position of the ranking established by GFCI which ranks financial centers according to one main criteria: […]
Morocco has integrated the Regional Entrepreneurship Acceleration Program (REAP) designed by the Massachusetts Institute of Technology (MIT) as a capstone global initiative meant to help regions accelerate economic growth and job creation through innovation-driven entrepreneurship (IDE). Morocco is thus part of a short list that does not include more than six countries from all over […]