First Independent Mena Newspaper
Morocco continues to attract foreign investment thanks to its political stability, economic performance, open-market, unique geostrategic position and growing competitive industrial eco-system. British Company PowerForce Global, leader in industrial maintenance and service solutions in energy sector, has launched its operations in Morocco as part of its expansion strategy in North Africa. The Bristol-based Company delivers […]
Morocco’s government announced Thursday that tax revenues are expected to reach 366 billion dirhams ($36.5 billion) this year, representing a substantial increase from the 199 billion dirhams ($19.8 billion) recorded in 2020. Government spokesperson Mustapha Baitas attributed this nearly 160 billion dirham rise to fiscal reforms that have strengthened public finances and expanded funding capacity […]
Economic cooperation between Morocco and Spain continues to deepen in the agri-food industry, with investors from both countries demonstrating strong interest in biscuit manufacturing and industrial bread production. Competition authorities recently disclosed several major concentration operations signaling this growing partnership. The Moroccan Competition Council announced that Mexican multinational Grupo Bimbo S.A.B. de C.V., through its […]
Tunisia’s fisheries trade balance posted a steep 142% decline by the end of November 2025, as the surplus went down from the 361.1 million dinars recorded in November 2024 to 225 million dinars in the 2025 corresponding period, according to figures released by the National Observatory of Agriculture (ONAGRI). Fisheries exports reached 30,500 tons valued […]
Morocco has lowered taxes on imported mobile phones from 17.5% to 2.5% as part of the 2026 Finance Law, a move the government says will help stabilize the market, reduce smuggling and support businesses that operate legally. The new rate applies to all mobile phones, whether fully assembled or imported in pieces to be put […]
The Moroccan Observatory of Micro, Small and Medium Enterprises (OMTPME) presented its 2025 Annual Report offering a comprehensive overview of Morocco’s corporate business landscape in 2024, revealing a combination of sustained growth and ongoing structural vulnerabilities. According to the report, unveiled during a press conference in Casablanca led by its executive director, Amal Idrissi, Morocco […]
Morocco’s 2026 General Tax Code represents the normative culmination of a trajectory clearly assumed since the third National Tax Conference held in 2019, consolidating engaged reforms while providing overall coherence rather than constituting doctrinal rupture or simple technical revision. Underlying Moroccan fiscal philosophy has evolved significantly in recent years, no longer prioritizing nominal rate adjustments […]
Morocco’s National Airports Office (ONDA) has awarded the construction contract for the new terminal at Casablanca Mohammed V International Airport to a fully Moroccan consortium composed of SGTM and TGCC, the public operator said. The contract, valued at 12.8 billion dirhams, represents the largest airport infrastructure project ever undertaken in the country. According to ONDA, […]
Davies Turner, a freight forwarding and logistics company, has enhanced its operational capacity on the UK-Ireland-Morocco routes to meet surging volumes in fashion, automotive and aerospace supply chains. The British company has increased the number of its mega trailers dedicated to Moroccan services to 35 units supplied by Krone. The new trailers feature steel walls, […]
Morocco’s industrial sector has expanded to nearly 900 billion dirhams ($98 bln) in national production, including around 400 billion dirhams in exports, marking a decisive step in the country’s shift toward an industrial policy centered on economic sovereignty, Moroccan industry and trade minister Ryad Mezzour said. The figures were presented by Ryad Mezzour during a parliamentary session, […]