First Independent Mena Newspaper
Libya’s National Oil Corporation (NOC) has released on July 2 its June 2026 production and revenue figures, disclosing robust oil and gas output alongside significant financial inflows under its transparency and disclosure framework. Total crude oil production for the month reached 41,867,126 barrels, with 29,950,320 barrels allocated to the Libyan state and 10,909,540 barrels assigned […]
The European Investment Bank announced on Tuesday €365 million investments destined to boost Morocco’s transport sector, connectivity and economic opportunities. The new European Bank’s investments have been announced by EIB President Nadia Calviño during the working visit she is paying to the Kingdom. The EIB funding aims to strengthen the resilience and security of Morocco’s […]
Morocco’s national savings rate rose to 31.4 percent of GDP in the first quarter of 2026, up from 29.5 percent in the same period of 2025, according to the High Commission for Planning. The improvement, set out in HCP’s economic situation note for Q1 2026, reflects stronger income growth relative to consumption and represents a […]
Mauritania and China have signed a MoU in Nouakchott on 29 June for the partial cancellation of Mauritania’s debt, marking a fresh step in bilateral economic cooperation. The agreement was signed by Mauritanian Minister of Economic Affairs and Development Abdallahy Ould Souleymane Ould Cheikh Sidiya and Chinese Ambassador Tang Zhongdong. Speaking at the ceremony, the […]
The European Investment Bank (EIB) Group plans to channel more than €700 million into Morocco during 2026, according to EIB Group President Nadia Calviño, who made the announcement during her first official visit to the kingdom since taking up the role. Calviño noted that the partnership between the EIB and Morocco has accelerated markedly in […]
Sudan and China signed an agreement on Sunday, June 28, 2026, to cancel a portion of Khartoum’s bilateral debt in a move aimed at strengthening strategic cooperation as Sudan continues to grapple with a severe economic collapse driven by prolonged conflict. The agreement, announced by Sudan’s Finance ministry, covers the cancellation of four interest-free loans […]
Le Bureau national de lutte contre les crimes économiques et financiers (BNLCEF), a specialized unit of the national judiciary police brigade, (BNPJ), has opened an investigation into a group of businessmen and foreign exchange office operators suspected of channeling large sums of money of undetermined origin into the Moroccan economy. The development was reported on […]
President of the European Investment Bank (EIB) Group, Nadia Calviño, will pay an official visit to Morocco from June 29 to July 1, 2026, as part of efforts to strengthen the strategic partnership between the European financial institution and the Kingdom. During the visit, Calviño will hold talks with several members of the Moroccan cabinet […]
Ten Moroccan animated TV series have been produced thanks to a one million Euro financial contribution from TV5MONDE, which is supported by the French foreign ministry. The move, a milestone for the Moroccan audiovisual sector, comes after the North African Kingdom has joined TV5-Monde governance, which includes France, Switzerland, Belgium, Canada, Monaco and Quebec. The […]
Morocco is intensifying negotiations with European countries to safeguard the operations of its banks in the European Union and ensure the continued flow of remittances from Moroccans living abroad, central bank governor Abdellatif Jouahri said. After successful talks with France, Morocco plans similar negotiations with the Netherlands, Belgium, Spain and Italy, Jouahri told reporters following […]