First Independent Mena Newspaper
Morocco’s new government has set ambitious yet realistic macroeconomic targets for the 2026–2031 legislative term, aiming to finance its social and sovereign priorities through sustained growth and disciplined public finances. Presenting the program to both houses of Parliament, the Prime Minister outlined an average annual GDP growth rate of 5% for the period 2027–2031, with […]
Morocco’s newly appointed head of the government Fatima Ezzahra El Mansouri has placed the fight against corruption and rent-seeking at the forefront of the government’s 2026–2031 program. In her inaugural policy address before members of the parliament, El Mansouri stressed that public institutions will not regain citizens’ trust without a genuine crackdown on corruption and […]
The Doha-based Green Sky Capital will invest $239 million a Sustainable Aviation Fuel (SAF) production plant to be built in Morocco’s Nador West Med port complex, according to press reports. The projected facility is designed to process used cooking oil, fats, and regional residues into green jet fuel using French Axens’ licensed Vegan HEFA technology. […]
NGE, a major French construction & civil engineering group, has secured a $44 million contract part of the expansion of Morocco’s high-speed rail line between Kenitra to Marrakech. The contract includes key infrastructure works supporting the extension of the high-speed train line. The French company will carry out earthworks and civil engineering activities, rail platform […]
Morocco’s Competition Council has published a detailed annual report painting a picture of intense regulatory activity in 2025, marked by a sharp rise in merger reviews, multi-million-dirham fines, and pointed interventions in key sectors ranging from food delivery to pharmaceuticals. The regulator issued 202 decisions and opinions during the year, underscoring heightened vigilance over the […]
Morocco has called on the World Bank to expand financial guarantees, reduce investment risks and improve access to financing for small businesses, arguing that developing economies need greater access to private capital to support growth and job creation. Speaking on behalf of eight countries at the 114th Development Committee meeting in Bangkok on October 15, […]
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan, chaired a ministerial council on Saturday at the Royal Palace in Rabat. The meeting was devoted to discussing and approving the broad guidelines of the 2027 Finance Bill, which includes measures to support purchasing power, increase direct social assistance, and launch an integrated national youth […]
Egyptian Pickalbatros Hotels & Resorts group has secured $250 million in financing from the IFC, part of the World Bank Group, and Attijariwafa ban. The deal, signed in Marrakech on 15 October 2026, was described as the largest IFC-backed hotel financing in Morocco’s history. The funds will go towards acquiring hotels, expanding the portfolio and […]
Port operator Somaport marked its 20th anniversary in Casablanca on Saturday, “marking two decades of an industrial and human adventure closely tied to the modernisation of Morocco’s port sector,” the operator said in a statement. Born of the 2006 port reform, the company held a ceremony in partnership with the Union marocaine du travail (UMT) […]
Nine years after Algeria first activated the printing presses under the guise of “non-conventional financing,” the regime’s addiction to helicopter money remains firmly in place. What was presented in 2017 as a temporary five-year lifeline to stave off bankruptcy has become a permanent fixture of fiscal mismanagement. The Bank of Algeria continues to bankroll a […]