First Independent Mena Newspaper
Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]
Morocco’s fruit and vegetable exporters have condemned what they describe as a “disinformation campaign” in European media questioning the safety of Moroccan tomatoes, saying the allegations lack scientific basis and amount to unfair trade practices. The latest reports form part of a pattern of attempts to discredit Moroccan produce, particularly tomatoes, which have become a […]
Morocco’s tax expenditures have risen to 32.1 billion dirhams in 2025, reflecting persistent challenges in the government’s efforts to rationalize fiscal incentives despite a broader reform agenda aimed at improving transparency and efficiency in public spending. Tax expenditures as a percentage of GDP have declined from 2.9% in 2022 to 2.1% in 2024, primarily due […]
Delta Air Lines has launched its first nonstop service between Atlanta (ATL) and Marrakech (RAK), marking the carrier’s entry into Morocco and its first flight to North Africa in more than a decade. The inaugural flight landed at Marrakech Menara Airport on Sunday, opening three-times-weekly service that links Morocco’s “Red City” to Delta’s vast U.S. […]
Marsa Maroc, Morocco’s major port terminals operator, has joined forces with CMA Terminals, a subsidiary of the French CMA CGM Group, to operate the West Container Terminal at the Port of Nador West Med, a major strategic hub on Morocco’s Mediterranean coast. The two partners have set up a Joint Venture which will be responsible […]
Morocco has pledged to phase out coal-fired power generation by 2040, conditional on international support, or in the 2040s unconditionally, marking its first official coal exit timeline. The commitment, outlined in the country’s updated Nationally Determined Contribution (NDC), follows Morocco’s 2023 decision to join the Powering Past Coal Alliance (PPCA) and signals a major shift […]
Turkish defense manufacturer Baykar would establish a drone production facility in Benslimane, Morocco, marking a major step in the country’s ambitions to develop its military and aerospace industry, Moroccan outlet Le Desk reported. The announcement follows months of speculation and was formalized through the creation of a Moroccan subsidiary, Atlas Defense, headquartered in Rabat. The […]
Morocco has taken a significant step toward energy autonomy with the adoption of a law regulating electricity self-production. The law, approved by the cabinet on October 23, aims to decentralize power generation and strengthen the kingdom’s energy resilience amid rising demand and slowing renewable output. The move comes as Morocco faces mounting energy pressures. National […]
An Italian parliamentary delegation praised on Friday in Laayoune the dynamic development that the Laayoune-Sakia El Hamra region is experiencing across various sectors. The delegation members, representing both Chambers of the Italian Parliament, attended presentations and conducted field visits to closely examine the region’s potential and the infrastructure available in several socio-economic sectors. In a […]
Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]