First Independent Mena Newspaper
Morocco and Russia signed on Friday in Moscow a new cooperation agreement on fisheries, which stands in for the previous agreement, expired on December, 31, 2024. The agreement was signed by Moroccan Foreign Minister Nasser Bourita and Russia’s Head of the Federal Agency for Fishery Ilya Shestakov on the sidelines of the 8th session of […]
Low-cost airline EasyJet has announced plans to establish in Marrakesh its first-ever base in Africa. With three aircraft based in the “Red City”, the company will offer its clients a permanent, year-round operation, serving 24 European destinations starting spring 2026. In the first year, easyJet will offer a record 4 million seats to and from […]
The dynamics of integrated and sustainable development in Morocco’s southern provinces were highlighted during a session part of the Global Youth Leadership Forum (GYLF) held in Santander, northern Spain October 12-17. The session, under the theme “Morocco, Gateway to Africa: Dakhla and the Southern Provinces of the Kingdom as an Example,” showcased the economic, social, […]
Morocco has turned its pharmaceutical sector into a strategic lever for health sovereignty and economic growth, said on Thursday in Istanbul, the Secretary of State in charge of Foreign Trade, Omar Hejira. Speaking during a panel held part of the 5th Türkiye-Africa Business and Economic Forum, Hejira emphasized that the Kingdom has undertaken an ambitious […]
The Bourse Régionale des Valeurs Mobilières (BRVM), West Africa’s regional stock exchange, has reached an unprecedented market capitalization of about $21.2 billion, marking a milestone for the eight-member West African Economic and Monetary Union (WAEMU). Announced on Wednesday (15 Oct), the BRVM’s market cap has soared 29.13% since the end of 2024, with a remarkable […]
Sub-Saharan African nations are facing mounting fiscal strain as they increasingly turn to domestic banks to fund government budgets, the International Monetary Fund (IMF) warned in its latest Regional Economic Outlook. With global capital markets still hesitant and aid flows uncertain, governments are borrowing more at home — paying higher rates and placing pressure on […]
Morocco stands out as an obvious destination for aerospace investment thanks to its talents — a true industrial and modern infrastructure momentum driven under the impetus of the King, said Olivier Andriès, CEO and board member of the Safran Group. “We chose to invest in the aircraft engine complex in Nouaceur based on the welcoming […]
Morocco’s public enterprise reform experience took center stage at the World Bank Annual Meetings in Washington Wednesday, with Economy and Finance Minister Nadia Fettah highlighting the sector’s pivotal role in national economic development and job creation during a panel on employment-generating public enterprise reforms. The kingdom’s 60 commercial public enterprises contribute significantly to economic vitality, […]
Royal Air Maroc has signed with Dublin-based Avolon Company a lease agreement for six Boeing 737-8 MAX planes. Two aircraft were delivered in recent weeks with the remainder to be delivered through 2025 and 2026. Commenting the deal, Paul Geaney, President and Chief Commercial Officer, Avolon said: “We are excited to welcome Royal Air Maroc […]
Moroccan Foreign Minister Nasser Bourita met his Russian counterpart, Sergei Lavrov, in Moscow this Thursday to strengthen bilateral ties under a strategic partnership, first agreed by King Mohammed VI and President Vladimir Putin in 2016. The talks focused on deepening cooperation and exploring new areas of collaboration, as both ministers praised the momentum in Morocco-Russia […]