First Independent Mena Newspaper
Trade in goods between the European Union and Morocco rose to a record €62.2 billion in 2025, driven by higher EU exports, with the bloc’s trade surplus widening to €11.2 billion, European Commission data showed. EU purchases from Morocco totaled €25.5 billion in 2025, up 0.5% year-on-year, while EU sales to the North African Kingdom […]
Morocco’s economic growth is expected to moderate slightly from 4.6 per cent in 2025 to 4.4 per cent in 2026 and 4.0 per cent in 2027, according to projections of the European Bank for Reconstruction & Development. In its latest Regional Economic Prospects, the Bank says strong tourism and remittances have continued to support external […]
Morocco is preparing to overhaul the regulatory framework governing marketing authorizations (AMM) for pharmaceutical products, with implications that could reshape the market for generic medicines and ease the financial burden on patients and social insurance funds. The reform is linked to an examination of bill 27.26, which amends the country’s pharmaceutical code and opens the […]
Morocco is set to overhaul the administrative infrastructure governing its foreign trade operations with the launch of a unified digital portal on 15 June 2026. The platform, developed under the aegis of Portnet, will replace a fragmented system that currently forces businesses to navigate more than eight separate interfaces to complete a single transaction — […]
Morocco could reach its official tourism target of 26 million visitors by 2030 two years ahead of schedule, as stronger-than-expected growth renders current projections outdated, business daily Medias24 reported. The argument is based on a reassessment of the assumptions underpinning Morocco’s tourism roadmap, which analysts now say no longer reflect the sector’s performance. Recent data […]
The Central Bank of Tunisia (BCT) has decided to maintain its benchmark interest rate unchanged at 7%, following its Monetary Policy Council meeting held on June 3, 2026. The decision reflects the Bank’s continued cautious stance as it assesses recent economic, monetary and financial developments at both domestic and international levels, particularly evolving inflation trends […]
The Moroccan army has reinforced its air defense capabilities with the acquisition of 50 KP-SAM “Chiron” launchers and 101 missiles from South Korea, according to UN Register of Conventional Arms. The KP-SAM Chiron is a man-portable, shoulder-launched surface-to-air missile (MANPADS) designed to intercept low-flying aircraft, helicopters, drones, and cruise missiles. it features an advanced dual-channel […]
The London-based Xtract Resources Company has announced it obtained a 10-year mining license for the Amghas antimony project in northwest Morocco, marking a major step toward near-term production. In parallel, the Company has begun relocating existing processing plant infrastructure from Casablanca to Amghas, while Wildstone SARL (“Wildstone”), Xtract’s 80%-owned venture, finalizes documentation for a processing […]
Aura Energy is moving closer to securing financing for its Tiris uranium project in Mauritania, with discussions underway for potential backing from U.S. institutions, marking a significant step in the development of what could become the country’s first uranium mine. On June 2, 2026, the Australian company announced it is negotiating with the U.S. International […]
Morocco and the United Kingdom are aiming to double the volume of their bilateral trade from 4.5 billion pounds currently, officials said, as both countries move to deepen economic cooperation and boost bilateral investment. The goal was stated during the 4th session of the Morocco-UK Association Council held in Rabat, under the co-chairmanship of Minister […]