First Independent Mena Newspaper
The Governor of the Central Bank of Libya, Naji Issa, on Thursday, July 9, met with the Chairman and members of a follow-up Committee established by the High Council of State to review the bank’s strategy and performance in recent years. The meeting examined the central Bank’s operations, monetary policy measures and the challenges it […]
Falcon Energy Materials Company opened on Thursday its pilot plant near Casablanca, a significant operational milestone in the production of high-purity coated spheronized purified graphite (CSPG) for the global battery industry. CSPG is a battery-grade carbon material used as the primary anode active material in lithium-ion batteries. It is engineered from natural flake graphite to […]
A delegation of political, economic and legislative staffers working for members of the United States Congress visited Dakhla on Wednesday where they discussed with senior Moroccan officials the economic potential of the Dakhla-Oued Eddahab region and the scope for deepening bilateral economic cooperation. The visit forms part of the ongoing dynamic in Morocco-US relations. The […]
The African Development Bank (AfDB) has approved €205 million ($234 million) in financing for Morocco to help extend the country’s high-speed rail network and upgrade infrastructure along one of its busiest transport corridors. The financing is aimed at increasing capacity and improving operational performance on the Kenitra-Marrakech railway corridor, a key route for passenger and […]
The Fiat Topolino electric microcar, produced at Stellantis’ factory in Kenitra, has been launched in the United States, marking the first time a vehicle manufactured at the Moroccan plant has been commercially introduced to the US market. The Italian automaker has delivered an initial batch of 300 Topolinos to selected US dealerships, with a second […]
Morocco’s football federation may have strong grounds to renegotiate its equipment sponsorship agreement with Puma, as the commercial value of the Atlas Lions has surged since the deal was signed in 2019, according to an analysis published by Moroccan business outlet Médias24. The report argues that the partnership was concluded when Morocco was a mid-ranking […]
A proposal by the Rassemblement national des independants (RNI) to introduce a tax credit of up to 5,000 dirhams per year per child for private school fees has reignited a fundamental debate in Moroccan economic policy: when the state transfers money to consumers, does it strengthen their purchasing power or merely give producers the ability […]
Moroccan remittances from abroad exceeded 122 billion dirhams in 2025 and are projected to approach 128 billion dirhams in 2026, representing close to 8.5 percent of GDP and one of the country’s primary sources of foreign exchange. Yet this formidable financial flow conceals a persistent structural limitation: the vast majority of diaspora funds continue to […]
The International Monetary Fund warned Algeria that its economy is weakening, urging authorities to tighten fiscal policy, avoid printing money to finance government deficits and stand ready to tighten monetary policy if inflation persists. The unusually stark warning came in the IMF’s 2026 Article IV consultation, which said rising oil and gas prices were helping […]
French Prime Minister Sebastien Lecornu will visit Morocco on July 15-16 at the head of a delegation of 10 ministers, as Rabat and Paris work on a new cooperation treaty and deepen economic ties, Moroccan media reported. Lecornu is due to arrive in Rabat on July 15 and hold talks with Moroccan Prime Minister Aziz […]