First Independent Mena Newspaper
Port Sudan handled 15,593 containers, equivalent to 26,019 twenty-foot equivalent units (TEUs), during June 2026, according to the Sea Ports Corporation. The state-owned operator said the Southern Port received 30 vessels last month, comprising 15 container ships and 15 non-container vessels. Imported cargo accounted for 8,157 containers (13,615 TEUs), representing 52.33% of total traffic, while […]
Morocco has inaugurated a third production line at Amiblu Maroc, a specialist manufacturer of glass fibre-reinforced polyester (GRP) piping systems, in a $17 million-investment designed to strengthen the country’s industrial capacity in water infrastructure and create more than 300 jobs. Minister of Industry and Trade Ryad Mezzour presided over the inauguration ceremony at the company’s […]
Germany’s automotive supplier BENTELER has just opened a state-of-art smart factory in Morocco Atlantic Free Zone in Kenitra. Over $42 million has been invested in the new factory which created more than 300 direct jobs, in addition to many indirect employment opportunities throughout the local value chain. The 17,000 m² plant, built on 50,000 m² […]
Uber is expanding its presence in Morocco, launching services in Agadir and Tangier as it deepens a comeback to the North African market after an eight-year absence, the company said. The ride-hailing platform, which resumed operations in Morocco in November 2025, has already re-established services in Casablanca, Rabat and Marrakech, and is now targeting key […]
The European Investment Bank announced on Tuesday €365 million investments destined to boost Morocco’s transport sector, connectivity and economic opportunities. The new European Bank’s investments have been announced by EIB President Nadia Calviño during the working visit she is paying to the Kingdom. The EIB funding aims to strengthen the resilience and security of Morocco’s […]
Morocco’s national savings rate rose to 31.4 percent of GDP in the first quarter of 2026, up from 29.5 percent in the same period of 2025, according to the High Commission for Planning. The improvement, set out in HCP’s economic situation note for Q1 2026, reflects stronger income growth relative to consumption and represents a […]
Morocco’s media landscape is undergoing a radical transformation, driven by the rapid expansion of streaming platforms including Netflix, YouTube, TikTok, Spotify and Shahid. According to DataReportal, the country counted 35.3 million internet users at the start of 2025, a penetration rate of 92.2 percent. The Agence nationale de réglementation des télécommunications recorded 31.5 million users […]
U.S. President Donald Trump has issued an emergency proclamation lifting temporarily countervailing duties (CVD) on phosphate fertilizers imported from Morocco for eight months. The move will bring immediate relief to producers who rely on these critical inputs with an estimated 22% reduction in phosphate fertilizer prices, and $1.82 billion in annual savings for producers. Global […]
American technology leader Oracle, specializing in enterprise software, cloud computing, and database systems, has opened its second Research & Development center in Morocco. Located in Agadir, the new facility builds on Oracle’s R&D hub launched last year in Casablanca. The two centers support Morocco’s drive to advance world-class AI and cloud technologies to serve global […]
Attijariwafa bank and the Moroccan Association for the Automotive Industry and Trade (AMICA) have signed a strategic partnership agreement aimed at strengthening financial and operational support for companies within the kingdom’s automotive ecosystem. The accord was formalized on the sidelines of the Industrial Automotive Competitiveness Show in Kénitra last week. The agreement was signed by […]