Latest news with #HamidChabar
Ya Biladi
14-05-2025
- Politics
- Ya Biladi
Mauritanian Interior Minister meets with Moroccan and Algerian ambassadors
Mauritania's Minister of the Interior, in charge of decentralization and local development, Mohamed Ahmed Mohamed Lemine, held separate meetings on Tuesday, May 13, with the ambassadors of Morocco and Algeria. During his meeting with Hamid Chabar, Morocco's ambassador to Nouakchott, the discussions focused on «strengthening bilateral cooperation between the two countries and exploring ways to develop it in the service of shared interests», according to a statement from the Mauritanian Interior Ministry. The meeting comes just eight days after the visit to Morocco by Yacoub Salem Vall, Mauritania's Minister Delegate for the Interior in charge of decentralization and local development. In Rabat, Vall was received by Morocco's Minister of the Interior, Abdelouafi Laftit. The two officials exchanged views on Morocco's experience in advanced regionalization and decentralization, while exploring opportunities to deepen bilateral cooperation in this strategic field. Last week, Nouakchott also hosted the first edition of the Morocco-Mauritania Parliamentary Economic Forum. On the same day, Minister Mohamed Lemine also met with Algerian ambassador Amin Abderrahmane Saïd-Abdessameud. According to the ministry, this meeting also focused on «strengthening bilateral cooperation between the two countries and exploring ways to develop it in the service of shared interests». Aside from minor differences in names, the official statements summarizing the two meetings were nearly identical.
Morocco World
18-04-2025
- Business
- Morocco World
Morocco to Help Mauritania Create Nouakchott Stock Exchange
Doha – Morocco and Mauritania have sealed a breakthrough deal in their economic cooperation with the signing of a protocol agreement to establish the Nouakchott Stock Exchange. This move symbolizes a new stage in the rapprochement between Rabat and its southern neighbor. The agreement was formalized on Thursday between the Central Bank of Mauritania (BCM) and the Casablanca Stock Exchange. It was ratified in the presence of Hamid Chabar, Ambassador of Morocco to Mauritania. The initiative comes as a culmination of efforts following the meeting between King Mohammed VI and President Mohamed Ould El-Ghazouani last December. This agreement advances South-South cooperation that aims to modernize Mauritania's financial market. 'The signing of this protocol with the Casablanca Stock Exchange represents a decisive step forward in our ambition to provide Mauritania with a modern, transparent, and inclusive financial market,' said Mohamed-Lemine Dhehby, Governor of the Central Bank of Mauritania. The agreement focuses on three main pillars: creating an inclusive and modern stock market in Mauritania, developing local expertise through targeted training programs, and promoting South-South partnership based on sharing best practices. Read also: Morocco, Mauritania Sign Historic Electric Grid Interconnection Agreement With nearly a century of experience, the Casablanca Stock Exchange will provide technical, operational, and strategic support to the Mauritanian counterpart. The assistance will cover market architecture, quotation systems, regulations, and supervision mechanisms. 'A stock exchange is much more than just a financing tool: it's an infrastructure of trust, a financial acceleration engine, and a lever for economic transformation and influence,' stated Tarik Senhaji, Director General of the Casablanca Stock Exchange. At the heart of the partnership lies a shared ambition to broaden Mauritania's economic base, draw in international capital, and extend financial services to underserved populations. The stock exchange project seeks to structure a modern market connected to international standards, capable of supporting local businesses and mobilizing national savings. According to Dhehby, this strategic cooperation translates the commitment to build a solid financial ecosystem capable of channeling national savings toward productive investment and attracting international capital. The ultimate goal is to position Mauritania as a credible player in the regional financial scene. The Moroccan-Mauritanian relations 'are going through their best period' in recent years, according to statements from the Mauritanian FM, Mohamed Salem Ould Merzoug. Both parties said the agreement signals their intent to deepen cooperation and advance shared goals for economic development in Mauritania and the wider region. The initiative is expected to support the development of Mauritania's financial market while promoting broader regional economic integration by fostering stronger links between African economies. Tags: Casablanca stock exchangeMorocco Mauritania Relations
Ya Biladi
16-03-2025
- Politics
- Ya Biladi
Moroccan Ambassador engages with Mauritanian media authority
DR Moroccan Ambassador to Mauritania, Hamid Chabar, recently met with Mohamed Abdullah Lahbib, president of the High Authority for Press and Audiovisual (HAPA), a Mauritanian government institution. According to an official source cited by Anbaa, their discussions focused on «the challenges and opportunities facing the media in the digital age, as well as ways to strengthen the partnership between the regulatory bodies of the two brotherly countries». They also explored prospects for diversifying and expanding collaboration in areas such as oversight, regulation, and training. This meeting aligns with Morocco and Mauritania's commitment to deepening bilateral relations, as reaffirmed during the December 20, 2024, meeting in Casablanca between King Mohammed VI and President Ould El Ghazouani, where both leaders agreed to accelerate the implementation of previously signed agreements. Notably, a partnership agreement was signed on January 17, 2024, in Nouakchott between Mauritania's High Authority for Press and Audiovisual and Morocco's High Authority for Audiovisual Communication.
