First Independent Mena Newspaper
Moroccan citizens abroad sent home record remittances totaling 111.53 billion dirhams ($12.07 billion) through November 2025, representing 1.6% annual growth from 109.8 billion dirhams during the corresponding 2024 period, according to Exchange Office data. The steady increase demonstrates continued diaspora support for Morocco’s national economy despite ongoing global economic challenges. Tourism sector recovery proved particularly […]
Egypt has announced on Thursday, January 1, the successful drilling of two new oil and gas production wells in the Western Desert as part of a broader strategy to scale up domestic energy output. The Dorra-36 and West Yasmine-3 wells, completed by Agiba Petroleum Company, have shown strong early performance, with combined expected production of […]
Morocco’s foreign trade evolved within persistent imbalances during 2025’s first eleven months, with Exchange Office figures showing significant trade deficit widening, translating to accentuated pressure on goods exchange balance according to recent data analysis. This situation stems primarily from sustained import increases substantially exceeding export growth. Domestic demand combined with industrial and agricultural input needs […]
Morocco’s General Tax Directorate detailed principal fiscal measures contained in the 2026 budget law, continuing reforms initiated in 2023 under framework law 69-19 governing comprehensive tax system restructuring. The legislation aims to reinforce previous reform achievements while accelerating growth dynamics and employment creation. Recent years’ reforms addressed corporate tax, value-added tax, and income tax, progressively […]
Libya’s Interior Ministry confirmed, on January 1, the deportation of a group of Bangladeshi nationals through Mitiga International Airport, advancing its national program to repatriate individuals residing in the country without legal status. The ministry said the operation followed the completion of legal procedures and close coordination with relevant authorities. Officials framed the initiative as […]
The last-16 stage of the Africa Cup of Nations (AFCON) 2025 begins on Saturday, January 3, 2026, and concludes on Monday, January 6, 2026, with fixtures spread in eight different stadiums across Morocco. This innovation in AFCON’s geographical format is a first in its history. This bold choice to play the round of 16 in […]
Libya’s public debt stood at nearly $50 billion in 2024, according to the annual report of the Libyan Audit Bureau, excerpts of which were published by the state-run Libyan News Agency. The report puts total debt at 270 billion Libyan dinars (about $49.8 billion), comprising 84 billion dinars owed by the Tripoli-based Government of National […]
Education Minister Mohamed Saad Berrada presented detailed parliamentary testimony defending Morocco’s preschool development program, community school operations, and new teacher statute implementation. While acknowledging structural constraints, he highlighted substantial progress achieved since 2018. Rural preschool enrollment now reaches 81%, exceeding urban rates and representing dramatic improvement from 35% in 2018. Berrada attributed this advancement to […]
Egypt has secured $140 million in long-term syndicated financing for the first phase of a metallic silicon and silicon derivatives complex in the industrial zone of New Alamein, marking a strategic step in deepening domestic value-added manufacturing. The financing agreement was signed this week, in the presence of Minister of Petroleum and Mineral Resources, Karim […]
Sudanese Transitional Sovereignty Council Chairman Abdel Fattah al-Burhan vowed victory against the paramilitary Rapid Support Forces (RSF), while emphasizing that national reconciliation remains possible. Speaking on Sudan’s 70th Independence Day, on Thursday January 1, Burhan said the conflict has united the Sudanese people and strengthened national resolve, particularly in Darfur and Kordofan, where fighting has […]