First Independent Mena Newspaper
The Central Bank of Tunisia (BCT) has decided to maintain its benchmark interest rate unchanged at 7%, following its Monetary Policy Council meeting held on June 3, 2026. The decision reflects the Bank’s continued cautious stance as it assesses recent economic, monetary and financial developments at both domestic and international levels, particularly evolving inflation trends […]
The Moroccan army has reinforced its air defense capabilities with the acquisition of 50 KP-SAM “Chiron” launchers and 101 missiles from South Korea, according to UN Register of Conventional Arms. The KP-SAM Chiron is a man-portable, shoulder-launched surface-to-air missile (MANPADS) designed to intercept low-flying aircraft, helicopters, drones, and cruise missiles. it features an advanced dual-channel […]
The London-based Xtract Resources Company has announced it obtained a 10-year mining license for the Amghas antimony project in northwest Morocco, marking a major step toward near-term production. In parallel, the Company has begun relocating existing processing plant infrastructure from Casablanca to Amghas, while Wildstone SARL (“Wildstone”), Xtract’s 80%-owned venture, finalizes documentation for a processing […]
Aura Energy is moving closer to securing financing for its Tiris uranium project in Mauritania, with discussions underway for potential backing from U.S. institutions, marking a significant step in the development of what could become the country’s first uranium mine. On June 2, 2026, the Australian company announced it is negotiating with the U.S. International […]
Morocco and the United Kingdom are aiming to double the volume of their bilateral trade from 4.5 billion pounds currently, officials said, as both countries move to deepen economic cooperation and boost bilateral investment. The goal was stated during the 4th session of the Morocco-UK Association Council held in Rabat, under the co-chairmanship of Minister […]
Morocco’s leading private healthcare group Akdital is preparing to build a third hospital in Saudi Arabia, marking a new step in its rapid expansion across the Gulf region, specialized media reported. The Casablanca-listed group has acquired land in Riyadh for the project, according to company communication cited by Reuters and Le Desk. The planned facility […]
Morocco maintained its presence in the top 10 of the MENA region for startup fundraising in April 2026, reaching seventh place with 1.7 million dollars mobilized through a single transaction — a slight increase on the 1.2 million raised in March, when the country had briefly reached third place in a market compressed to its […]
Morocco and the European Union launched a program to support the Kingdom’s national water policy for a total cost of 3.7 billion dirhams (€348 million), as the country faces mounting pressure on its water resources due to climate change and recurring droughts. The program, unveiled in Rabat, is backed by the EU along with Germany, […]
British Trade minister Chris Bryant arrived Tuesday in Rabat accompanied by 50 UK businesses for talks with Moroccan government officials and private sector on the investment opportunities as the North African Kingdom will co-host the FIFA World Cup 2030, one of the largest global economic events. After his talks with Moroccan Foreign minister Nasser Bourita, […]
Famous Moroccan Ksar Aït Ben Haddou village, a UNESCO World Heritage site, has been selected by UNESCO and the TUI Care Foundation for a new global partnership aimed at promoting sustainable tourism development and contributing to heritage preservation while generating long-term benefits for local communities. UNESCO and the TUI Care Foundation have joined efforts to […]