First Independent Mena Newspaper
Mauritania and China have signed a MoU in Nouakchott on 29 June for the partial cancellation of Mauritania’s debt, marking a fresh step in bilateral economic cooperation. The agreement was signed by Mauritanian Minister of Economic Affairs and Development Abdallahy Ould Souleymane Ould Cheikh Sidiya and Chinese Ambassador Tang Zhongdong. Speaking at the ceremony, the […]
The Middle East and North Africa (MENA) region should treat its current wave of geopolitical, economic, and technological shocks as an opportunity to rethink growth models and accelerate structural reforms, according to Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia department. Speaking Monday in Rabat at the opening of the […]
The European Investment Bank (EIB) Group plans to channel more than €700 million into Morocco during 2026, according to EIB Group President Nadia Calviño, who made the announcement during her first official visit to the kingdom since taking up the role. Calviño noted that the partnership between the EIB and Morocco has accelerated markedly in […]
Moroccan and Chinese Customs administrations have signed lately three cooperation agreements to enhance further trade exchanges and economic ties between the two countries. They agreed to provide mutual administrative assistance and recognize the two countries’ Authorized Economic Operator (AEO) program, an international certification proving that a business customs controls comply with rules and standards set […]
Morocco has launched construction of the International Cinema City in Ouarzazate, a major new film production hub, as the country’s audiovisual sector draws record levels of foreign investment and cements its status as a global filming destination. The project is designed as a “one-stop shop” platform covering the entire film industry value chain, from production […]
OCP Nutricrops, the fertilizer arm of Morocco’s OCP Group, has renewed its annual agreement with Bangladesh’s state-run Bangladesh Agricultural Development Corporation (BADC) to supply phosphate-based fertilizers for the 2026-2027 crop season, the company said. Under the deal, OCP Nutricrops will deliver up to 1.3 million tonnes of phosphate fertilizers, including as much as 750,000 tonnes […]
Morocco’s domestic demand grew by 6.5 percent in the first quarter of 2026, a slight acceleration from the 6.4 percent recorded in the same period a year earlier, according to a note published by the High Commission for Planning (HCP) on the national economic situation in Q1 2026. The improvement in domestic demand contributed 6.9 […]
Sudan and China signed an agreement on Sunday, June 28, 2026, to cancel a portion of Khartoum’s bilateral debt in a move aimed at strengthening strategic cooperation as Sudan continues to grapple with a severe economic collapse driven by prolonged conflict. The agreement, announced by Sudan’s Finance ministry, covers the cancellation of four interest-free loans […]
Le Bureau national de lutte contre les crimes économiques et financiers (BNLCEF), a specialized unit of the national judiciary police brigade, (BNPJ), has opened an investigation into a group of businessmen and foreign exchange office operators suspected of channeling large sums of money of undetermined origin into the Moroccan economy. The development was reported on […]
President of the European Investment Bank (EIB) Group, Nadia Calviño, will pay an official visit to Morocco from June 29 to July 1, 2026, as part of efforts to strengthen the strategic partnership between the European financial institution and the Kingdom. During the visit, Calviño will hold talks with several members of the Moroccan cabinet […]