First Independent Mena Newspaper
The U.S. shipping regulator has drafted heavy penalties against Spanish vessels entering American ports, paired with sweeping restrictions on billions of dollars-worth of Spanish imports. The American retaliatory tariffs come in response to Madrid’s decision made in 2024 denying port access to U.S. vessels carrying military cargo bound for Israel. Trump administration had threatened to […]
Safran Electrical & Power, a world leader in aircraft electrical systems and a subsidiary of the French aerospace group Safran, has inaugurated a new extension to its facilities located in the suburbs of Moroccan city Temara, near Rabat. This extension supports the site’s continued growth and strengthens Safran’s industrial capabilities to meet the needs of […]
OCP Maintenance Solutions (OMS), a subsidiary of OCP Group, and Greek engineering firm Sychem, acting through its Moroccan subsidiary Sychem Africa, have launched a 12-month partnership to keep desalination plants running efficiently and cut maintenance costs, 7News reports. The deal also foresees a specialist centre in Morocco. OMS would supply local technical teams, equipment management […]
Morocco has joined the U.S. Army’s specialized Unmanned Aircraft Systems (UAS) and Counter-UAS digital procurement marketplaces, enabling U.S. allies to benefit from reduced purchasing times from months to just few days. Besides Morocco, Panama, Japan, Albania, Kuwait, Croatia, Canada, and Egypt have signed documents to access the US army exclusive online platform which aims to […]
Morocco is positioning itself as a driving force for innovative financing models to unlock large-scale railway development across Africa, as the second International Forum on “Investment and Financing Solutions for the Future of Railways in Africa” opened Wednesday in Rabat under the high patronage of King Mohammed VI. The two-day gathering (October 14-15) brings together […]
Febo Group, a major European thermoplastic resin and polymer distributor, has expanded its footprint in Morocco with the establishment of a new company in the Tangier Free Zone. The new subsidiary, “FEBO E&R Polymers SARL”, will focus on engineering polymers and high-tech industrial applications designed for the automotive, electrical and electronics, lighting and household appliance […]
Morocco’s economy is expected to end 2026 on a stronger note, with GDP growth accelerating to 4.7% in the fourth quarter, according to the High Commission for Planning (HCP). This follows estimated growth of 4.1% in the third quarter and 4% in the second, HCP said. The pickup would be driven by a recovery in […]
Libya’s Central Bank has maintained that it received $361 million in oil revenues between October 1 and 14, while welcoming independent audits to verify the figures. The Central Bank of Libya said the amount reflected funds actually deposited into its accounts and matched records held by the Government of National Unity’s Ministry of Finance. It […]
Canadian defense manufacturer Inkas Aerospace & Defense is in advanced negotiations with Moroccan authorities to establish a production plant for armored vehicles and drones in the Kingdom, the company’s representative in Morocco said on the sidelines of the Marrakech Air Show 2026. In an interview with le360, Moises Amselem Elbaz, Inkas’ representative in Morocco, told […]
Chinese industrial group Hangyu Technology has decided to relocate its $117.36 million forging project from Slovakia to Morocco’s Mohammed VI Tangier Tech City, which includes a 2,167-hectare smart city and industrial free zone, built through a partnership between Morocco and China under the Belt and Road Initiative The Chinese industrial project, which will be transferred […]