First Independent Mena Newspaper
Morocco echoed a growing coalition of African nations at the United Nations General Assembly this week, calling for a more equitable global order and stronger African representation in international decision-making. Prime Minister Aziz Akhannouch, speaking on behalf of Morocco, emphasized that Africa is central to King Mohammed VI’s foreign policy vision, describing the continent as […]
Banking deposits in Morocco have experienced consistent growth over the past decade, reaching 1.271 trillion dirhams ($120 billion) in 2024 compared to 740 billion dirhams in 2014, representing a remarkable 72% increase. Bank Al-Maghrib monetary statistics confirm this robust upward trajectory, with deposits surpassing the one trillion-dirham milestone in 2020. The growth pattern demonstrates strong […]
Morocco’s exports to the European Union are unlikely to face significant disruption in the short term following the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM), according to the country’s Economic, Social and Environmental Council (CESE). The CBAM, which comes into force on January 1, 2026, is designed to equalize the carbon cost of […]
Morocco’s King Mohammed VI launched a series of major rail infrastructure projects in Casablanca, part of a broader national mobility plan valued at 96 billion dirhams ($9.3 billion). The new initiatives, worth 20 billion dirhams, aim to improve urban and regional connectivity across the Casablanca metropolitan area and support Morocco’s long-term sustainable development goals. The […]
Morocco’s central bank will begin implementing inflation targeting in January 2027, marking a major shift in its monetary policy framework, while maintaining its current exchange rate regime for the time being, Bank Al-Maghrib Governor Abdellatif Jouahri said. Speaking after the bank’s quarterly board meeting in Rabat Monday, Jouahri said the Moroccan economy is not yet […]
Moroccan foreign Nasser Bourita met on Tuesday in New York with Spanish peer José Manuel Albares on the sidelines of the 80th session of the UN General Assembly. The meeting, which focused on topics of common interests on the regional and international scene, confirms the strong cooperation ties and strategic partnership existing between the two […]
Morocco possesses competitive renewable energy potential sufficient to provide 50% of European Union electricity consumption, Industry and Commerce Minister Ryad Mezzour said in an interview with Italian La Verità publication. The kingdom’s solar and wind energy capabilities, including onshore and offshore resources, can mobilize approximately 1,600-1,700 TWh from Europe’s total 3,000 TWh consumption at competitive […]
The Autonomy Plan offered by Morocco for the Sahara under its sovereignty is the ONLY realistic and feasible solution to this regional dispute, said on Tuesday Head of Govt. Aziz Akhannouch in New York at the 80th session of the UN General Assembly. Akhannouch, who delivered Morocco’s address, highlighted the international dynamic spurred by King […]
U.S. Congressman Joe Wilson has denounced again the Algeria-backed Polisario armed militia as a “terrorist organization” posing serious threats to regional peace and stability. The influential republican politician made the remarks Tuesday in New York following his talks with Moroccan Foreign minister Nasser Bourita on the sidelines of the ongoing 80th UN General Assembly. In […]
Morocco has reiterated its firm support for the two-state solution as the only viable path for resolving the decades-long Palestinian-Israeli conflict and establishing a lasting peace in the Middle East. The supportive stand was expressed in Morocco’s address made Tuesday by Head of Govt. Aziz Akhannouch at UN General Assembly convening in New York. Morocco, […]