First Independent Mena Newspaper
Libya’s National Oil Corporation (NOC) has announced the results of its first public oil and gas bid round in 17 years, awarding exploration and development contracts to five major international companies and consortia. The round offered 20 exploration blocks. Winning entities include a consortium of Italy’s Eni and QatarEnergy; a consortium of Spain’s Repsol and […]
Ticket resale prices for the 2026 World Cup have surged sharply on FIFA’s official resale platform, with some seats listed at more than seven times their original value as global demand intensifies. A Category 3 ticket for the June 11 opener between Mexico and South Africa in Mexico City was posted at $5,324, compared with […]
Morocco’s Equipment Ministry launched comprehensive upgrades to the Maghreb Dam Application (MORDAM) used for daily dam reservoir monitoring, aiming to enhance data reliability, strengthen anticipation, and support more reactive hydraulic governance. The Water Research and Planning Directorate pilots this digital transformation initiative modernizing hydrological data collection, consolidation, and analysis nationwide. Morocco’s dam policy, initiated under […]
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired on Friday at the Royal Palace in Casablanca the presentation and launch ceremony of the project to build a landing gear production factory for the Safran group in Nouaceur, a project that reinforces Morocco as a destination of choice and a genuine integrated industrial […]
As extreme winter storms sweep across the Mediterranean basin, Algeria, Tunisia and Morocco have all launched emergency operations to confront destructive flooding, yet the speed and scale of Morocco’s response, including a newly announced 320-million-dollar relief plan, have drawn particular attention. Weeks of torrential rain and controlled releases from overfilled dams displaced more than 180,000 […]
In application of the royal instructions, the Moroccan government is rolling out a program to provide assistance and support to floods-affected populations in the north and west of the Kingdom, caused by the exceptional rainfall in the country over the past two months. Following the severe extreme weather, the most affected communes of the provinces […]
Jumia Technologies AG said it will put an end to its operations in Algeria by the first quarter of 2026, as the company seeks to shift focus to strongest African markets. The move follows earlier exits from South Africa and Tunisia and forms part of a broader “geographic recalibration” aimed at improving operational efficiency and […]
Leading carmaker Stellantis Morocco has partnered with Attawfiq Microfinance to enable small business owners purchase FIAT TRIS, a 100% electric three-wheeled vehicle produced in Kenitra plant, Morocco. Under the deal, Attawfiq Microfinance, established in 2000 by Moroccan BCP Group, will provide small loans to those wishing to get TRIS without a heavy upfront. The goal […]
Florida Senate has adopted a resolution hailing the visionary leadership of King Mohammed VI advancing U.S. African cooperation ties and commended the American recognition of Morocco’s full sovereignty over its entire Saharan territory. The resolution recognizes the importance of Morocco’s business, trade, and cultural cooperation with the State of Florida and the enduring diplomatic, business, […]
Morocco’s strong growth momentum is expected to continue in 2026, supported by public and private investment and solid agriculture output, said the International Monetary Fund. In a statement released Thursday following the conclusion of the Fund’s Article IV consultation mission to the Kingdom, the IMF said Morocco’s economic growth in 2025, estimated at 4.9 percent, […]