First Independent Mena Newspaper
Morocco is poised to enter 2026 in a favorable position, with Standard Chartered forecasting 4.5% economic growth for the year, driven by resilient non agricultural sectors, accelerating investment, and robust domestic demand. The projection was published in Standard Chartered Global Focus 2026 report. It follows an estimated 4.8% expansion in 2025, marking the strongest post […]
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 […]
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 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 […]
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 […]
Moroccan judicial authorities registered over 500 cyber offenses, 116 terrorism cases, and 801 money-laundering files in 2024, according to the Public Prosecution Presidency report, reflecting growing digital tool roles in criminal activity and terrorism financing. The report documents diverse cybercrime activities including online fraud, electronic sexual harassment through messages or recordings, crime incitement via digital […]
Morocco’s national savings rate climbed to 29.7% of gross domestic product during the third quarter of 2025, up from 28.7% one year earlier, according to the High Commission for Planning in its economic situation report. This evolution reflects slowing final national consumption in value terms, which progressed 5% instead of 6.1% in Q3-2024, the commission […]
Sudan’s Cabinet approved on 30 December an emergency draft budget for the 2026 fiscal year, projecting 9% economic growth despite the ongoing conflict since 15 April 2023. The budget was endorsed during a session in Port Sudan, chaired by Prime Minister Kamil Idris, who described the plan as exceptional under the prevailing circumstances. The fiscal […]
The Organization for Economic Co-operation and Development (OECD) has commended Morocco for its progress in transparency and sound tax practices, confirming the Kingdom’s full compliance with international standards on the exchange of information related to tax rulings under the BEPS framework. In its latest peer review report on harmful tax practices, the Paris-based institution states […]
Morocco has fundamentally transformed its regulatory approach to collective investment schemes, replacing three-decade-old legislation with Law 03.25, which establishes enhanced transparency, supervision, and investor protection aligned with international standards. The 1993 founding legislation served Morocco’s emerging financial market adequately during an era of limited actors and relatively simple financial instruments. However, as markets became more […]