First Independent Mena Newspaper
US automotive technology supplier Gentex Corp plans to open a manufacturing facility in Morocco by 2028, strengthening the North African country’s position as a hub for the automotive industry and bringing the company closer to its European customers. The maker of auto-dimming rear-view mirrors and vehicle electronics has signed a memorandum of understanding with Moroccan […]
Morocco’s industrial sector operated in a broadly stable environment in the second quarter of 2026, with generally steady access to bank financing and a business climate most companies described as normal, according to the latest quarterly survey by the central bank, Bank Al-Maghrib. Seventy-one percent of industrial firms rated the general business climate as normal […]
Morocco will celebrate National Day for Moroccans Living Abroad on August 10 under the theme “MRE at the Service of Morocco’s 2030 Projects,” the ministry responsible for the diaspora announced, framing the occasion as part of King Mohammed VI’s continued attention to the Moroccan community abroad. As in previous years, celebrations will be held across […]
Morocco has launched a new construction tender for the outer shell of Grand Stade Hassan II near Casablanca, a key project in the country’s preparations for the 2030 World Cup that is expected to become the world’s largest football stadium with a capacity of 115,000 spectators. The National Agency for Public Equipment, acting on behalf […]
Canada’s Aya Gold & Silver has acquired a package of mining licenses and exploration permits in Morocco, expanding its land position in the country and adding three new early-stage exploration projects to its growth pipeline. The company said the acquisition comprises three mining licenses and 18 exploration permits covering about 259 square kilometers. The deal […]
Low-cost airline company Ryanair has unveiled its biggest ever Winter schedule in Morocco, offering 5.3m low-fares seats to/from 156 destinations, including 17 new routes. These include new connections from Rabat to major European cities such as Stockholm and Krakow, from Marrakesh to Wroclaw, and from Agadir to Milan, Nuremberg, Bratislava and Gdansk. Ryanair’s record Winter […]
Bilateral trade between the UK and Morocco reached £5.3 billion in the 12 months through March 2026, rising 16.7% or £756 million from a year earlier, according to data from the UK Department for Business and Trade. British exports to Morocco posted the strongest growth, climbing 29.8% to £2.6 billion. Imports from Morocco increased at […]
Morocco’s government is targeting economic growth of 4.1% and a budget deficit of 3% of gross domestic product in 2027 as it seeks to balance major infrastructure and social spending programs with fiscal discipline ahead of legislative elections, according to budget guidelines issued by Prime Minister Aziz Akhannouch. The assumptions are outlined in a circular, […]
Morocco scored 70 points in the 2026 Trade Freedom Index, up from 67 a year earlier, placing the kingdom 93rd out of 175 economies worldwide and exactly at the global average, according to the index published by The Global Economy using data from the Heritage Foundation. Singapore topped the ranking with 95 points. The index […]
Libya’s House of Representatives Speaker Aguila Saleh received the country’s final state accounts from the Head of the Administrative Control Authority, Abdullah Qaderbouh. The meeting, held in Al-Qubbah on Wednesday, August 5, focused on strengthening oversight mechanisms, improving institutional performance and enhancing transparency in the management of public resources. According to the Speaker’s Media Centre, […]