First Independent Mena Newspaper
The city of Fès is establishing a local development company dedicated to urban and interurban mobility, with an investment program of 566 million dirhams over 2025-2035 to address transportation challenges in Morocco’s spiritual capital. “Fès Mobilité SA” will launch with a 5-million dirhams initial capital, with Fès municipality holding 89.99% ownership alongside the Fès-Meknès regional […]
Angola’s capital city Luanda will become the epicenter of global business diplomacy as it hosts, June 22 – 25, the 17th US-Africa Business Summit. Organized by the Corporate Council on Africa (CCA) in partnership with the Angolan government, the summit is set to welcome over 1,500 participants, including African heads of state, U.S. government officials, […]
Moroccan flag carrier RAM is set to order at least 20 A220 Airbus jets, as part of a larger order dominated by Boeing. The news was reported by Reuters and Bloomberg, citing industry sources, adding that RAM would still stick to Boeing for the bulk of its needs, including two dozen long-haul 787s and as […]
Morocco has launched a comprehensive star rating system that will standardize quality assessments across all tourist accommodations, marking the first time hotels, riads, guest houses, and other lodging types fall under a single internationally recognized classification framework. The Ministry of Tourism published five new official orders updating the 2015 tourism lodging law, aimed at enhancing […]
On Tuesday, European Union announced the removal of the United Arab Emirates from its “high-risk” list for money laundering. In addition to the UAE, the EU also delisted Barbados, Gibraltar, Jamaica, Panama, the Philippines, Senegal, and Uganda. At the same time, Monaco was added to the list along with nine other countries. According to the […]
The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility & Logistics Hub, which aims to improve services for passenger railways in the Greater Casablanca area. The funding will also support Morocco’s national railway operator – Office National des Chemins de Fer (ONCF) – in managing and expanding railway infrastructure. […]
Morocco’s Tanger Med port complex is implementing a comprehensive energy transition strategy aimed at achieving 100% green operations by 2030, responding to climate challenges and international maritime regulations while maintaining global competitiveness. The strategy positions the hub between Europe, Africa, and Asia at the forefront of sustainable port operations, reported Challenge Magazine in its latest […]
Morocco’s wholesale trade sector anticipates steady performance in the second quarter of 2025, with 68% of wholesalers expecting stable sales volumes and 26% forecasting increases, according to the High Commission for Planning’s (HCP) latest quarterly survey. The projected stability stems from anticipated sales growth in specialized wholesale trades and industrial equipment sectors, offset by expected […]
A high-level delegation from Morocco’s General Confederation of Enterprises (CGEM) is currently undertaking a strategic mission to Seoul, aiming to strengthen bilateral economic relations and identify new cooperation opportunities with South Korean businesses across multiple industrial sectors. Led by CGEM President Chakib Alj, the delegation comprises companies operating in automotive, plastics, chemical and parachemical industries, […]
Morocco’s national railway operator, Office National des Chemins de Fer (ONCF), has awarded Italian engineering company SITE two contracts worth over €140 million for the new high-speed rail line linking Kénitra to Marrakech. SITE will provide telecom, power, and cybersecurity systems for the 400-km Kénitra–Marrakech line ahead of 2030 FIFA World Cup organized by Morocco, […]