First Independent Mena Newspaper
Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]
Morocco, thanks to its economic strengths, political stability, and investment-friendly environment, is asserting itself as an essential destination for investors looking to capitalize on the dynamics of the tourism sector, says UN Tourism in a report titled “Investing in Morocco.” In this report, Secretary General of UN Tourism, Zurab Pololikashvili, says “Morocco offers highly attractive […]
Morocco’s central bank, Bank Al-Maghrib (BAM), has published this week the first version of its practical guide on the fight against money laundering and the financing of terrorism (AML-CFT). This guide, which is part of efforts to raise public awareness about the risks of money laundering and terrorism financing, explains what money laundering and terrorism […]
Nigeria has become the 77th shareholder in the European Bank for Reconstruction and Development. The Bank’s board of governors approved Nigeria’s membership after it amended its laws to expand incremental funding to Sub-Saharan Africa, the bank said in a statement. Through this membership, Nigeria hopes to benefit from EBRD funding, which is yet to be […]
Morocco and the member states of the Gulf Cooperation Council have agreed on a joint action plan extending until 2030. The announcement was made Thursday night in Mecca by the Moroccan Minister of Foreign Affairs, Nasser Bourita, during the 7th Morocco-GCC joint ministerial meeting. Bourita, who led the Moroccan delegation, emphasized the strength of the […]
France has offered Morocco 781 million euros to purchase 18 high-speed trains made by Alstom, as the country develops its rail networks in preparation for the 2030 World Cup. The deal is part of the 168 trains Moroccan operator ONCF said it picked as it expands the high-speed train network south to Marrakech while extending […]
Morocco has established itself as an uncontested leader in counterterrorism efforts, achieving a perfect zero score in the 2025 Global Terrorism Index. This exceptional performance positions the North African kingdom as the only country in its region to record no terrorist activity throughout the past year, advancing six places from its previous ranking. The success […]
The ambitious Africa-Atlantic Gas Pipeline project has entered a decisive investment phase, with initial segments expected to become operational by 2029. The announcement was made by General Director of the National Office of Hydrocarbons and Mining (ONHYM), Amina Benkhadra, during a high-profile briefing in Washington, organized by the American think tank Atlantic Council, on the […]
Egypt is set to establish a new trade entity aimed at strengthening exports across Arab markets, as part of a broader strategy to drive economic growth. The Arab Alliance for Industrial Investment, comprising 41 private Egyptian companies, is expected to be fully operational by next week, according to a report by Ashraq Business released on […]
Secretary General of the Gulf Cooperation Council (GCC) Jassim Al-Budaiwi reiterated the Council’s decisions and constant positions, supporting the Moroccanness of the Sahara, and the Kingdom’s stability and territorial integrity. In his address before the joint GCC-Morocco ministerial meeting held in Makkah on Thursday, the Council’s Secretary General welcomed UN Security Council resolution no. 2756 […]