First Independent Mena Newspaper
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 […]
Morocco’s media landscape is undergoing a radical transformation, driven by the rapid expansion of streaming platforms including Netflix, YouTube, TikTok, Spotify and Shahid. According to DataReportal, the country counted 35.3 million internet users at the start of 2025, a penetration rate of 92.2 percent. The Agence nationale de réglementation des télécommunications recorded 31.5 million users […]
U.S. President Donald Trump has issued an emergency proclamation lifting temporarily countervailing duties (CVD) on phosphate fertilizers imported from Morocco for eight months. The move will bring immediate relief to producers who rely on these critical inputs with an estimated 22% reduction in phosphate fertilizer prices, and $1.82 billion in annual savings for producers. Global […]
American technology leader Oracle, specializing in enterprise software, cloud computing, and database systems, has opened its second Research & Development center in Morocco. Located in Agadir, the new facility builds on Oracle’s R&D hub launched last year in Casablanca. The two centers support Morocco’s drive to advance world-class AI and cloud technologies to serve global […]
Attijariwafa bank and the Moroccan Association for the Automotive Industry and Trade (AMICA) have signed a strategic partnership agreement aimed at strengthening financial and operational support for companies within the kingdom’s automotive ecosystem. The accord was formalized on the sidelines of the Industrial Automotive Competitiveness Show in Kénitra last week. The agreement was signed by […]
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 Middle East and North Africa (MENA) region should treat its current wave of geopolitical, economic, and technological shocks as an opportunity to rethink growth models and accelerate structural reforms, according to Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia department. Speaking Monday in Rabat at the opening of 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 […]
Moroccan and Chinese Customs administrations have signed lately three cooperation agreements to enhance further trade exchanges and economic ties between the two countries. They agreed to provide mutual administrative assistance and recognize the two countries’ Authorized Economic Operator (AEO) program, an international certification proving that a business customs controls comply with rules and standards set […]