First Independent Mena Newspaper
The Arab Monetary Fund has forecast Libya’s economy to expand by 14.3% in 2025, before moderating to 5.9% the following year, contingent on improved domestic stability and stronger investor confidence. In its latest Arab Economic Outlook report released this week, the Fund attributed the robust growth outlook to the hydrocarbons sector, which provides over 95% […]
Morocco emerged as Spain’s largest fresh fruit and vegetable supplier in the first five months of 2025, delivering €834 million worth of produce and achieving a remarkable 30% year-over-year growth, according to official Spanish data. The significant performance places Morocco well ahead of traditional European suppliers, with France ranking second at €234 million—representing a 6% […]
Morocco’s strategy in defending its legitimate rights over its southern provinces has evolved from a security angle to a focus on economic development and investment opportunities, says World Politics Review, an American academic quarterly journal. The Sahara issue has seen a significant diplomatic shift since 2020, when U.S. President Donald Trump announced American recognition of […]
Morocco’s National Office of Electricity and Drinking Water (ONEE) has launched an international tender for a hybrid solar-diesel power plant in El Guerguarat, marking a significant step in the country’s renewable energy expansion strategy. The $6.18 million project features an 18-month implementation timeline and will be constructed on a 10-hectare site at the strategically important […]
Global prices for key food commodities rose in July, reversing a recent downward trend, according to data released recently by the United Nations’ Food and Agriculture Organization (FAO). The FAO’s global price index averaged 130.1 points in July, a 1.6% increase from June and its highest level since February 2023. This surge was primarily driven […]
The Tunisian General Labor Union (UGTT), chaired by Secretary General Noureddine Taboubi, has announced plans to hold a workers’ rally and march on Thursday, 21 August. Union officials say the action aims to defend union rights in response to stalled negotiations, the cancellation of social dialogue, and what they describe as attacks on union headquarters. […]
Africa’s long-fragmented cross-border payment systems may be on the cusp of transformation, driven by emerging alternatives to Western-dominated networks like SWIFT. The launch of BRICS Pay — a decentralized platform aiming to settle transactions in local currencies — signals a broader push to reduce reliance on the U.S. dollar and challenge the geopolitical sway it […]
The three-day visit paid lately by India Navy’s stealth frigate INS Tamal to the Casablanca port underlines the growing strategic and defense cooperation between India and Morocco. INS Tamal is the third Indian Naval Ship in the last two years to visit Casablanca. During the port call, the crew of INS Tamal participated in a […]
Morocco’s automotive market experienced robust growth in July 2025, with new vehicle sales climbing 38.6% year-over-year to nearly 20,000 units, according to the Association of Vehicle Importers in Morocco (AIVAM). The impressive performance was driven by strong rebounds across both passenger vehicles (VP) and light commercial vehicles (VUL). Passenger car sales jumped 39.4%, while commercial […]
Morocco’s Customs and Indirect Taxes Administration has unveiled comprehensive regulations governing defense materials, weapons, and ammunition trade, establishing strict frameworks while facilitating essential commercial flows for the national defense industry. The new circular, based on Law 10-20 of 2020, creates three distinct material categories with specific regulatory requirements. Category A covers exclusively military equipment including […]