First Independent Mena Newspaper
Morocco’s phosphates and fertilizer giant, OCP, reported a 10% growth in its revenue in the first three months this year to $2.3 billion. This performance was attributed to higher demand on fertilizers in Europe, Brazil, Africa, and India, where inventories have been depleted. It also took place in a context of DAP/MAP fertilizers export restrictions […]
Morocco and the UN World Tourism Organization have signed a financial agreement related to the establishment of the organization’s first African innovation Office in Rabat, Morocco. The financial agreement was signed Thursday in Madrid by Morocco’s Minister of Tourism, Fatim-Zahra Ammor, and UN Tourism Secretary-General Zurab Pololikashvili. This agreement follows host country agreement signed between […]
Morocco is poised to enter race for hosting the prestigious Formula-One among two other African candidates, South Africa and Rwanda, vying for the event. To enhance its chances, the North African Kingdom has a $1.2 billion project, sited 20 kilometres south of the coastal city of Tangiers, according to online motorsport website “RacingNews365”. The Moroccan […]
The Moroccan branch of the food delivery platform GlovoApp is under formal investigation by the Competition Council for suspected anti-competitive practices. The probe centers on allegations of abuse of dominant market position and the use of predatory pricing strategies. Although the Council’s official statement did not name Glovo directly, sources confirm the company is the […]
Sidi Ould Tah of Mauritania was elected this Thursday President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Sidi Ould Tah will succede Nigerian Akinwumi Adesina at the helm of the AfDB. Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or […]
Morocco and Egypt have called for an immediate ceasefire in Gaza and for unrestricted distribution of humanitarian aid to the starving Palestinians. This came during a meeting held in Rabat on Wednesday between Morocco’s Minister of Foreign Affairs, Nasser Bourita, and his Egyptian peer Badr Abdel Aty, who is visiting Morocco to convey a written […]
The European Parliament and Egypt held this week in Cairo the 14th EU-Egypt Interparliamentary Meeting (IPM) that focused on fostering parliamentary dialogue and cooperation. The EU parliament’s delegation for relations with the Mashreq countries (DMAS), led by Chair Laurent Castillo, and Egyptian MPs discussed a wide array of critical issues, including bilateral relations, regional stability, […]
A Moroccan military delegation, led by Brigadier General Abdelkrim Najjar, took part in the 2025 African Chiefs of Defense Conference co-organized by U.S. Africa Command and Kenya in Nairobi (May 28-29) under the theme: “Strengthening African Security, Sustaining Unity of Effort.” The conference was an opportunity for senior military officials from across Africa to discuss […]
Nadia Fettah Alaoui, Morocco’s Minister of Economy and Finance, has been awarded the trophy of Finance Minister of the Year at the 2025 African Banker Awards in Abidjan. Her leadership has been recognized for driving macroeconomic stability and positioning Morocco as an attractive destination for investment. This accolade highlights her significant contributions to Morocco’s economic […]
Morocco’s automotive sector is undergoing a remarkable transformation. After starting as a regional assembly hub, the country’s car industry has grown into a leading player in electric vehicle (EV) and green hydrogen technology, said the London School of Economics in a report. This North African nation is strategically positioning itself as a global automotive powerhouse, […]