First Independent Mena Newspaper
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired a ministerial council on Saturday at the Royal Palace in Rabat. The meeting was devoted to discussing and approving the broad guidelines of the 2027 Finance Bill, which includes measures to support purchasing power, increase direct social assistance, and launch an integrated national youth […]
Egyptian Pickalbatros Hotels & Resorts group has secured $250 million in financing from the IFC, part of the World Bank Group, and Attijariwafa ban. The deal, signed in Marrakech on 15 October 2026, was described as the largest IFC-backed hotel financing in Morocco’s history. The funds will go towards acquiring hotels, expanding the portfolio and […]
Nine years after Algeria first activated the printing presses under the guise of “non-conventional financing,” the regime’s addiction to helicopter money remains firmly in place. What was presented in 2017 as a temporary five-year lifeline to stave off bankruptcy has become a permanent fixture of fiscal mismanagement. The Bank of Algeria continues to bankroll a […]
Morocco is positioning itself as a driving force for innovative financing models to unlock large-scale railway development across Africa, as the second International Forum on “Investment and Financing Solutions for the Future of Railways in Africa” opened Wednesday in Rabat under the high patronage of King Mohammed VI. The two-day gathering (October 14-15) brings together […]
Morocco’s economy is expected to end 2026 on a stronger note, with GDP growth accelerating to 4.7% in the fourth quarter, according to the High Commission for Planning (HCP). This follows estimated growth of 4.1% in the third quarter and 4% in the second, HCP said. The pickup would be driven by a recovery in […]
Libya’s Central Bank has maintained that it received $361 million in oil revenues between October 1 and 14, while welcoming independent audits to verify the figures. The Central Bank of Libya said the amount reflected funds actually deposited into its accounts and matched records held by the Government of National Unity’s Ministry of Finance. It […]
Bank Al-Maghrib (BAM) has completed a first experimental phase showing that it is technically possible to offer a digital dirham to individuals, Le Nouvelliste reports. The tests were carried out with support from the IMF and the World Bank. The central bank has not announced a launch date, and the article stresses that the result […]
Listed companies on the Casablanca Stock Exchange posted strong first-half 2026 results, with aggregate turnover rising 10.6% to 196 billion dirhams from 177.3 billion a year earlier, according to an analytical report by brokerage and research firm M.S.IN released in early October. Overall net profits grew 7.4% to 29.4 billion dirhams, up 2.04 billion dirhams […]
A US State Department report published in September 2026 has identified weak growth, persistent inflation, high unemployment and rising public debt as major challenges facing Tunisia’s economy, Tunisian media reported this Wednesday. Unemployment fell from 16 per cent in 2024 to 15.2 per cent in the fourth quarter of 2025, while the informal sector accounted […]
Inflation remains moderate in Morocco and is expected to stay so until the end of 2026, but the lull looks temporary. Prices rose by an average of just 0.3% over the first eight months of the year, according to the High Commission for Planning (HCP), mainly because of falling prices for some food products. BMI/Fitch […]