First Independent Mena Newspaper
The International Monetary Fund (IMF) commended Morocco’s tax reforms which enabled an enlargement of the tax base, narrowed the fiscal deficit and helped finance key reforms. “As a result, tax revenues in 2024 have been greater than expected. With only a small part of the additional tax revenues being saved, the central government’s deficit for […]
The European Bank for Reconstruction and Development injected 38.4 million euros-via a green bond issuance- in Moroccan rail operator ONCF, as the latter expands its network. “Issuing the bond will partially refinance the debt from ONCF’s latest development round designed to modernize and electrify the network; acquire and upgrade electric rolling stock; address safety units […]
Karlina Valeiko, deputy digital editor at National Geographic Traveller, has succumbed to the charm of Essaouira and to its rich cultural heritage and vibrant artistic scene, praising the Moroccan Atlantic port city for blending Amazigh, Arabic, and European influences to create a unique atmosphere that continues to attract visitors. Over the centuries, the city’s famed […]
Egypt’s urban inflation rate has experienced a slight reduction for the fourth consecutive month, falling to 24% in January, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) on February 10. This marks a modest decline from the 24.1% recorded in December 2024. On a year-on-year comparison, inflation has dropped by 0.8 percentage […]
Security challenges faced by both Morocco and Spain and other issues of common interest were reviewed at a meeting in Madrid Monday between the two countries’ Interior Ministers Abdelouafi Laftit and Fernando Grande-Marlaska. During this in-depth dialogue, the two officials underlined the richness and fluidity of bilateral cooperation in security matters and highlighted the significant […]
Morocco’s state-owned rail operator ONCF raised $200 million via a green bond that was five times over-subscribed with a total demand reaching $1 billion. The bond was part of ONCF’s green push, as it plans to expand the national rail network. The four-tranche bond had maturities ranging from 10 to 15 years at rates varying […]
Iraq reiterated, on Saturday, its constant position in support of Morocco’s territorial integrity, and praised the international momentum in favor of the autonomy plan for the resolution of the dispute over the Moroccan Sahara. This stance was expressed in a joint statement released following talks in Rabat between Iraq’s Deputy Prime Minister and Foreign Minister […]
British low-cost airline scheduled for winter 2025/2026 two air routes from Bournemouth to Agadir and from Leeds to Marrakech. The company said the additional Morocco flights will be launched following higher demand on Agadir and Marrakech from British tourists. Low-cost airlines connecting Morocco to major tourist emitting markets have played a significant role in increasing […]
The number of migrants Morocco stopped from crossing illegally to Europe grew 4.6% in 2024 to 78,685, as the country faces an increasing migratory pressure. Climate change, unemployment, and wars are pushing an increasing number of African migrants to opt for the Morocco route, due to its proximity to Spanish shores. Up to 58% of […]
Speakers of the Parliaments of the Atlantic African States have welcomed the Atlantic African States Process (AASP), initiated by King Mohammed VI. In the Rabat Declaration, issued at the close of the meeting of the Speakers of the Parliaments of the Atlantic African States, held in Rabat on Thursday, the Speakers of the Parliaments of […]