First Independent Mena Newspaper
The General Confederation of Moroccan Enterprises (CGEM), which represents the private sector, has welcomed the conclusion of a new trade agreement between Morocco and the European Union covering farming products, including those from the Southern Provinces. CGEM hailed the deal as a major step forward in deepening economic cooperation and sustaining the momentum of Moroccan […]
Morocco and Saudi Arabia have signed an agreement to encourage and protect mutual investments, aiming to safeguard investors’ rights and boost cross-border capital flows as the two nations strengthen economic cooperation. The deal was signed in Rabat by Moroccan Minister of Economy and Finance Nadia Fettah Alaoui and Saudi Investment Minister Khalid Al-Falih who is […]
Morocco’s annual “Marhaba” operation, marking summer sea crossings, recorded over 3.2 million passengers and nearly 739,000 vehicles crossing through national ports between June 10 and September 15, transport minister Abdelssamad Qayouh said. The figures mark a 7% increase in passenger traffic and 6% in vehicles compared to 2024. Tangier Med remained the main hub, handling […]
Rabat, Morocco’s capital city, will host the new regional headquarters of the World Bank, according to local press report. The move strengthens the Kingdom’s economic attractiveness and position as a gateway to African markets. Morocco has gained the trust of the World football governing body for hosting FIFA Africa Office. The World bank followed suit, […]
President of Senegal Bassirou Diomaye Faye and King Mohammed VI have voiced their shared resolve to further strengthen the two countries’ strategic and multidimensional partnership. This came during an audience the Senegalese head of state granted Tuesday in Dakar to Moroccan Foreign Minister Nasser Bourita, who is taking part in the “Invest in Senegal” forum. […]
More than 300 Moroccan and French business leaders are set to gather in Dakhla on October 9 for the Morocco-France Economic Forum, a high-level event aimed at deepening bilateral partnerships and exploring new opportunities in strategic sectors such as energy, infrastructure, and agribusiness. Organized jointly by the General Confederation of Moroccan Enterprises (CGEM) and the […]
Libya and the United Arab Emirates have started discussions aimed at re-establishing direct air connections between the two countries. In this connection, Libya’s Minister of Transportation, Mohamed Al-Shahoubi, met with Ahmed Taher, an envoy from Dubai’s Civil Aviation Authority, at Mitiga Airport in Tripoli, on Tuesday. Talks centered on technical and security preparations necessary for […]
South African President Cyril Ramaphosa has declared an “economic emergency,” unveiling a sweeping 10-point plan aimed at resuscitating the country’s stagnating economy. The announcement comes amid escalating tensions at power utility Eskom, deepening financial turmoil within the ruling African National Congress (ANC) party, and widespread investor skepticism. Speaking at a high-level ANC meeting, Ramaphosa announced […]
Switzerland has unveiled its 2025-2028 Economic Cooperation Program with Morocco, reinforcing bilateral ties through targeted initiatives in sustainable development, innovation, and market access. The program launch in Rabat this week included the signing of a sustainable tourism project for the Béni Mellal-Khénifra region, demonstrating immediate implementation of strategic objectives. Swiss State Secretary for Economic Affairs […]
Morocco recorded a robust 55% increase in foreign direct investment (FDI) in 2024, attracting $1.64 billion and reaffirming its growing appeal to international investors, according to the World Investment Report 2025 published by UNCTAD. The country’s diversified industrial strategy and leadership in renewable energy continue to position it as a rising economic hub in Africa. […]