First Independent Mena Newspaper
The Central Bank of Libya has announced plans to inject $2.5 billion into the financial system starting April 1, 2026, to clear outstanding requests linked to letters of credit and personal foreign currency allocations. The intervention is expected to address a backlog of pending transactions while supporting commercial banks in meeting customer demand for foreign […]
Morocco reaffirmed, on Saturday in Malabo, its unwavering commitment to renewed South-South cooperation, based on partnership and concrete solidarity, in line with the vision of King Mohammed VI. This came in the address made by Foreign Minister Nasser Bourita, before the 11th summit the Organization of African, Caribbean, and Pacific States (OACPS), where Morocco is […]
Morocco’s tourism sector has maintained its upward momentum into 2026, recording more than 1.3 million arrivals in January — a 3% increase over the same month in 2025, according to the Directorate of Studies and Financial Forecasts. The figures confirm that the record-breaking trajectory of recent years is carrying through into the new year, supported […]
Morocco has received a strong endorsement from the Organization for Economic Co-operation and Development in its 2026 integrity and anti-corruption assessment, with performance indicators consistently exceeding OECD member averages across several key dimensions. The findings are contained in the report titled “OECD Integrity and Anti-Corruption Outlook 2026,” which benchmarks national anti-corruption frameworks against the organisation’s […]
Morocco’s fertilizer exports to the European Union reached an all-time high in 2025, with the bloc importing 1.55 billion euros’ worth of Moroccan fertilizers over the year — surpassing the previous peak of 1.42 billion euros set in 2022 and more than doubling the levels recorded in 2017. The figures reflect both a recovery in […]
More than 60 American agricultural organizations have formally called on the US government to remove countervailing duties on Moroccan phosphate fertilizers, warning that the measures are inflating input costs for farmers and jeopardizing the resilience of domestic food production. The appeal, addressed to Commerce Secretary Howard Lutnick in a letter dated March 20, 2026, comes […]
Morocco is planning to set up a market for non-performing loans (NPLs) offering the possibility of buying and selling of unpaid loans beyond set deadline. Banks can sell NPLs to reduce risk, free up capital, and maintain profitability, while investors seek to profit by restructuring or recovering value. Morocco’s Central bank, Bank Al-Maghrib, has been […]
Tanger Med is emerging as a key stabilizing hub as global shipping disruptions force carriers to reroute vessels around Africa, extend transit times and impose sharp freight surcharges. Port officials and operators say the hub’s position at the Atlantic–Mediterranean crossroads is reinforcing its role in absorbing redirected flows, even as the global crisis drives costs […]
Morocco is hosting the USTOA Out of Country Meeting 2026 from March 19 to 29, marking the first time the annual gathering of the United States Tour Operators Association has been held on the African continent. Organized in partnership with the Moroccan National Tourism Office, the event brings together fifty senior industry figures, including USTOA […]
Morocco is considering launching a direct air connection between New Delhi and Casablanca as it aims to capture a share of India’s rapidly expanding outbound tourism market, tourism officials said. The Moroccan National Tourism Office (ONMT) said India sent about 54,000 visitors to Morocco in 2025, a figure expected to rise to 70,000 in 2026. […]