First Independent Mena Newspaper
The General Secretariat of the Union of Arab Banks released a study underscoring the resilience of the Moroccan banking sector, which remains insulated from external risks that could affect its performance. The Beirut-based Union added that the Banking sectors of Morocco, Jordan, Lebanon, Palestine and Sudan show high resilience thanks notably to political conditions. The […]
Russia has called on the UN to give Libya’s strongman Khalifa Haftar, who is in conflict with the UN-recognized government in Tripoli, a larger say in resolving the conflict in the country. “We believe that the Libyans have to find a compromise on Haftar’s participation in the new Libyan leadership,” Russian Deputy Foreign Minister Gennady […]
The U.S. Department of Defense approved the sale of TOW 2A missiles to Morocco for a total cost of $108 million. The deal was cleared by the department’s Defense Security Cooperation Agency to sell Morocco the TOW anti-tank missiles as part of the Kingdom’s modernization of its ground forces with the acquisition of cutting-edge armament. […]
President al-Sisi of Egypt has confirmed that his government has been providing support to the Libyan National Army (LNA) under the command of Field Marshall Khalifa Haftar. The Egyptian president stated that “it is our country’s priority to back up national armies, for example in Libya, to assert control over Libyan territories and deal with […]
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 […]
Many political analysts are wondering whether there is currently a Saudi mediation to heal relations between Algeria and its neighboring Morocco as top Algerian officials have softened up lately their anti-Moroccan rhetoric prior a visit to Riyadh by Algerian Premier Abdelmalek Sellal. Morocco is one of the strategic partners of the Arab rich Gulf monarchies, […]
Libyan National Army (LNA) forces, led by military veteran Khalifa Haftar, Sunday pushed back attempts by the Petroleum Facilities Guard (PFG) to re-take two oil ports that they had lost several days ago, reports say. LNA released pictures of destroyed vehicles, claiming they belong to the PFG, Libya Herald reports. PFG, commanded by Ibrahim Jadhran, […]
The United Arab Emirates has pledged to extend all support possible, including financial support, to Morocco to ensure a successful organization of the COP22 in Marrakech. The pledge was made by visiting UAE Minister for Climate Change and Environment, Hani Ben Ahmad Al Zeyoudi, during talks he held in Rabat with Foreign Minister and President […]
A senior official in the Libyan army has confirmed the presence of troops from more than one Western country but minimized their role in the fight against the Islamic State. Air Force commander Saqr Geroushi said around 20 foreign troops from France, UK and the US are at the Benina air base in Benghazi “monitoring […]
Amid bleak growth prospects in the MENA region on the backdrop of tightening fiscal policies in response to low oil prices, Morocco stands out with forecasts to post favorable growth prospects on the medium-term, Capital Economics’ Q2 2016 Middle East Outlook report said. “And Morocco’s economy, whose medium-term prospects are the brightest in the region, […]