First Independent Mena Newspaper
Morocco has launched bids for the construction of a 1,000 km ultra-high-voltage alternating current line to transmit about 2 GW between Boujdour and Tensift, with applications due Jan. 15, 2026. In a press release, Morocco’s National Office for Electricity & Potable Water (ONEE) says the power line will connect the regions of Boujdour and Tensift, […]
Morocco secured election to the vice-presidency of the United Nations Food and Agriculture Organization Council during the agency’s 179th conference in Rome on Monday. The kingdom will serve on the FAO Council, the organization’s 49-member executive body responsible for overseeing policy implementation and strategic direction, until 2029. This election confirms member states’ confidence in Morocco’s […]
Morocco recorded substantial growth in foreign direct investment during the first ten months of 2025, with net flows strengthening 39.4 percent to reach 27.06 billion dirhams compared to 19.41 billion dirhams during the same period last year, according to the Foreign Exchange Office. This evolution reflects renewed confidence among foreign investors and enhanced attractiveness of […]
The Moroccan currency is increasingly used in markets across West Africa and the Sahel, marking a significant shift in a region that has long been anchored to the CFA franc, tied to the French central bank. Although 14 African states still officially use the CFA franc, the Moroccan dirham has begun to circulate more widely […]
Morocco has continued to increase its fresh sweet corn exports to Germany for the second consecutive year. In the first nine months of 2025, Moroccan exporters shipped over 2,000 tons of fresh sweet corn to Germany, valued at $3.83 million. This volume breaks the previous record set in 2024 by 18% and is double the […]
Morocco’s tourism sector has confirmed its robust post-pandemic momentum with the tourism gross domestic product registering a remarkable 38.4 percent increase in 2024 compared to 2019 levels, according to the Tourism Satellite Account published by the High Commission for Planning. The sector’s contribution to national GDP strengthened from 6.8 percent to 7.3 percent, reflecting tourism’s […]
Authorities in the Casablanca-Settat region have officially ended direct involvement of elected officials and certain associations in managing sports infrastructure belonging to territorial collectivities. This major change materializes through creation of CasaRégionSport, the Casablanca Sports Facilities Company, with validation expected during an extraordinary municipal council session on December 2. Regional governor Mohamed Mhidia thus closes […]
Tensions over Moroccan tomato imports are flaring again in France, where local producers accuse Moroccan suppliers of unfair competition. Moroccan fresh produce exporters have repeatedly said such campaigns were triggered by disinformation. Last week, members of the Confédération Paysanne stormed a Franco-Moroccan logistics hub in Perpignan before being removed by police, then entered a supermarket […]
The second quarter of 2025 marks a turning point for Morocco’s capital market, as the Casablanca Stock Exchange posts its strongest liquidity and depth levels in years, powered by a notable comeback of retail investors, alongside robust activity from mutual funds and a more predictable macroeconomic environment. After years of institutional dominance, the market structure […]
President Abdel-Fattah El-Sisi has endorsed the rollout of a second package of tax incentives aimed at rewarding compliant taxpayers and deepening trust between the State and the business community. During a high-level meeting on Sunday, November 30, with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk, the President reviewed the core elements of the […]