First Independent Mena Newspaper
Libya ranked as the world’s fifth-largest importer of Turkish gold and jewelry over the past year, with imports valued at more than $350 million, according to data released by Turkey’s Anadolu Agency on January 11, 2026. Turkish jewelry exports to Libya reached about $356.2 million, underscoring resilient demand despite Libya’s prolonged economic and political headwinds. […]
Africa is set to remain one of the biggest beneficiaries of FIFA’s $5 billion global development program, FIFA officials said. FIFA said nearly a quarter of all Forward funding mobilized since 2016 has gone to Africa, placing the continent on equal footing with Asia and Latin America as a priority region. Officials said the allocation […]
Morocco has positioned itself as an increasingly attractive market for international franchises, drawing brands from Europe, America, and Asia seeking fresh growth opportunities. The country’s appeal stems from several strategic advantages: its geographical proximity to Europe, a population exceeding 37 million, and an annual influx of nearly 20 million tourists. Urban expansion in cities like […]
Morocco’s airports handled 36.3 million passengers in 2025, up from 32.7 million in 2024, driven by strong demand across major hubs and boosted by fan arrivals for the 2025 Africa Cup of Nations, aviation authorities said. The rise comes amid a record year for tourism. Morocco welcomed 19.8 million visitors in 2025, a 14% increase […]
Morocco continues to attract foreign investment thanks to its political stability, economic performance, open-market, unique geostrategic position and growing competitive industrial eco-system. British Company PowerForce Global, leader in industrial maintenance and service solutions in energy sector, has launched its operations in Morocco as part of its expansion strategy in North Africa. The Bristol-based Company delivers […]
Morocco’s government announced Thursday that tax revenues are expected to reach 366 billion dirhams ($36.5 billion) this year, representing a substantial increase from the 199 billion dirhams ($19.8 billion) recorded in 2020. Government spokesperson Mustapha Baitas attributed this nearly 160 billion dirham rise to fiscal reforms that have strengthened public finances and expanded funding capacity […]
Economic cooperation between Morocco and Spain continues to deepen in the agri-food industry, with investors from both countries demonstrating strong interest in biscuit manufacturing and industrial bread production. Competition authorities recently disclosed several major concentration operations signaling this growing partnership. The Moroccan Competition Council announced that Mexican multinational Grupo Bimbo S.A.B. de C.V., through its […]
Tunisia’s fisheries trade balance posted a steep 142% decline by the end of November 2025, as the surplus went down from the 361.1 million dinars recorded in November 2024 to 225 million dinars in the 2025 corresponding period, according to figures released by the National Observatory of Agriculture (ONAGRI). Fisheries exports reached 30,500 tons valued […]
Morocco has lowered taxes on imported mobile phones from 17.5% to 2.5% as part of the 2026 Finance Law, a move the government says will help stabilize the market, reduce smuggling and support businesses that operate legally. The new rate applies to all mobile phones, whether fully assembled or imported in pieces to be put […]
The Moroccan Observatory of Micro, Small and Medium Enterprises (OMTPME) presented its 2025 Annual Report offering a comprehensive overview of Morocco’s corporate business landscape in 2024, revealing a combination of sustained growth and ongoing structural vulnerabilities. According to the report, unveiled during a press conference in Casablanca led by its executive director, Amal Idrissi, Morocco […]