First Independent Mena Newspaper
Egypt’s Suez Canal recorded a 14.2 percent year-on-year revenue increase between July and October, driven by easing tensions in the Red Sea and renewed vessel movement following the Gaza ceasefire. Canal Authority Chairman Osama Rabie confirmed that 229 ships transited in October, the highest monthly tally since the onset of the regional crisis, with 4,405 […]
Royal Air Maroc achieved “very positive” results for 2025 despite ongoing supply chain challenges, with plans to acquire or lease between 12 and 15 aircraft annually as part of its expansion strategy, CEO Hamid Addou announced Tuesday in Rabat. Speaking at the closing press conference of the 58th Arab Air Carriers Organization annual assembly, Addou […]
Morocco’s corporate tax collections reached 72.23 billion dirhams through September 2025, marking a substantial 30.9% increase from 55.17 billion dirhams in the same period last year, according to Treasury data published by the Finance Ministry. The September figures represent 98.9% of the full-year target set in the 2025 Finance Law, indicating annual projections will likely […]
Morocco unveiled its “Made in Morocco” label during the third National Industry Day held November 3-4 in Rabat, marking a strategic push to enhance manufacturing competitiveness and territorial development under royal patronage. Prime Minister Aziz Akhannouch highlighted infrastructure investments supporting industrial growth, including Tanger Med Port, over 1,800 kilometers of highways, 157 industrial zones, and […]
Nearly one in four Moroccans completed online purchases in 2024, marking a substantial shift in consumer behavior over the past five years, according to the National ICT Survey 2024-2025 conducted by Morocco’s telecommunications regulatory agency. The adoption rate climbed from 15.1% in 2019 to 24.9% in 2024, representing 3.7 million new online shoppers—a 65% increase. […]
Morocco’s tourism sector is poised to approach 20 million visitors by year-end 2025 while surpassing 120 billion dirhams in revenue—a target originally set for 2026—according to Tourism Minister Fatim-Zahra Ammor. Speaking with local media, Ammor attributed the accelerated growth to multiple factors, including international tourism’s post-pandemic recovery and Morocco’s elevated profile following the 2022 World […]
The World Bank Group supports Morocco in its vision for a new generation of territorial development programs, launched under the guidance of King Mohammed VI, said the International Finance Corporation (IFC) Regional Director for North Africa, Cheick-Oumar Sylla. “Morocco’s vision for a new generation of territorial development programs offers a key opportunity to deepen the […]
Morocco’s modernisation is an inspirational success. The country has built world-class ports, attracted tens of billions in investment, and positioned itself as a bridge between Africa and Europe—and between East and West, says Modern Diplomacy magazine in its latest edition. Since 2020, the country has drawn about $40 billion in greenfield manufacturing investment, becoming the […]
A delegation representing several Spanish aerospace companies from Seville and Cadiz visited lately Casablanca to explore the investment opportunities offered in the Kingdom’s aeronautic sector, generating annual revenue exceeding $ 2.8 billion. The Spanish trade mission was organized by Andalucía TRADE, Andalucía Aerospace and Moroccan grouping of aeronautical & space industries (GIMAS) to strengthen business […]
Morocco’s industrial sector marked a historic breakthrough in 2024, generating 898 billion dirhams in revenue and achieving a record 30% increase in investment, industry and trade minister, Ryad Mezzour said. Speaking at the presentation of the Industry barometer, Mezzour said 2024 was “a decisive turning point” in Morocco’s industrial development. He emphasized the sector’s growing […]