First Independent Mena Newspaper
Morocco’s fuel distribution sector experienced contrasting margin trends during the first quarter of 2025, with diesel and gasoline gross margins following distinct patterns across two phases, according to the Competition Council’s latest report. The quarterly evolution revealed an initial growth phase from January through mid-February, followed by a decline lasting until end of March. During […]
Morocco’s government has reaffirmed its commitment to implementing comprehensive reforms as it prepares the 2026 Finance Bill and three-year budgetary programming for 2026-2028, Economy and Finance Minister Nadia Fettah announced Thursday in Rabat. Speaking before the Government Council, Fettah emphasized that reform initiatives align with Royal directives and form part of an integrated development framework […]
Bank of Africa has unveiled a comprehensive summer 2025 campaign targeting Moroccans living abroad, offering premium services, exclusive promotions, and investment support throughout their journey and stay in Morocco. The initiative represents a significant outreach effort to Morocco’s global citizens, combining financial services with cultural engagement. Headline offerings include a major lottery featuring 100 airline […]
Morocco will spend 38 billion dirhams, or 4.32 billion dollars, to expand and modernize its airports in anticipation of a growth in tourist arrivals ahead of the 2030 World Cup. The money will be spent on the airports of Casablanca, Marrakesh, Agadir, Tangier, and Fez. The investment is part of a deal between the government […]
Morocco’s leading telecommunications operator Maroc Telecom has crossed a significant milestone, reporting over 80 million subscribers in the first half of 2025, marking a 2.3 percent increase compared to the same period last year. The growth comes despite what the company described as a “highly competitive and regulated market environment,” with subsidiary operations driving expansion […]
Morocco will host the inaugural Supply Chain Business Tour (SCBT) in Tangier on November 25-26, 2025, positioning itself as a strategic bridge between European and African supply chain networks in an era of global trade reconfiguration. The event, organized by MAJ EVENTS—a joint venture between logistics specialist CCELOG and strategic communications firm PATHS OF MOROCCO—aims […]
Egypt’s current account deficit narrowed significantly to $13.2 billion during the first nine months of the 2024/2025 fiscal year, down from $17.1 billion a year earlier, the Central Bank of Egypt announced on Tuesday, July 22. This improvement was driven primarily by an 86.6% surge in remittances from Egyptians abroad, reaching $26.4 billion, and a […]
Morocco’s listed banks have entered a virtuous cycle, recording 91.6 billion dirhams in net banking income for 2024, up 12.8 percent year-on-year, significantly exceeding five-year averages and signaling robust sector recovery. Attijari Global Research’s latest report reveals comprehensive performance improvements across all revenue streams. Interest margins grew 6.3 percent driven by credit volume recovery, particularly […]
Portugal, an Atlantic nation with centuries-old ties to many countries in Africa, has backed in clear-cut terms Morocco’s initiative to facilitate access to global trade for landlocked Sahel states. This came in a joint statement following talks in Lisbon Tuesday between Moroccan Foreign Minister, Nasser Bourita, and his Portuguese peer, Paulo Rangel. Portugal backs the […]
Morocco has secured the top position in North Africa for economic freedom, ranking 101st globally out of 196 countries in the 2025 Nomad Capitalist Freedom Index, though structural obstacles continue to limit its full economic potential. The tax and migration advisory firm’s index evaluated countries across five pillars: financial freedom (30 percent), asset protection (25 […]