First Independent Mena Newspaper
Chinese Sunrise Group has launched a major textile project in the Moroccan city of Fez which will host the 20-ha factory complex, including yarn spinning, weaving, dyeing, printing, and ready-to-wear garment manufacturing. This facility, spearheaded by Sunrise subsidiary Euwen Textiles, will use renewable energy and water recycling systems. It is expected to create around 3,000 […]
Morocco is advancing its direct social support system through enhanced data analytics and precision targeting, moving beyond category-based assistance toward household-specific assessments as authorities secure long-term funding for one of the nation’s largest social protection initiatives. Government officials detailed the program’s evolution in November parliamentary responses, outlining how the National Agency for Social Support implements […]
Morocco’s insurance industry continues demonstrating robust fundamentals, with premiums reaching 53.6 billion dirhams by October 2025, representing an 8.1% year-on-year increase, according to the Committee for Coordination and Supervision of Systemic Risks. The committee, which convened Tuesday at Bank Al-Maghrib headquarters in Rabat for its twenty-second session, reported growth across both major segments. Non-life insurance […]
The U.S. government has decided to impose 127 % anti-dumping (AD) & Countervailing duties (CVD) on imports of steel concrete reinforcing bar (rebar) from Algeria, accused of subsidizing its steel sold in the United States at less than fair value (LTFV). An anti-dumping and Countervailing duties are imposed by Washington on unfairly priced imports to […]
As 2025 draws to a close, Algeria faces one of the most challenging years in its modern history, marked by diplomatic setbacks, economic vulnerability, and existential questions about its national identity. The adoption of UN Security Council Resolution 2797 in 2025, affirming the preeminence of Morocco’s autonomy plan for the Sahara, dealt a crushing blow […]
Egypt’s digital exports climbed to $7.4 billion in 2025, marking a 124 per cent increase from $3.3 billion in 2018, Communications and Information Technology Minister Amr Talaat announced on Monday, 22 December 2025. The minister said the surge has underpinned sustained annual growth of 14–16 per cent in the ICT sector, with outsourcing exports doubling […]
Moroccan clinic operator Akdital said it signed a protocol agreement to buy 100% stake in Taoufik Hospitals Group (THG), marking its first expansion into North Africa outside Morocco and the Gulf. Founded in 2014, THG operates four private hospitals in Tunisia with a combined capacity of over 600 beds, including 100 intensive care beds, […]
Morocco’s government has approved a five percent minimum wage increase effective January 1, 2026, for non-agricultural sectors, establishing new legal remuneration thresholds businesses must observe. The Government Council approved the related decree this December, continuing multi-year wage enhancement dynamics. According to the Employment Ministry, the minimum interprofessional guaranteed wage will have progressed 20 percent during […]
Morocco’s central bank detailed in a recent report its efforts to reduce reliance on cash- which has been dominating the economy- and promoting mobile payments to boost financial inclusion. In its 2024 annual report on financial market infrastructure and payment systems, Bank Al-Maghrib outlined regulatory and operational measures aimed to address entrenched habits relying on […]
The World Bank’s Board of Directors has approved a $4 million grant from the Livable Planet Fund (LPF) to Morocco to provide additional funding for the Transforming Agri-food Systems Program. The program aims to strengthen Morocco’s agri-food system against climate change while improving food safety and quality, the international financial institution said in a press […]