First Independent Mena Newspaper
Morocco’s coastal and artisanal fishing sector generated more than 6.28 billion dirhams in marketed products by the end of July 2026, up 2 percent compared with the same period last year, according to the National Fisheries Office (ONP). The volume of products landed reached 551,547 tons, an increase of 5 percent year-on-year, the ONP said […]
Steel demand in Morocco is expected to rise 7 to 8 percent in 2026, reaching between 2.75 and 2.82 million tonnes, before crossing 3 million tonnes for the first time in 2027, driven by construction, autos, wind power and preparations for the 2030 World Cup, according to 7News Morocco. Domestic steelmakers, led by Sonasid, Maghreb […]
Major international hotel chains are expanding their footprint in Morocco, drawn by sustained tourism growth and the prospects tied to 2030. Marriott, Hilton, Accor, Radisson and IHG are all reinforcing their presence in the Kingdom, which now counts 75 hotels and resorts in development totaling 10,606 rooms, according to the Hotel Chain Development Pipelines in […]
ORNX consortium has selected U.S. engineering KBR firm to conduct the pre-FEED study for its Laayoune green ammonia project in Morocco. The study is being supported through funding from the U.S. Trade and Development Agency (USTDA). KBR will provide technology licensing and pre-FEED services for the project, which is expected to produce approximately 560,000 metric […]
Morocco has reached a new milestone in Norway’s fresh berry market, reclaiming its position as leading supplier of raspberries and blackberries and surpassing, for the first time, half of the country’s total imports in the category. Between July 2025 and June 2026, Norway imported 707 tons of fresh raspberries and blackberries from Morocco, worth more […]
Moroccan diagnostics company Gigalab is preparing to expand across Africa, betting on manufacturing capabilities it has built at home to meet the needs of health systems across the continent. In a special Forbes Africa edition dedicated to the Kingdom, founder and CEO Karim Zaher laid out a strategy combining local production with continental expansion, positioning […]
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 […]
JSW Steel Italy Piombino (Italy), Saarstahl Rails SAS (Germany), Jindal Steel (India), and China Railway Material Group are competing for a contract to supply tracks for the Kenitra–Marrakech high-speed rail line and conventional line upgrades, according to local press reports. Last year, Morocco’s King Mohammed VI launched a $10 billion rail expansion plan, including the […]
Sudan is accelerating public financial reforms and efforts to revive key productive sectors as the country seeks to rebuild State institutions and stabilize its economy amid the ongoing war. Minister of State for Finance Mohamed Nour Abdeldaim said on August 09, after briefing Prime Minister Kamel Idris in Khartoum, that the Government was implementing measures […]