First Independent Mena Newspaper
The Central Bank of Libya will host the fifth Arab Conference on Savings and Financial Literacy in Tripoli September 7 – 9. The three-day conference will be held under the theme, “Tripoli: Capital of Financial Literacy,” with Central Bank Governor Naji Issa expected to attend. The event will bring together experts, policymakers, researchers, central banks […]
Mauritanian Finance Minister Codioro Moussa N’Guénore received an International Monetary Fund (IMF) mission led by the Fund’s Regional Adviser on Government Finance Statistics, Francis Gahizi, on Thursday evening. The meeting focused on cooperation between the government and the IMF, particularly efforts to modernize the collection and verification of financial data relating to public enterprises. The […]
Remittances from Moroccans settled abroad reached 74.78 billion dirhams by the end of July 2026, up 8.1 percent from 69.17 billion dirhams over the same period last year, according to the latest monthly external trade bulletin from Morocco’s Foreign Exchange Office. The increase continues a steady upward trend in transfers from the Moroccan diaspora recorded […]
Forecasts for Morocco’s listed banks have been revised downward for 2026 amid a pullback in market activities and heavier-than-expected digital investment, though analysts expect growth to accelerate again from 2027, Attijari Global Research (AGR) said. The listed banking sector posted cumulative net banking income of 49.8 billion dirhams in the first half of 2026, up […]
Facing a continuous rise in non-performing loans on Moroccan bank balance sheets, the International Finance Corporation (IFC) and German group EOS Holding are preparing an investment vehicle worth up to 60 million euros. The operation aims to create new capacity for buying and managing distressed assets while helping a secondary market for bad debt emerge […]
Morocco’s budget deficit stood at 50.5 billion dirhams at the end of July 2026, down from 54.7 billion dirhams a year earlier, as revenue growth of 28.2 billion dirhams outpaced a 23.9 billion dirham rise in spending. The figures come from the latest bulletin on the Treasury’s charges and resources situation, produced by the Ministry […]
Morocco’s consumer price index fell 0.6 percent in July 2026 compared with a year earlier, according to the latest data from the High Commission for Planning (HCP). The decline was driven mainly by a 3.7 percent drop in food prices, which more than offset a 1.9 percent rise in non-food prices, where changes ranged from […]
Morocco’s foreign exchange reserves reached a record $48.6 billion in 2025, placing the kingdom fifth among African countries, according to a report by the African Export-Import Bank (Afreximbank). The reserves jumped 30.8% in one year, Morocco’s strongest annual increase since 2021, strengthening its buffer against external shocks and improving its capacity to finance imports. Morocco […]
Tunisia’s trade deficit widened to 14.96 billion Tunisian dinars by the end of July 2026, compared with 11.90 billion dinars during the same period in 2025, according to the National Institute of Statistics. The increase was largely driven by the energy trade deficit, which rose to 7.95 billion dinars from 6.04 billion dinars a year […]
Morocco’s Exchange Office has published a Circular, introducing new vigilance and internal monitoring obligations for offshore holding companies operating within the kingdom’s offshore financial center framework. Economy and Finance Minister Nadia Fettah signed the circular on July 23, and it took effect immediately, applying under the law on combating money laundering and the law governing […]